Toyota and Daihatsu to Establish
'Emerging-market Compact Car Company' on January 1

Toyota Motor Corporation (Toyota) and its fully owned subsidiary Daihatsu Motor Co., Ltd. (Daihatsu) intend to officially establish their internal company responsible for compact vehicles for emerging markets (announced on October 4, 2016) on January 1, 2017. The new internal company is to be called the "Emerging-market Compact Car Company".