Peter Banks Key Takeaways 🔍
- Toyota owns a 20% stake in Subaru’s parent company, Subaru Corporation.
- The collaboration between Toyota and Subaru has resulted in successful joint projects such as the Toyota 86/Subaru BRZ sports car and the forthcoming all-electric SUV.
- The partnership has helped both companies to reduce development costs and bring new technologies to market faster.
Toyota and Subaru are two well-respected names in the automotive industry, known for their reliability, innovation, and quality. Both Japanese car manufacturers have been around for decades and have built a loyal following of customers around the world.
Over the years, Toyota and Subaru have collaborated on several joint projects, including the development of the Toyota 86 and Subaru BRZ sports cars. But what percentage of Subaru does Toyota actually own? In this article, we’ll take a closer look at the relationship between these two automotive giants and explore the answer to this question.
Toyota’s Stake in Subaru Corporation 📈
At the time of writing, Toyota owns a 20% stake in Subaru’s parent company, Subaru Corporation. This means that Toyota has a significant ownership interest in Subaru, but it does not have full control of the company.
The partnership between Toyota and Subaru dates back to 2005 when the two companies began working together on the development of a new sports car. The result of this collaboration was the Toyota 86 and Subaru BRZ, two affordable, rear-wheel-drive sports cars that have become popular with driving enthusiasts around the world.
Since then, Toyota and Subaru have continued to collaborate on several other projects, including hybrid and all-electric vehicles. In 2019, the two companies announced that they would be jointly developing an all-electric SUV platform that would be used by both brands.
Benefits of the Toyota-Subaru Partnership 🙌
The partnership between Toyota and Subaru has proven to be beneficial for both companies in several ways. By working together, they have been able to share resources and reduce development costs, which has allowed them to bring new technologies to market faster and more efficiently.
For example, the Toyota 86 and Subaru BRZ sports cars were developed jointly, which allowed both companies to share development costs and bring a new sports car to market at a lower price point than if each company had developed its own model.
In addition, the partnership has allowed Toyota and Subaru to share technology and expertise in areas such as hybrid and all-electric vehicles. The forthcoming all-electric SUV platform that the two companies are jointly developing is a prime example of this collaboration.
Conclusion 🎉
In conclusion, Toyota owns a 20% stake in Subaru’s parent company, Subaru Corporation. This partnership has resulted in several successful joint projects, including the Toyota 86/Subaru BRZ sports car and the forthcoming all-electric SUV platform.
By working together, Toyota and Subaru have been able to share resources, reduce development costs, and bring new technologies to market faster. As a result, both companies have been able to stay competitive in an increasingly crowded automotive market and continue to innovate and evolve.
FAQ
Q: Is Subaru owned by Toyota?
A: No, Subaru is not owned by Toyota, but Toyota does have a 20% stake in Subaru’s parent company, Subaru Corporation.
Q: What other joint projects have Toyota and Subaru worked on?
A: In addition to the Toyota 86/Subaru BRZ sports car and the forthcoming all-electric SUV, Toyota and Subaru have also collaborated on hybrid vehicles, including the Toyota Prius c/Subaru Trezia and Toyota Corolla Hybrid/Subaru Crosstrek Hybrid.
Q: Will Toyota and Subaru continue to work together in the future?
A: It is likely that Toyota and Subaru will continue to collaborate on joint projects in the future, as the partnership has proven to be beneficial for both companies.
