Daihatsu Motor Co Ltd and Toyota Motor Corp released a new compact minivan Nov 9, 2016.
Daihatsu sells the minivan as "Thor" while Toyota sells it as "Roomy" and "Tank." It is the second compact car that Daihatsu has planned, designed, developed and manufactured, following the fully-remodeled "Boon/Passo," which the two companies released in April 2016.
The price of the new minivan starts from ¥1,463,400 (approx US$13,879, including consumption tax), which is equivalent to the price of light wagons. Toyota and Daihatsu aim to sell 7,500 and 1,000 units of the car, respectively, per month. Daihatsu manufactures the minivan at the company's Ikeda Plant (Ikeda City, Osaka Prefecture) and supplies it to Toyota as an original equipment manufacturer (OEM).
As an OEM, Daihatsu also supplies the minivan to Fuji Heavy Industries (FHI) Ltd, which will release it Nov 21, 2016, as "Justy." FHI aims to sell 500 units of the car per month.
The new minivan is targeted mainly at "child-rearing people" who are in their twenties and thirties.
"Cars desired by child-rearing users change as their children grow," Daihatsu President Masanori Mitsui said at an event that the company had to announce the new minivan Nov 9, 2016. "We will meet such needs by making compact cars based on technologies developed for light cars."