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View Full Version : Toyota-Subaru RWD coupe for <20k?

jcatral14
07-29-2008, 06:33 PM
http://www.nextautos.com/news/2008/06/04/spied-first-ever-look-at-toyota-subaru-rwd-coupe

:D

Could be a fun car. And cheap. Sorry if it's a repost.

On another note, I didn't even know that Toyota owned Subaru.
bimmerboyz
07-29-2008, 06:51 PM
Why was I thinking GM owned Subaru? Did they used to?
jcatral14
07-29-2008, 07:08 PM
Why was I thinking GM owned Subaru? Did they used to?

Perhaps you were thinking of Saab? :dunno:
Also Saab sold the 9-2x which was a Subaru underneath.
big-tex
07-29-2008, 10:04 PM
http://www.bimmerfest.com/forums/showthread.php?t=288310&highlight=subaru+rwd
jcatral14
07-30-2008, 05:35 AM
http://www.bimmerfest.com/forums/showthread.php?t=288310&highlight=subaru+rwd

Ooops...
big-tex
07-30-2008, 06:36 AM
Ooops...

Lol, After reeding it I'm confused. Does toyota own subaru completely? or is it just a joint venture?
1985mb
07-30-2008, 07:26 AM
Why was I thinking GM owned Subaru? Did they used to?

They used to own something like a 20% minority stake.

AFAIK they are still owned by Fuji Heavy Industries; doubt one JV with Toyota has changed that.
TLudwig
07-30-2008, 09:19 AM
Why was I thinking GM owned Subaru? Did they used to?

GM did own a percentage (~ 20% IIRC) of Fuji Heavy Industries, which owns and manufactures Subaru. GM sold their share of FHI to Toyota in 2005, and Toyota recently increased their holdings (due to stock restructuring, Toyota currently owns approximately 17%). Joint ventures like this one are generally the result of some sort of ownership interest.
big-tex
07-30-2008, 09:32 AM
GM did own a percentage (~ 20% IIRC) of Fuji Heavy Industries, which owns and manufactures Subaru. GM sold their share of FHI to Toyota in 2005, and Toyota recently increased their holdings (due to stock restructuring, Toyota currently owns approximately 17%). Joint ventures like this one are generally the result of some sort of ownership interest.

Thanks for clearing that up.:thumbup: