Former type | Private |
---|---|
Industry | Manufacturing, automotive industry |
Fate | Political disfavor[1] |
Successor | Toyota Motor Philippines (TMP) |
Defunct | 1984 |
Headquarters | Manila, Philippines |
Area served | Philippines |
Key people | Ricardo Silverio |
Products | Automobiles, engines |
Delta Motors Corporation is a now defunct automobile company from the Philippines, formed by Ricardo Silverio. It operated under a technical tie-up with Toyota Motor Corporation of Japan,[2] but also produced its own range of small off-roaders called the "Delta Mini Cruiser".
In addition to assembling Toyota's for the local market, Delta also used their own name to market the "Mini Cruiser", a little off-roader appearing a lot like a scaled-down 40-series Toyota Land Cruiser and using Toyota engines and other technology. It was developed in the mid-seventies especially for the Philippine Army as the M-1777, but was also sold commercially. The Mini Cruiser (sometimes called the Explorer) was even exported, to Colombia, Papua New Guinea, the Middle East and to Italy.[3] In Italy it was sold by Gandin Auto from 1980.[4] About 500 units were sold in Italy until supplies dried up in 1986, following Delta's untimely bankruptcy in 1984.[5] An interesting development was one of the first "Asian Utility Vehicles" (AUV), the Toyota Tamaraw. This little utilitarian car was based on the Indonesian Kijang, and the "Tamaraw" name continues to be used in the Philippine market today, also becoming a colloquial term for any AUV.
Delta also built Toyota's 12R engine, the tools and die-sets for which were acquired through the Philippine National Bank (PNB) as part of Japan's war reparations to the Philippines.
The politically powerful Silverio fell out of favor with Philippine dictator Ferdinand Marcos during the Philippine economic downturn in the early eighties, and in 1984 the company was declared bankrupt.[1] The company was dissolved in 1988, with 35% going to Toyota and Mitsui and the remaining 65% going to the Philippine National Bank.[2] Philippine market Toyotas are now assembled and sold there by a wholly owned subsidiary called Toyota Motor Philippines (TMP).