CarWale
    AD

    Toyota and Daihatsu plan a new company to focus on compact vehicles

    Authors Image

    Santosh Nair

    15,328 Views
    Toyota and Daihatsu plan a new company to focus on compact vehicles

    Toyota and its fully owned subsidiary Daihatsu, plan to create an internal company in Januay 2017. It will be responsible for building compact vehicles for emerging markets. 

    While Daihatsu will be responsible for unified development, procurement and production preparation of compact vehicles for emerging markets based on "DNGA" (a Daihatsu vehicle architecture), Toyota will support their efforts by providing knowledge and resources. Toyota and Daihatsu will jointly formulate and share product and business plans, and also put their existing production bases to mutually effective use.

    Explaining one of the benefits of this initiative  Toyota Executive Vice President Shigeki Terashi said, "With the establishment of the internal company, Toyota intends to learn the very fundamentals of Daihatsu's competitiveness and change the way we work." 

    Daihatsu President Masanori Mitsui commented, "We will further advance our knowhow cultivated in the manufacturing of mini vehicles and be a Toyota Group driving force, not only for mini vehicles, but also for compact vehicles for emerging markets. For Daihatsu, this initiative represents an important opportunity for enormous and sustainable growth. Separately, both companies confirmed today that Daihatsu will continue to take the lead in the development of the Daihatsu brand."

    So, do you think our market will eventually get to see these machines? Well, we’ll just have to wait it out for an official statement from Toyota. Stay tuned to CarWale! 

     

     

     

    Related News

    Popular News

    Recent News

    Toyota Yaris Gallery

    Featured Cars

    • SEDANS
    • JUST LAUNCHED
    • Upcoming
    BMW M5
    BMW M5
    Rs. 1.99 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    21st NOV
    Hyundai Verna
    Hyundai Verna
    Rs. 11.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Skoda Slavia
    Skoda Slavia
    Rs. 10.49 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Volkswagen Virtus
    Volkswagen Virtus
    Rs. 11.56 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Honda City
    Honda City
    Rs. 11.86 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW 7 Series
    BMW 7 Series
    Rs. 1.82 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW M340i
    BMW M340i
    Rs. 74.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mercedes-Benz A-Class Limousine
    Mercedes-Benz A-Class Limousine
    Rs. 46.05 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW M5
    BMW M5
    Rs. 1.99 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    21st NOV
    Mercedes-Benz AMG C 63 S E Performance
    Mercedes-Benz AMG C 63 S E Performance
    Rs. 1.95 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    12th NOV
    Maruti Suzuki Dzire
    Maruti Dzire
    Rs. 6.79 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    11th NOV
    Skoda Kylaq
    Skoda Kylaq
    Rs. 7.89 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    6th NOV
    Mercedes-Benz AMG G-Class
    Mercedes-Benz AMG G-Class
    Rs. 3.60 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mercedes-Benz E-Class
    Mercedes-Benz E-Class
    Rs. 78.50 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Volvo EX40
    Volvo EX40
    Rs. 56.10 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BYD eMax 7
    BYD eMax 7
    Rs. 26.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Audi Q7 facelift
    LAUNCHING SOON
    Nov 2024
    Audi Q7 facelift

    Rs. 89.00 - 98.00 LakhEstimated Price

    28th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra XEV 9e
    Mahindra XEV 9e

    Rs. 50.00 - 52.00 LakhEstimated Price

    26th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra BE 6e
    Mahindra BE 6e

    Rs. 17.00 - 21.00 LakhEstimated Price

    26th Nov 2024Unveil Date

    Get Launch Alert on WhatsApp

    Honda Amaze 2024
    LAUNCHING SOON
    Dec 2024
    Honda Amaze 2024

    Rs. 7.50 - 10.00 LakhEstimated Price

    4th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    Toyota Camry 2024
    Toyota Camry 2024

    Rs. 45.00 - 55.00 LakhEstimated Price

    11th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    BMW New X3
    BMW New X3

    Rs. 65.00 - 70.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Hyundai Creta EV
    Hyundai Creta EV

    Rs. 22.00 - 26.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Tata Punch facelift
    Tata Punch facelift

    Rs. 6.00 - 11.00 LakhEstimated Price

    Feb 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    AD
    • toyota-cars
    • other brands
    Toyota Urban Cruiser Hyryder
    Toyota Urban Cruiser Hyryder
    Rs. 11.14 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Toyota Innova Crysta
    Toyota Innova Crysta
    Rs. 19.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Toyota Urban Cruiser Taisor
    Toyota Urban Cruiser Taisor
    Rs. 7.74 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city

    Toyota Yaris Price in India

    CityOn-Road Prices
    MumbaiRs. 10.25 Lakh
    BangaloreRs. 10.62 Lakh
    DelhiRs. 9.89 Lakh
    PuneRs. 10.23 Lakh
    HyderabadRs. 10.42 Lakh
    AhmedabadRs. 9.74 Lakh
    ChennaiRs. 10.16 Lakh
    KolkataRs. 10.02 Lakh
    ChandigarhRs. 10.17 Lakh

    Popular Videos

    Mail Image
    Sign up for our Newsletter
    Get all the latest updates from CarWale
    • Home
    • News
    • Toyota and Daihatsu plan a new company to focus on compact vehicles