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Toyota buys Daihatsu for small-car development

Toyota is getting serious about small cars, but it's not going at it alone. Instead it's turning to its subsidiary Daihatsu, with which it will now share more resources and expertise. And in the process, it's acquiring the remaining stake in the smaller automaker. Daihatsu is a Japanese carmaker founded in its present form in 1951, but with roots that trace back as far as 1907. Toyota acquired a controlling interest of 51 percent in Daihatsu in 1988, bringing the company under its umbrella. But now it is raising its stake to 100 percent by a reciprocal share-swap agreement that will see Daihatsu's other shareholders take 0.27 shares in the larger company for each share in the smaller. As part of the new arrangement, the Daihatsu division will take the lead in developing new small cars, both for itself and for its parent company. Toyota in turn will also share key technologies with Daihatsu, and both will share each other's networks in emerging markets. The bottom line is that we can expect to see more small Toyotas and Scions developed and built by Daihatsu in the near future. The Daihatsu name may not be as familiar to Americans as some of Toyota's other brands. It briefly sold models like the Charade and Rocky in the United States under its own name in the late 1980s and early 90s. However US customers may be more familiar with those it built for the Scion brand, such as the Scion xB that was based on the Daihatsu Materia. While the realistic part of our brains force us to admit it's unlikely, the dreamer within us will hold out hope that the new arrangement could see a Scion version of the nimble little Daihatsu Kopen roadster make its way to our shores in the coming years. Toyota and Daihatsu to Strengthen Small Car Operations through Unified Global Strategy Toyota Motor Corporation (Toyota) and its subsidiary Daihatsu Motor Co., Ltd. (Daihatsu) have reached an agreement whereby Daihatsu will become a wholly-owned subsidiary of Toyota by way of a share exchange (expected to be completed in August 2016). The purpose of the agreement is to develop of ever-better cars by adopting a unified strategy for the small car segment, under which both companies will be free to focus on their core competencies. Ultimately, this will help Daihatsu and Toyota to attain their joint goal of achieving sustainable growth. Additionally, the aim of the share exchange is to enhance the value of both brands.

Daihatsu bringing retro Copen roadster, van-boat to Tokyo Auto Salon

Though its products are almost universally small (aside from its rebadged Toyota offerings), Daihatsu seems as though it'll have a fairly large presence at the 2023 Tokyo Auto Salon. It's highlighting eight main models with a few of them sporting some pretty extensive and cool modifications. The more interesting models are likely just concepts, but occasionally some of these customs result in production variants, such as a wild retro Honda S660 concept from a couple years ago. Copen Clubsport Daihatsu's sportiest offering of late is the Copen roadster. And it's celebrating its 20th anniversary this year. The kei-class roadster (shown at top) with its turbocharged 660cc engine has received drastic styling changes that put it more inline with the original. Those changes include round, retro headlights front and rear, and a much cuter round front grille. The cuter appearance is bolstered by racier appointments such as a roll bar, side skirts, rear diffuser and red-tipped exhaust outlets. As with the current Copen and the original, it still appears to have a retractable hardtop. Performance details haven't been announced, but we wouldn't be surprised if some suspension changes have been made at the least, if not any power improvements. This is also the car that had us thinking of the aforementioned Honda S660 retro model that reached production. We'd love to see it happen, as I'm sure would enthusiasts in Japan. Daihatsu Hijet Jumbo Extend View 4 Photos Hijet Jumbo Extend Designed as a hypothetical support truck for parts and more is the Hijet Jumbo Extend. It's based on the Hijet Jumbo, the extended-cab version of the Hijet kei truck. It's been fitted with a custom van box that can be extended for housing more stuff and maybe even people. The render also indicates that it will have an easily accessible fire extinguisher in a custom mount on the outside. Matching paint and a set of Volk TE37 wheels help it have the same racing-inspired look as the Copen Clubsport. Daihatsu Atrai Wildranger View 2 Photos Atrai Wildranger The third of the highly customized Daihatsu Atrai Wildranger. The company added chunky all-terrain tires and bedliner along the bottom half of its Atrai kei van. It also has suitably outdoorsy green paint. But the big attraction is what's on the roof. While looking like the van's roof, what's actually up there is a pop-off boat. That's why there are oars on either side. So this will get you both to the river, and down it.

Daihatsu's Tokyo Auto Salon cars are absolutely adorable

There are some pretty weird and wonderful cars coming to the Tokyo Auto Salon in January, from Honda's vintage-style S660 coupe to the off-road Mitsubishi Delica D:5. But as cool as they are, none can approach Daihatsu for sheer cuteness. The company is showing off special versions of its tiny Kei class cars at the custom car show. We've got photos of most of them, but we're going to highlight the best of the bunch, below. We'll start with the Daihatsu Copen coupe (the little green guy up there). The Copen is the Japanese car company's micro-sized roadster, similar in scale to the Honda S660, except it's front-wheel drive. It also has a trick retractable hard top. The Copen coupe loses the retractable top in favor of a rakish permanent hard top. It's based on a concept from 2016 that clearly was popular enough to merit a production model. The styling also comes from the Copen Cero, which has friendly round lights and soft corners, a significant contrast to the edgy, aggressive Copen Robe and XPlay. The coupe model starts a little over $20,000 at current conversion rates and is available with either a CVT or a five-speed manual coupled to a turbocharged 660-cc three-cylinder engine. Daihatsu is also showing more practical cars including some custom versions of the Mira Tocot. The two that grabbed our attention are the Tocot Sporza and the Tocot Active. The former is an angry red hot hatch with a unique red and black paint scheme. Along the side are giant letters spelling out the Tocot Sporza name. This look has a lot of history at Daihatsu, having been featured on the Mira TR-XX, as well as the Charade De Tomaso. And, yes, we mean that De Tomaso. The Tocot Active, on the other hand, has a simple, retro aesthetic with its cheerful blue paint, plain black door handles, and ultra classy cream steel wheels. Then we have a special edition of what we've previous proclaimed to be the most adorable car in the world: the Move Canbus. It looks like it's just happy to be alive, and looks all the better with the blue and white two-tone paint job that would be right at home on a VW Bus. But the German van isn't where the color scheme comes from. Instead, it's inspired by Hatsune Miku, a virtual character from a Japanese singing synthesizer that is enormously popular in Japan. The blue and white mirror her hair and outfits, and small pops of fuchsia match her hair bows. We also have to quickly note the Daihatsu Hijet Marche.