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Subscribe to this threadGM sells Subaru stake to Toyota
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BF @ Dec 18th 2005 10:49PM
What did GM get from Suburu that really helped the North American operations? For that matter, what did they get that really helped out Holden in Australia which is why they took the 20% stake in the first place.
I think this is a good move, it provides a quick infusion of cash that can be used on R&D for new products, allows GM to keep focus on core brands and also shifts the Asian pfroduct soiurcing to lower cost markets such as Daewoo in Korea and even China.
As for the crossovers, the Lambda platform is near the end of development, with the new AWD Satrun Outlook headed to dealer by the end of next summer, with a Buick and GMC to follow.
Not to mention a 2008 AWD crossover built on the Epsilon II/Cobalt platform for Chevy.