Subaru Acquires 0.3% Stake In Toyota To Develop New Technologies

chanomatik · 01-21-2021, 12:03 PM

Look at that mutual commitment!
https://www.japantimes.co.jp/news/20...-toyota-stake/

Subaru Corp. said Wednesday it has acquired a 0.3% stake in Toyota Motor Corp. for about ¥70 billion ($673 million) under a capital tie-up deal reached between the two companies in 2019 to boost the joint development of new technologies for autonomous and electric cars.

Toyota raised its stake in Subaru from 16.8% to 20% as planned in February last year, making the smaller automaker into its equity-method affiliate. Since then, Subaru’s earnings have been incorporated into Toyota’s consolidated financial statements.

In September 2019, the two automakers also agreed to jointly develop an electric sport utility vehicle to be sold under each company’s name by the mid-2020s in the United States.

Subaru had planned to hold a stake in Toyota worth up to ¥80 billion or equivalent to the largest Japanese automaker’s additional investment in it following approval from antitrust authorities.

They formed an alliance in 2005 and jointly developed a sports car, branded by Toyota as the 86 and Subaru the BRZ, in 2012.

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Scooby-Doode · 01-21-2021, 12:10 PM

ohhh snap, there goes the development budget for a 400HP STI, S210 and beyond.

subyski · 01-21-2021, 03:18 PM

Quote:

Originally Posted by Scooby-Doode

ohhh snap, there goes the development budget for a 400HP STI, S210 and beyond.

Nah, they could still do it and develop S210, they will just charge more money, that's all. Coming soon, $70,000 STI S210.

neg_matnik · 01-21-2021, 04:25 PM

Quote:

Originally Posted by Scooby-Doode

ohhh snap, there goes the development budget for a 400HP STI, S210 and beyond.

You're assuming they actually had a serious ICE dev program in the first place...

I have been rambling and ranting about the need for a long stroker H4 or H6 for almost 10 years; Subaru finally came out with one last year.
Only took 10 years

.

JP Chestnut · 01-21-2021, 04:26 PM

Quote:

Originally Posted by subyski

Nah, they could still do it and develop S210, they will just charge more money, that's all. Coming soon, $70,000 STI S210.

Only $70,000? That’s a bargain compared to the s209 if it doesn’t spontaneously combust when filled with 91.

subyski · 01-21-2021, 05:13 PM

Quote:

Originally Posted by JP Chestnut

Only $70,000? That’s a bargain compared to the s209 if it doesn’t spontaneously combust when filled with 91.

They will throw that "feature" in for free. It's hardcore living on the 91 edge.

JP Chestnut · 01-21-2021, 05:25 PM

Quote:

Originally Posted by subyski

They will throw that "feature" in for free. It's hardcore living on the 91 edge.

Living life one ring land at a time.

neg_matnik · 01-21-2021, 07:39 PM

Quote:

Originally Posted by JP Chestnut

Living life one ring land at a time.

Or living one rod bearing at a time... (worst case)
Or living one head gasket at a time... (best case)

JP Chestnut · 01-21-2021, 08:01 PM

Quote:

Originally Posted by neg_matnik

Or living one rod bearing at a time... (worst case)
Or living one head gasket at a time... (best case)

It’s what makes a Subaru a Subaru. I hope they get the tuning and build right on the next gen WRX/STI/BRZ out of the gate.

Scooby-Doode · 01-21-2021, 11:21 PM

Tough crowd. Dang fellas, we need head to a bar (post Covid19) have a few beers to celebrate Subaru and their love that brings us together.

Pre · 01-21-2021, 11:39 PM

Quote:

Originally Posted by neg_matnik

Or living one rod bearing at a time... (worst case)
Or living one head gasket at a time... (best case)

C’mon, man. You get all that in a sedan only package. What’s not to “love”. Subaru is “love” going to your stealer service department for warranty work or voiding your factory warranty to get the vehicle running properly.

n2oiroc · 01-22-2021, 12:15 AM

subaru and toyota develop new technologies?

are they going to team up and finally use 2010 technology?

murrdogg24 · 01-22-2021, 12:23 AM

Subaru badged Yaris GR ....?

electricmarquis · 01-22-2021, 12:47 PM

Quote:

Originally Posted by murrdogg24

Subaru badged Yaris GR ....?

