Toyota to make minivehicle maker Daihatsu a wholly owned unit

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Old 31 Jan 2016, 06:22 am   #1 (permalink)
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Default Toyota to make minivehicle maker Daihatsu a wholly owned unit

A Toyota logo is pictured on a Prius car at a Toyota dealership in west London in this February 9, 2010 file photo. The world's largest automaker currently owns 51.2 percent of Daihatsu, which had the weakest sales performance in the Toyota group last year, lagging behind the Toyota and Lexus brands and truck maker Hino Motors Ltd ( Toyota will acquire the remaining Daihatsu shares by swapping 0.26 of its own shares for each Daihatsu share, the companies said on Friday.

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