Toyota wants 'annexed' Daihatsu until they run out!

Toyota has recently been revealed that it was considering to take full control on the Daihatsu with the potential deal valued at USD 3.1 billion or equivalent to IDR 43 trillion.
Toyota and Daihatsu. © 2016 Merdeka
Currently, Toyota holds a controlling stake of 51.2 percent over the Daihatsu. By 2015, they experienced a decline in the number of sales with 13.3 percent. Even so, it was reported that the Japanese giant tersbeut interested to buy the remaining shares to increase production demands. Especially in the Indian market and other countries.

"We continue to consider a number of possibilities associated with Daihatsu, such as a partnership or business restructuring. Including making subsidiary," said Toyota spokesman was quoted as saying Carscoops (28/1).

According to Christopher Richter, senior analysis at CLSA said, "I can easily see that Daihatsu will suffer the same fate with the Datsun used as a cheap brand by Nissan." [Ega]
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