STI Justy.....shut up and take my money!

JuSti

JustyWRC · 01-22-2021, 02:57 PM

Quote:

Originally Posted by electricmarquis

STI Justy.....shut up and take my money!

JuSti

They've already bastardized the name by putting it on several non-Subaru vehicles........why not.

arghx7 · 01-22-2021, 05:34 PM

they will keep their current engine families on life support, adding unreliable emission equipment to comply with regulation and spending everything else on electrification tech.

That's what everybody's doing. you think GM is dumping tons of money into a new small block V8?

dcsti · 01-22-2021, 05:42 PM

Quote:

Originally Posted by arghx7

they will keep their current engine families on life support, adding unreliable emission equipment to comply with regulation and spending everything else on electrification tech.

That's what everybody's doing. you think GM is dumping tons of money into a new small block V8?

Not even GM is that stupid. *cough* blackwing V8 *cough*...

How much of Subaru stock does Toyota need to buy before they have a controlling interest? Ford only needed 33.4% of Mazda, I wonder what Toyota's long term plan is.

01-21-2021, 12:03 PM	#1
chanomatik Scooby Guru Member#: 159474 Join Date: Sep 2007 Chapter/Region: NESIC Location: Whitinsville, MA Vehicle: 2017 Impreza Sport Lithium Red - OLDKID	Subaru Acquires 0.3% Stake In Toyota To Develop New Technologies Look at that mutual commitment! https://www.japantimes.co.jp/news/20...-toyota-stake/ Subaru Corp. said Wednesday it has acquired a 0.3% stake in Toyota Motor Corp. for about ¥70 billion ($673 million) under a capital tie-up deal reached between the two companies in 2019 to boost the joint development of new technologies for autonomous and electric cars. Toyota raised its stake in Subaru from 16.8% to 20% as planned in February last year, making the smaller automaker into its equity-method affiliate. Since then, Subaru’s earnings have been incorporated into Toyota’s consolidated financial statements. In September 2019, the two automakers also agreed to jointly develop an electric sport utility vehicle to be sold under each company’s name by the mid-2020s in the United States. Subaru had planned to hold a stake in Toyota worth up to ¥80 billion or equivalent to the largest Japanese automaker’s additional investment in it following approval from antitrust authorities. They formed an alliance in 2005 and jointly developed a sports car, branded by Toyota as the 86 and Subaru the BRZ, in 2012. * Registered users of the site do not see these ads.

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01-21-2021, 12:10 PM	#2
Scooby-Doode Scooby Specialist Member#: 28976 Join Date: Nov 2002 Location: ANE Where Vehicle: 2016 Step 2 Push Buggy GT	ohhh snap, there goes the development budget for a 400HP STI, S210 and beyond.

01-21-2021, 11:21 PM	#10
Scooby-Doode Scooby Specialist Member#: 28976 Join Date: Nov 2002 Location: ANE Where Vehicle: 2016 Step 2 Push Buggy GT	Tough crowd. Dang fellas, we need head to a bar (post Covid19) have a few beers to celebrate Subaru and their love that brings us together.

01-22-2021, 12:15 AM	#12
n2oiroc Scooby Specialist Member#: 141952 Join Date: Feb 2007 Chapter/Region: MWSOC Location: milwaukee'ish Vehicle: 20 Audi S4	subaru and toyota develop new technologies? are they going to team up and finally use 2010 technology?

01-22-2021, 12:23 AM	#13
murrdogg24 Scooby Guru Member#: 50586 Join Date: Dec 2003 Chapter/Region: RMIC Location: Colorado Springs Vehicle: 2020 STI Crystal White Pearl	Subaru badged Yaris GR ....?

01-22-2021, 05:34 PM	#16
arghx7 Scooby Specialist Member#: 232940 Join Date: Dec 2009 Location: cold	they will keep their current engine families on life support, adding unreliable emission equipment to comply with regulation and spending everything else on electrification tech. That's what everybody's doing. you think GM is dumping tons of money into a new small block V8?