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Old Apr 24, 2011 | 08:13 PM
  #31  
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Originally Posted by TonyBurns
6 year old revival of a thread! good going

Tony
For some reason it was in the selection when I clicked New Posts!!
Didn`t check the date lol.
Strange!!


I`m not one for resurrecting an argument from 6 years ago, lol.
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Old Apr 24, 2011 | 08:17 PM
  #32  
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Jimbob, what were you looking for in order to find this thread?
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Old Apr 24, 2011 | 08:23 PM
  #33  
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Originally Posted by Bungleaio
Jimbob, what were you looking for in order to find this thread?
Thats the point I didn`t, just clicked on New Posts and this was one of the threads in the list.

Didn`t look at the date lol.
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Old Apr 24, 2011 | 08:30 PM
  #34  
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Yeah and I think GM sold their share to Toyota now. Probably cos GM is as good as bankrupt but bailed out by Obama
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Old Apr 24, 2011 | 08:39 PM
  #35  
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Fuji Heavy Industries, the parent company of Subaru, is currently in a partial partnership with Toyota Motor Corporation, which owns 16.5% of FHI.

Nissan had acquired a 20% stake in 1968 during a period of government-ordered merging of the Japanese auto industry in order to improve competitiveness under the administration of Prime Minister Eisaku Sato. Nissan would utilize FHI's bus manufacturing capability and expertise for their Nissan Diesel line of buses. In turn, many Subaru vehicles, even today, use parts from the Nissan manufacturing keiretsu. The Subaru automatic transmission, known as the 4EAT, is also used in the first generation Nissan Pathfinder. Speculation has suggested that it was Subaru that introduced Renault to Nissan, when Renault asked for assistance in all-wheel drive (AWD) technology, and when FHI told Renault to discuss their plans with Nissan, the discussions may have been a contributing factor to the currently successful Renault-Nissan alliance. Upon Nissan's acquisition by Renault, its 20% stake was sold to General Motors.

On October 5, 2005 Toyota Motor Corporation purchased 8.7% of FHI shares from General Motors who had owned 20.1% of FHI[6] since 1999. GM later divested its remaining 11.4% stake, selling its shares on the open market to sever all ties with FHI. FHI previously stated that there might have been 27 million shares (3.4%) acquired before the start of trading by an unknown party on October 6, 2005, and speculation suggested that a bank or perhaps another automaker was involved. After the purchase, Toyota announced a contract with Subaru on March 13, 2006 to use the underutilized Subaru manufacturing facility in Lafayette, Indiana, and Toyota announced plans to hire up to 1,000 workers and set aside an assembly line for the Camry model, beginning in the second quarter of 2007.

During the brief General Motors period, a "badge engineered" Impreza was sold in the United States as the Saab 9-2X. An SUV (Subaru Tribeca / SAAB 9-6X) was also planned[7][8] but the SAAB version did not proceed.[9]

From Wiki.
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Old Apr 24, 2011 | 08:41 PM
  #36  
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Originally Posted by Jimbob
For some reason it was in the selection when I clicked New Posts!!
Didn`t check the date lol.
Strange!!


I`m not one for resurrecting an argument from 6 years ago, lol.
Quick, report it in the bug section

Tony
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Old Apr 24, 2011 | 09:55 PM
  #37  
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There was a piece in the Mail on Sunday magazine a while back that showed you who owned what in the car manufacturing world and I seem to remember that Toyota owned a part on both FHI and Mistubishi.
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Old Apr 24, 2011 | 10:26 PM
  #38  
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With regards to Prodrive , are they now a completely privately owned company? Also is there any ties left to Subaru ?
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