GM sell Subaru to Toyota

Discussion in 'General Motoring' started by S.C., Oct 5, 2005.

  1. S.C.

    S.C. Guest

    GM has sold 20,09% of Fuji Heavy, 8,7% bought from Toyota the rest from
    Fuji Heavvy itself
    --

    "Steu" (43-156-Italy)
    Per rispondermi in privato sostituire inwind con yahoo
    Subaru Legacy GX 2500 a benzina
    Iscriviti alla mailing list Subaru Legacy cliccando qui sotto
    http://it.groups.yahoo.com/group/subaru_legacy/join
     
    S.C., Oct 5, 2005
    #1
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  2. S.C.

    bigjim Guest

    Good. Toyota and subaru will benefit unless subaru gets toyota styling.
    Gm affiliations just means cars get crappy GM components- case in point
    my 94 Isuzu Trooper had all Jap parts except tranny. Guess what went At
    110k mikes the GM4L30 trans.
     
    bigjim, Oct 5, 2005
    #2
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  3. S.C.

    lkreh Guest

    I don't know that this is a good thing. When it came to Subaru, GM
    left well enough alone (exception: Onstar). It seems to me that Toyota
    will be more likely to tinker with the brand in order to "Toyotafy" it.
     
    lkreh, Oct 5, 2005
    #3
  4. S.C.

    phillystyle Guest

    I agree. I hope Toyota takes a pretty hands-off apporach. I wonder what
    this means for all the Subaru-GM joint projects and shared technology. Is
    this the end of the Saabarus? Is this the sign that we can stick a fork in
    Saab, cause they're done?
     
    phillystyle, Oct 5, 2005
    #4
  5. S.C.

    phillystyle Guest

    phillystyle, Oct 5, 2005
    #5
  6. S.C.

    B a r r y Guest

    B a r r y, Oct 5, 2005
    #6
  7. I just hope that Subaru gets Toyota RELIABILITY!!!!!!
    It would be nice to go a coupla hundred thousand miles with very few
    problems.
     
    the one and only, Oct 6, 2005
    #7
  8. S.C.

    S.C. Guest

    Financial and real life job ar different some time,
    GM has left Fiat but this year has started to sell models with Ople GM
    chassis and GM brands Opel and Suzuki now sell card powerd by Fiat
    diesel engine.
    Smallest car sold here with brand Subaru are GM Suzuki cars branded Subaru


    --

    "Steu" (43-156-Italy)
    Per rispondermi in privato sostituire inwind con yahoo
    Subaru Legacy GX 2500 a benzina
    Iscriviti alla mailing list Subaru Legacy cliccando qui sotto
    http://it.groups.yahoo.com/group/subaru_legacy/join
     
    S.C., Oct 6, 2005
    #8
  9. S.C.

    Wayne Farmer Guest

    Wayne Farmer, Oct 6, 2005
    #9
  10. i think toyotafying a subaru will be great! i love my toyota, it's
    just screwed together much better than my subaru. i got lucky with my
    subaru being a '99, which is pre GM. i was worried about replacement
    time, i didn't want to get a GM subaru, so i started thinking about
    other brands. but now i'll give toyota a couple of years to get the GM
    parts out of the bins and i'll seriously consider a new subaru.
     
    Mike Deskevich, Oct 6, 2005
    #10
  11. S.C.

    B a r r y Guest

    My thoughts exactly. Toyota QC is _o_u_t_s_t_a_n_d_i_n_g_.

    On another note, Subaru may now get access to the best hybrid system out
    there. Maybe Subaru can also get some Toyota clutches.

    A high-output, turbo H4 would be really cool in an MR2 type vehicle, as
    well!


    The downside is that both brands seem to design exterior bodywork on
    matchbook covers. I love Toyota trucks, but I accept the fact that they
    aren't the prettiest vehicles around.
     
    B a r r y, Oct 6, 2005
    #11
  12. yeah, that'd be great! the clutch in my '89 4runner lasted 212,000
    miles, the one in my '99 legacy, only 50,000.
    a high-output engine would be nice, but i don't think the problem is
    that toyota doesn't know how to make high-output engines, i just think
    they choose to optimize for longevitiy by detuning the engines a bit.
    in fact, i think the MR2 of the 80's had the same 22RE as my 4runner,
    but the 4runner engine (now with 250,000 trouble free miles) was
    detuned to only about 100-110 HP where as the MR2 engine was a bit more
    powerful.

    you're right, toyota's (or even subaru's) new styling isn't that great
    (although, i really like the lexus IS for some reason), but i really
    can't think of any company right now that's doing a good job on
    styling. BMW was doing well for a while and they've completly ruined
    everything. mercedes is still pretty good, but nothing great. i was
    happy with vw/audi until this latest generation (although the new
    passat they have in europe is pretty cool looking).

    mike
     
    Mike Deskevich, Oct 6, 2005
    #12
  13. S.C.

