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Old 05-06-2000, 06:47 AM   #1
Scooby Newbie
Member#: 1254
Join Date: Apr 2000
Location: Buffalo, NY USA
1999 Impreza 2.5RS
Black Pearl

Post GM to own Subaru...

Calm down.. only 20% of it for now.. Did you guys know about this? I pulled it off of the Subaru Club of America's website:

"Nissan announced that it would sell its 4.1-percent stake in Fuji Heavy Industries to the Detroit automaker. The cost of the deal was not yet known. GM will also purchase another 1.07 billion in new Fuji Heavy shares in April in an effort to boost its stake in the company to 20 percent. The deal gives Fuji Heavy financial help to develop low-pollution engines and safety devices, relieves Nissan of some debt while the company is being restructured, and gives GM another foothold in Asia."

Scary, 'eh? I guess the new seatbelt arm will say "GM" on it not long from now...

Hey, might be be long before you see the word "SmartTrak" in front of the AWD badge on you next Subaru... (brrrrr)...
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Old 05-06-2000, 08:15 AM   #2
Riot Squad

Hi Sammy,

Yea, its kinda old news. GM's justification for their interest is that they want Fuji Industries to help with the R&D work on all-wheel drive systems. There are alot of other interests along side of that but you know the big boys from Detroit. They just cant keep their hands off of a good thing!

Old 05-06-2000, 11:42 AM   #3
Scooby Newbie
Member#: 955
Join Date: Feb 2000
Location: Minneapolis USA

Why ask GM for help????

If Fuji needs money, go to Toyota!!!!!
clone is offline  
Old 05-06-2000, 12:02 PM   #4
NASIOC Supporter
Member#: 457
Join Date: Oct 1999
Chapter/Region: MWSOC
---- Smells like
weed and rampage


The deal gives Fuji Heavy financial help to develop low-pollution engines and safety devices

hehe... GM hasn't been so hot at developing "safety devices" (i.e. intrinsically safe small cars)... guess they finally decided they're better off paying someone to do it for them.

Josh Beach
beachbum is offline  
Old 05-06-2000, 12:29 PM   #5
Scooby Newbie
Member#: 888
Join Date: Feb 2000
Location: Montreal, CANADA
2011 STI


Let's just hope that GM will never acquire moe than 20% of Fuji because I don't want the Sunfire to have hood scoops and a huge wing! Now, how ugly would that look?!
I already have people telling me that their Jeep Grand Cherokee is a Mercedes! Give me a break! Does that mean my mother's Volvo is a Ford, I don't think so!
Let's hope Subaru doesn't become General Subaru Motors (GSM)! hehe!
Take care
VALENTA is offline  
Old 05-06-2000, 04:04 PM   #6
NASIOC Supporter
Member#: 221
Join Date: Sep 1999
Chapter/Region: SWIC
Location: az.
2014 Crosstrek


how about an Impreza with a sunfire front end
greenguy is offline  
Old 05-06-2000, 04:12 PM   #7
Scooby Newbie
Member#: 786
Join Date: Jan 2000
Location: West Branch, IA, USA
Thumbs down

Reading this thread is making me sick to my stomach! YUCK!!!

Black98RS is offline  
Old 05-06-2000, 04:42 PM   #8
Scooby Specialist
Member#: 1185
Join Date: Mar 2000
Location: North of the border
I flap my gums
and now I'm a specialist


heheheheheheh................a Sunfire with awd and 280hp!!!!!!!! A SunRx???!!!
Ver.III is offline  
Old 05-06-2000, 04:59 PM   #9
Tri-State Track Instructor
Member#: 197
Join Date: Aug 1999
Chapter/Region: Tri-State
Location: Edgewater, NJ & Caroga Lk, NY
'14 Touareg TDI '14
BRZ http://48hrs.info


Relax everyone...

Isuzu is owned 49% by GM and they haven't tinkered with them at all.

My Rodeo still is tougher than any GM product.

Paisan is offline  

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