Toyota buys out Subaru stake from GM

[Gurkha]

http://biz.yahoo.com/ap/051005/japan_toyota.html?.v=12

[Steeroid]

End of the Chevrolet Forester in India....but Subaru products would go a long way with Toyota engineering. Sounds good.

What next - Mitsubishi to Honda and Isuzu to Nissan? Suzuki will never get into that sort of a situation as long as there are a billion bakras in India...

[Gurkha]

Actually Subaru made some really good car, their flat four speaks for itself and so does their rally record, maybe Toyota will benefit from Subaru's extensive AWD tech where all GM did is stagnate it, actually in GM's case, it was a marketing partnership, many Americans refuse to buy foreign brands so GM would market the Legacy as Chevy Forrester and Corolla as Chevy Nova as does Ford with Mazda.

[devarshi84]

this means more sales but worst designs.

[Gurkha]

I am sure the design has to be approved by Toyota, however the WRX looks really nice and understated, some like that look, sort of wolf in sheep's clothing.

[devarshi84]

I prefer nissan over honda and toyota. THeir designs are good and their cars are good too.

boy I love that Infiniti fx-45.


subaru is a good manufacturer except that its cars look like sh*t

[Rtech]

This throws up an interesting situation here now. What happens to the existing Forester owners? Do they continue taking their car to GM dealerships or do they now have to go to a Toyota dealership (which I'm sure they will be happy too!).

What about the Foresters for sale in the GM showroom??

[carfreak]

does that mean the forester will be sold with a toyota badge?or even worse will they stop importing it altogether.but it is definitely good news.both jap giants and both make fun to drive cars.great!!

[Steeroid]

Originally Posted by Rtech

What about the Foresters for sale in the GM showroom??

What difference does it make - just remove the Chevy bowtie and slap on the famous ringed T...its as much a Chevy as it will be a Toyota.

[devarshi84]

well said. The car still remains to be a subaru.

[Rtech]

aarey! I mean its a bit odd for GM to continue selling them when Toyota owns the company now!

[devarshi84]

What???? Rtech the news certainly say that Subaru is sold but that doesnt mean that The deal has already taken place. It takes months.

ADiadas reebok deal news is out and all over the place but Reebok is still a separate entity

Benq-siemens deal was over months ago but they started operations only this month.

Its takes time to takeover large companies.

[Mpower]

Not just the Forester, but there are various GM products like the Saab 9-2 which will be affected.

Usually these models will continue to be in production until the end of their model cycle and then cease to exist. All this stuff should be in the severance agreement. Even if the model is dropped, parts and support will continue through the GM dealership.

Companies share cars even without having a financial stake in each other. Eg: TATA-Rover.....moreover GM and Toyota are long time pals and share the Matrix/Vibe in the US.

[devarshi84]

Originally Posted by Mpower

Not just the Forester, but there are various GM products like the Saab 9-2 which will be affected.

Usually these models will continue to be in production until the end of their model cycle and then cease to exist. All this stuff should be in the severance agreement. Even if the model is dropped, parts and support will continue through the GM dealership.

Companies share cars even without having a financial stake in each other. Eg: TATA-Rover.....moreover GM and Toyota are long time pals and share the Matrix/Vibe in the US.

well said . that's exactly what i meant to say.

[Rtech]

I doubt the product lineup at Subaru would change much. They have a strong lineup with even stronger following of loyal customers, and with Toyota support, it will get even better.