If Honda and Nissan can’t survive at their size, well Subaru and Mazda are tiny by comparison.

    • BarqsHasBite@lemmy.worldOP
      10·
      4 months ago

      Huh.

      Toyota Motors bought a little over 40% of GM’s former FHI stock, amounting to 8.7% of FHI. (The rest of GM’s shares went to a Fuji stock buy-back program.)[17]

      FHI being Fuji Heavy Industry, which is now Subaru Corporation.

      *Subaru Corporation:

      Owners

      Toyota (20.42%)

      The Master Trust Bank of Japan investment trusts (14.15%)

      Custody Bank of Japan investment trusts (5.28%)

      State Street Bank West Client - Treaty 505234 (1.56%)

      (as of September 30, 2024)[3]

  • Rajtinka@lemmy.world
    2·
    4 months ago

    I thought the point was to combine so that they could compete with Chinese EV’s? To better move forward with hybrid and EV vehicles as the world transitions away from ICEs? I think it’s crazy that even combined they still sell a fraction of what Toyota sells and still only puts them at #3 behind VW. I only recently learned it’s so lopsided.

      • Rajtinka@lemmy.world
        1·
        4 months ago

        Since it appears Toyota has an interest in Subaru and Subaru has insane brand loyalty, they should be fine. Toyota could take a more direct role through sharing technology if it would help. I don’t know much about Mazda other than they are still made in Japan and I love my CX5. I certainly hope there is room for the smaller, high quality brands. I would be concerned about any manufacturer that hasn’t made progress on hybrid and EV tech though. I hear those Chinese kids make some pretty inexpensive options.