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Toyota to double stake in Subaru parent, Fuji Heavy
Emerging reports indicate that Toyota is preparing to nearly double its stake in Subaru's parent company, Fuji Heavy Industries. Toyota initially bought into Fuji when that other automotive giant, General Motors, sold its 8.7% stake to its Japanese rival. The new share-grab, the door to which was opened by revised Japanese laws, would bring Toyota's partial ownership of Fuji up to 17%, just short of double its current stake. Since Toyota's buy-in of Fuji, cooperation between the two companies has only increased, ranging from new product ... Read more →
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Toyota to double stake in Subaru parent, Fuji Heavy 1 year ago on Autoblog
Emerging reports indicate that Toyota is preparing to nearly double its stake in Subaru's parent company, Fuji Heavy Industries. Toyota initially bought into Fuji when that other automotive giant, General Motors, sold its 8.7% stake to its Japanese rival. The new share-grab, the door to which was ...
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