    B a r r y Guest

    I'm with ya', but I'm thinking more of the "sportiness". Subie's H4's
    LOVE R's, staying smooth as silk past the redlines of I4's and V6's

    My manual shift '01 Outback, which was a jacked up station wagon (not
    all that on-road sporty), just taunted you to take it into 5,000 RPM
    range. <G>

    I'm not so sure I want to think about a 22R @ 5,500 RPM on a regular basis.
     
    B a r r y, Oct 6, 2005
    #13
  14. S.C.

    TomH Guest

    Thanks for the link.

    Of note:

    -->GM will make around $725 million from the sale of its entire share of Fuji,
    -->GM bought its stake in Fuji five years ago for about $1.3 billion.

    OUCH!


    -->Merkle said GM failed to leverage its partnership with Subaru.
    -->GM had plans to use Subaru's all-wheel-drive technology but
    -->never did, Merkle said. GM also should have taken advantage of
    -->Subaru's expertise in the growing crossover segment, he said.

    ~$575 million for the x-sale of Saabarus and Onstar, plus
    lost opportunities. OUCH^2
     
    TomH, Oct 7, 2005
    #14
  15. S.C.

    Mike Lloyd Guest

    but that wasn't the whole sale. See, they sold only a portion of their
    haldings of Fuji to Toyota, the rest they will sell on the open market or
    back to Fuji. In the end they'll lose moolah, but not as bad as it would
    apear based on these initial numbers.
     
    Mike Lloyd, Oct 8, 2005
    #15
  16. S.C.

    aniramca Guest

    So, with this new acquisition, is Subaru now 100% owned by Toyota?
    I saw a Subaru Tribeca today. It seems like a nice car... a modern and
    nice interior. The exterior seems a little odd, tough.

    Will GM plan to sell Saab too?

    Perhaps if Toyota, Subaru and other Japanese automaker stop using their
    design teams in California, they can produce much nicer looking cars.
    Otherwise, they will be making those yucky styles like HHR, Pontiac
    Aztek, shoe style PT Cruiser, flat face 300M, Honda element, etc.
     
    aniramca, Oct 9, 2005
    #16
  17. S.C.

    Steve Mackie Guest

    So, with this new acquisition, is Subaru now 100% owned by Toyota?
    You should do some reading. GM sold only 40% of it's shares in Fuji to
    Toyota, equal to 8.7% ownership. With that, Toyota will become Fuji's
    largest shareholder. However, GM is selling the other 60% (89M) of it's
    shares on the open market, and Fuji says it's going to buy back 90M shares
    from the open market. So in essence, Fuji will be it's own majority share
    holder.

    Steve
     
    Steve Mackie, Oct 9, 2005
    #17
  18. S.C.

    Mark A Guest

    Treasury Stock (stock owned by the company who issued it) are not considered
    to be shares outstanding and have no voting rights.
     
    Mark A, Oct 9, 2005
    #18
  19. S.C.

    Edward Hayes Guest

    GM is expected to sell off other holdings too. Their best move would
    be to sell off the CEO,CFO, chairman of the board and all board voting
    members who belong to GM. i.e. start with some new blood that have a
    vision to make good vehicles instead of a big paycheck next year. JMHO
     
    Edward Hayes, Oct 10, 2005
    #19
  20. Hi,

    Original reports when GM bought into FHI a coupla years back was they
    were buying a 20% interest. Don't recall any subsequent purchases. So
    the most Toyota could own would be 20%, though the reports here say
    they're only buying a part of GM's holdings.
    Local paper reported several weeks ago this option's on the table, but
    GM's still hashing over what to do w/ SAAB.
    I'll agree all those you mentioned run from unattractive to just plain
    butt ugly, but as long as people keep buying that stuff, mfrs will buy
    into the styling trends. Witness the Dodge Ram trucks in their current
    incarnation: when they first appeared it was a love-hate deal with most
    people WRT styling. But Ford, GM and Toyota all looked at the fact Dodge
    was selling more trucks than it did before, and now we've got all kinds
    of clones. Sad. Even marques such as M-B do it: look at a current C230
    and tell me it's not a Teutonic Honda Accord! If only it were as
    reliable...

    Rick
     
    Rick Courtright, Oct 10, 2005
    #20
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