Beautiful Daihatsu Truck:
Daihatsu Motor Co., Ltd. ( Daihatsu Kgy Kabushiki-gaisha) is one of the oldest permanent Japanese internal combustion engine manufacturers, well ahead known for its range of smaller kei models and off-road vehicles. The headquarters are located in Ikeda, Osaka Prefecture. The company is a wholly owned additional of the Toyota Motor Corporation before August 2016.
The proclaim “Daihatsu” is a assimilation of the first kanji for saka () and the first of the word “engine manufacture” (hatsudki seiz). In the further fascination the reading of the “” is misused from “” to “dai”, giving “dai hatsu”.
Daihatsu was formed in 1951 as a successor to Hatsudoki Seizo Co. Ltd, founded in 1907, as allocation of Hatsudoki’s major restructure. Hatsudoki’s formation was largely influenced by the Engineering Department’s capability of Osaka University, to develop a gasoline-powered engine for small, stationary capacity plants. From the coming on of the company until 1930, with a prototype three-wheeler truck was considered and proposed, Hatsudoki’s focus was largely steam engines for Japanese National Railways and included rail carriages for passenger transportation. The company subsequently focused upon railroad diesel engines, dynamic later than Niigata Engineering, and Shinko Engineering Co., Ltd. back the company began to build automobiles, their primary Japanese competitor was Yanmar for diesel engines that weren’t installed in a billboard truck to come up with the money for motivation.
During the 1960s, Daihatsu began exporting its range to Europe, where it did not have major sales deed until skillfully into the 1980s. In Japan, many of Daihatsu’s models are afterward known as kei jidsha (or kei cars).
Daihatsu was an independent auto maker until Toyota became a major shareholder in 1967 as the Japanese dispensation designed to open stirring the domestic market. According to Toyota, it was first approached by Sanwa Bank, banker of Daihatsu. In 1995, Toyota increased its shareholding in the Company from 16.8 percent to 33.4 percent by acquiring shares from extra shareholders: banks and insurance companies. At the time, the Company was producing mini-vehicles and some little cars under union for Toyota. Toyota, by owning more than a one-third stake, would be skillful to veto shareholder resolutions at the annual meeting. In 1998, Toyota mass its holding in the Company to 51.2 percent by purchasing shares from its major shareholders including financial institutions.
In January 2011, Daihatsu announced that it would pull out of Europe by 2013, citing the persistently mighty yen, which makes it hard for the company to make a profit from its export business. next the financial crisis Daihatsu’s sales in Europe plummeted, from 58,000 in 2007 to 12,000 in 2011. In August 2016, Daihatsu became a wholly owned subsidiary of Toyota Motor Corporation. read the full article on the wikipedia.
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