Toyota President Akio Toyoda
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Jan. 29, 2016
Toyota and Daihatsu to Strengthen Small Car Operations through Unified Global Strategy

Toyota Motor Corporation (Toyota) and its subsidiary Daihatsu Motor Co., Ltd. (Daihatsu) have reached an agreement whereby Daihatsu will become a wholly-owned subsidiary of Toyota by way of a share exchange (expected to be completed in August 2016).