The Daihatsu Australia Pty. Ltd franchise throughout Australia has been formally taken over by Toyota Motor Corp. Australia Ltd, Toyota said Wednesday (5/7/00).

The move, coming after the announcement of the takeover back in February of this year, allows Toyota to strengthen the Daihatsu brand. Daihatsu will become a separate division of Toyota, and will continue to work with its current dealer and distribution network although not all Daihatsu dealers have agreed to join Toyota.

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Daihatsu’s existing facilities in Riverwood will continue with its parts supplies operation before being relocated within two or three months to Toyota’s main warehouse in Woolooware Bay, Sydney.

According to a Toyota spokesman, some staff may be laid off, but there are no immediate plans to do this.

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