29 Jan '16, 10am

Daihatsu to become full subsidiary of Toyota – small car operations to be enhanced via global strategy https://t.co/QROJ8p1NPv

Daihatsu to become full subsidiary of Toyota – small car operations to be enhanced via global strategy https://t.co/QROJ8p1NPv

It’s confirmed, Daihatsu is set to become a wholly-owned subsidiary of Toyota through a share exchange that will be completed in August 2016. An agreement has been reached between both companies, where a unified strategy for the small car segment will be employed for the purpose of developing better cars. In addition to that, the share exchange is set to add more value to both brands. With the shared strategy, it will enable both Toyota and Daihatsu to overcome obstacles that they may face in the future. This includes resource-intensive activities like the development of next-generation technologies and the entry into business areas that have growth potential. In detail, the agreement will see Toyota and Daihatsu combine their base of operations, which will have them share expertise in various areas. In turn, this will allow for the two entities to develop more appealing p...

Full article: http://paultan.org/2016/01/29/daihatsu-to-become-full-sub...

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