Daihatsu Engines
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Daihatsu Engines
is a Japanese automobile manufacturer headquartered in Ikeda, Osaka Prefecture, Japan. One of the oldest surviving Japanese internal combustion engine manufacturers, the company was known for building three-wheeled vehicles and off-road vehicles, while currently the company offers a range of kei car models, along with kei trucks, kei vans and other larger small cars in Japan. Because of the company's focus on kei cars, 70 percent of Daihatsu drivers in Japan are female. The company produces entry-level compact cars in Japan and Southeast Asia, which are often supplied to global emerging markets under the Toyota brand. , Daihatsu's presence has been limited to Japan and Indonesia under the Daihatsu brand, and Malaysia under the Perodua brand, where the company has significant research and development resources, manufacturing facilities and sales operations. Since August 2016, the company has been a wholly-owned subsidiary of the Toyota Motor Corporation. , Daihatsu accounts for ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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