Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 8 April 2024, 12:37 HKT/SGT
Share:
    

Source: Toyota Motor Corporation
Daihatsu and Toyota to Reform Structures towards the Revitalization of Daihatsu

Toyota City, Japan, Apr 8, 2024 - (JCN Newswire) - Toyota Motor Corporation (Toyota) and Daihatsu Motor Co., Ltd. (Daihatsu) have announced their decision to reform the overseas business structure of both companies while aiming to make Daihatsu a "mobility company centered on mini vehicles" going forward. An implementation structure will be established to thoroughly prevent the recurrence of procedural irregularities at Daihatsu, in line with Daihatsu's resources and actual conditions, aiming to make ever-better cars and realize a mobility society by leveraging Daihatsu's strengths. Specifically, the Emerging-market Compact Car Company, which spanned the organizations of both Toyota and Daihatsu until now, will be dissolved. Toyota will take responsibility for overseas businesses from development to certification, and Daihatsu will be commissioned to handle the actual development. This change will be made sequentially, following model changeover schedules.

Overview of the changes

- Shifting the product planning function from the Emerging-market Compact Car Company spanning Toyota and Daihatsu to the Toyota Compact Car Company. As Toyota Compact Car Company will be the contractor of Daihatsu, Toyota will be responsible for the entire process from development to certification.
- Transferring the business and product management function to the Business & Sales Unit of Toyota
- Other areas related to subcontracting, including resource management and optimization, will also be reported to Toyota to strengthen the partnership.

Toyota Daihatsu Engineering & Manufacturing Co., Ltd. (TDEM) and Toyota Motor Asia Pacific Pte Ltd. (TMAP) will become the Asia Regional Headquarters, belonging to the Asia Region of Toyota, and be renamed "Toyota Motor Asia (TMA)." Based on the upcoming structural change, we aim to make the two companies in the Asia region more self-reliant and increase their collaboration.

*Scheduled for June 2024.




Topic: Press release summary
Source: Toyota Motor Corporation

Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Toyota Motor Corporation Links

http://www.toyota-global.com

https://plus.google.com/+toyotaglobal

https://www.facebook.com/ToyotaMotorCorporation/

https://twitter.com/TOYOTA_PR/

https://www.youtube.com/user/toyotajpchannel/

https://linkedin.com/company/toyota

Toyota Motor Corporation
May 28, 2024 11:45 HKT/SGT
Subaru, Toyota, and Mazda Commit to New Engine Development for the Electrification Era, Toward Carbon Neutrality
May 27, 2024 12:35 HKT/SGT
Idemitsu Kosan, ENEOS, Toyota, and MHI Commence Study toward Introduction and Spread of Carbon-Neutral Fuels for Automobiles
May 24, 2024 15:19 HKT/SGT
Toyota: Evolved Liquid Hydrogen-Powered GR Corolla to Participate in Super Taikyu Fuji 24 Hours Race
May 13, 2024 13:36 HKT/SGT
Ogier and TOYOTA GAZOO Racing triumph again
May 13, 2024 12:56 HKT/SGT
Spa points haul for TOYOTA GAZOO Racing
May 2, 2024 17:05 HKT/SGT
Four-strong TOYOTA GAZOO Racing squad to push for more Portugal success
May 2, 2024 16:46 HKT/SGT
Spectacular Spa awaits TOYOTA GAZOO Racing
Apr 29, 2024 17:49 HKT/SGT
SPARX Group Establishes Space Frontiers Second Fund
Apr 25, 2024 15:25 HKT/SGT
Toyota Exhibiting at Beijing Motor Show 2024
Apr 22, 2024 09:47 HKT/SGT
TOYOTA GAZOO Racing takes a one-two in Croatian thriller
More news >>
 News Alerts
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: