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Toyota Looks To Buy Remaining Daihatsu Share, Denies Suzuki Alliance

In a move that could help it lower development costs and open up distribution networks in developing markets, Toyota has confirmed that it is considering buying the remaining stake of Daihatsu and making it a wholly-owned subsidiary. Already Toyota hol


In a move that could help it lower development costs and open up distribution networks in developing markets, Toyota has confirmed that it is considering buying the remaining stake of Daihatsu and making it a wholly-owned subsidiary.

Already Toyota holds a 51.2 percent share of Daihatsu, and uses the company’s expertise in kei cars (Japan’s unique 600cc city car class) to develop its own kei competitors.

At the same time, reports have linked Suzuki with Toyota. Like Daihatsu, Suzuki’s expertise extends to micro cars, and thanks to India’s Maruti Suzuki division, unlocks the potential to access India’s growing new car market.

Suzuki

Kez Casey

Kez Casey migrated from behind spare parts counters to writing about cars over ten years ago. Raised by a family of automotive workers, Kez grew up in workshops and panel shops before making the switch to reviews and road tests for The Motor Report, Drive and CarAdvice.

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