GOOD OLD TOYOTA GOES INTO THE PAST AND TURNS... INTO A "MEGA-TOYOTA"!

Japan's largest carmaker is set to spend around 70 billion yen ($650 million) to increase its stake in Subaru

Japan's largest carmaker is set to spend around 70 billion yen ($650 million) to increase its stake in Subaru. Now it is about 17%, but Toyota wants to bring it to 20%, according to Reuters, citing informed sources.

According to them, the initiator of the transaction expects reciprocal investments: according to the plans of partners, Subaru will invest in the development of Toyota a comparable amount, although the scale of this company and is incomparable with one of the world's largest concerns. Moreover, Toyota's strategy is rumored to involve turning Subaru into a subsidiary and including the brand in the list of its own assets.

Japanese experts of the Agency have already begun to talk about the fact that Toyota has conceived the transition to an extensive path of development, seeking to actively increase the scale. It is possible that the concern wants to turn into a kind of "mega-Toyota". In the same concern from comments refrained, saying that rumors about Toyota's intentions are not based on any official statements.

However, Toyota did not fail to confirm that one of the tangible results of these investments will be a new generation of sports cars Toyota GT 86 and Subaru BRZ, the future of which until recently was considered uncertain. Presumably, the coupe will be built on the Toyota platform with a 2.5-liter opposed engine from Subaru, and the chief engineer of the project Tetsua Tada has already said that the novelty will be cooler than the recent Supra (which Toyota also built in partnership, but with BMW).

The Japanese concern became the co-owner of Subaru in 2005, having acquired 9.5% of shares, and since then systematically increases the share. In addition, Toyota owns significant stakes in Suzuki and Mazda.

GOOD OLD TOYOTA GOES INTO THE PAST AND TURNS... INTO A
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