by Gerhard Horn .
Toyota Motor Corporation (Toyota) and Subaru Corporation (Subaru) agreed today on a new business and capital alliance with the aim of further developing and strengthening their long-term partnership. Toyota and Subaru strengthen alliance. and to expand the partnership to survive this once-in-a-century period of change.
By taking our relationship one step further and mutually honing our technologies, we will strengthen our ability to respond to … Toyota and Subaru recently agreed on a new business and capital alliance with the aim of further developing and strengthening their long-term partnership. The alliance will expand the use of the Toyota Hybrid System in other Subaru models similar to the Crosstrek Plug-In Hybrid model launched last year in the U.S. market. Really what this means for us is that we will see a … Furthermore, to deepen their relationship and to strengthen their ties toward advancing to the next stage while respecting the identity of each other’s brand, the two companies have agreed that Toyota will increase its equity stake in Subaru and that Subaru will acquire shares in Toyota.This is good news for fans of the 86/BRZ, but the good news doesn’t end there.The joint venture also mentions bringing together both companies’ strengths to jointly develop all-wheel drive models.The Subaru Crosstrek Hybrid was mentioned specifically as an example. 03 October 2019 - 05:06Reuters/Motor News ReporterThe two carmakers collaborated on the Toyota 86 (pictured) and Subaru BRZ, and plan a sequel. The major takeaways from the announcement are to continue making ever-better cars (didn’t say SUVS, weird right?) As reported, Toyota and Subaru will also partner up to develop a fully electric platform for mid-size and … More Sportscars. If you continue to use this site we will assume that you are happy with it. The companies will also together work on the new Toyota 86 and Subaru BRZ sports cars. Subaru President Tomomi Nakamura said: "Between our company and Toyota is an alliance that already has a history of 14 years. Ever since concluding an agreement on business collaboration in 2005, partnership between Toyota and Subaru has included contract production by Subaru of Toyota vehicles and supply by Toyota of vehicles to Subaru, as well as joint development of the rear-wheel-drive Toyota 86 and Subaru BRZ sports car models.Also, with vast changes enveloping the automotive industry, which is being called on to respond to the new domains of CASE (connected, autonomous/automated, shared, and electric), Toyota and Subaru disclosed in June this year that they have agreed to jointly develop a platform dedicated to battery electric vehicles (BEVs) and to jointly develop a BEV model, both of which will employ Subaru’s AWD technologies and Toyota’s vehicle electrification technologies.In this once-in-a-century period of profound transformation, by strengthening their bonds and aligning their capabilities, Toyota and Subaru aim to pursue driving enjoyment in the CASE era and to make ever-better cars beyond what either company has been able to achieve thus far.
The 14-year-old Toyota-Subaru alliance will also see the former’s hybrid powertrains used in more of the latter’s models, following in the tyre tracks of the Crosstrek (XV) Hybrid that is exclusively sold in North America. Picture: SUPPLIEDToyota will raise its stake in Subaru to 20% from about 17%, the two Japanese carmakers … Unsubscribe anytime.Toyota and Subaru agree on new business and capital allianceBy registering for Automotive World email alerts you agree to our We use cookies to ensure that we give you the best experience on our website. Toyota Motor Corporation and Subaru Corporation have announced that their current alliance will be lengthening into a long-term partnership. Ever since concluding an agreement on business collaboration in 2005, partnership between Toyota and Subaru has included contract production by Subaru of … During this time, we have deepened our bonds in various fields such as product development, production, and sales, including through personnel exchanges. Furthermore, to deepen their relationship and to strengthen their ties toward advancing to the next stage while respecting the identity of each other’s brand, the two companies have agreed that Toyota will increase its equity stake in Subaru and that Subaru will acquire shares in Toyota.Register your email and we'll keep you informed about our latest articles, publications, webinars and conferences. Tie-up raises speculation that smaller automakers may be absorbed into the Toyota fabric in the future. By taking our relationship one step further and mutually honing our technologies, we will strengthen our ability to respond to …