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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 reveals Miata-fighting roadster and more for Tokyo Mobility Show

Daihatsu left the U.S. market way back in 1992, but the brand is still going strong in Japan. The company is wholly owned by Toyota now and specializes in building kei cars and trucks, a special class of lightweight compact city cars. These days most kei vehicles are sensible rectangles to maximize passenger or cargo space inside the strict footprint allowed allowed by the class, but Daihatsu proves some fun can still be had.  And few of the concepts say that more than the Daihatsu Vision Copen (pictured at top). Design-wise it's a modern interpretation of the original Copen roadster introduced in 2002, with almost identical overall shape and round head and taillights. However, the original was more of an open top cruiser with practical front-wheel-drive layout. The Vision Copen, on the other hand, is rear-wheel-drive, showing muscular flared wheel arches that the original never did. It's powered by a 1.3-liter engine running on carbon-neutral fuel (whatever that means), a displacement that exceeds kei car regulations. So does the Vision Copen's footprint, which measures 150 inches long and 67 inches wide, almost the size of the Mazda Miata. It would be amazing if Daihatsu actually produced this car, even though it wouldn't be legal to import until 2049 or so, because the world definitely needs more rear-drive sports cars.  Then comes the me:MO, described as a car that will stay with the owner through many stages of life. It looks to be comprised of modular body panels. It's a trick Daihatsu has actually put on a production car, the Copen roadster, with composite fenders and doors that can be swapped with those of different shape or color. The me:MO appears to be an electric vehicle that has modular components on the inside as well, but the company has not released full details just yet.  The Daihatsu Uniform is the distilled essence of the kei car. Boxy and utilitarian but still exuding a bit of funkiness in the design, it was built to accommodate the working men and women of Japan. Vehicles like this usually serve as cargo haulers in dense urban areas where they can fit down extremely narrow alleys. The name derives from the fact that these workers are required to wear uniforms as they deliver everything from Amazon packages to food. The Uniform comes in two flavors, a cargo van and a truck.  The Daihatsu Osanpo is an open-top kei car built for leisurely cruising.

Daihatsu's four Tokyo Motor Show concepts bring the Waku Waku

When Suzuki showed off two of its concept reveals for the Tokyo Motor Show, one was a kei car called the Waku Spo. As far as we can tell with Internet translators, that renders the words "box" and "ish," which we'll resolve into the entirely apt descriptive "boxy." Turns out when you double up on the waku, however, you get excitement, which could be how Daihatsu came to name one of its four Tokyo concepts the Waku Waku. The cerulean blue box with the searing orange highlights looks like the result of a kei car mixed with an overlander. Black cladding hunkers over tiny wheels shod in aggressive rubber. The rear windows are replaced by full-length interior panels with a jerry can motif above and attachment points below. The back half of the roof opens onto an additional storage area, and the bumper triples as a step and a platform. What's not to like? Sticking with the two-up names throughout, next comes the Ico Ico, an autonomous shuttle with its own robot assistant named Nippote. At just 58 inches wide, the four seater's designed to navigate especially cramped urban centers. Slide doors, a retractable ramp, and modular seating that can be moved around the cabin make easier access for the disabled. The Tsumu Tsumu is a kei-class goods carrier with a removable cargo box. The renderings show an industrial-strength drone that sits behind glass panels when not in use, and launches from the roof when operational. The artwork shows the foodservice box, the Tsumu Tsumu turned into a tiny food truck. The Wai Wai minivan makes room for two more passengers than the Ico Ico, swallowing six people in three rows of two. Front doors open to nearly 90 degrees, and rear sliding doors run to the back of the second row for better ingress and egress. Twin fabric sunroofs keep prevent a gloomy interior, and all of the seats fold down for when cargo instead of people needs hauling. We don't know what powers the concepts and what other neato tricks they might hide, but we looking forward to finding out when the Tokyo Motor Show opens later this month. Featured Gallery Daihatsu 2019 Tokyo Motor Show Concepts View 26 Photos Tokyo Motor Show Daihatsu Truck Crossover Minivan/Van Commercial Vehicles Concept Cars Off-Road Vehicles