Toyota to raise its Subaru stake

Subaru impreza

Toyota Motor is going to raise its stake in Subaru Corp to 20% from around 17%, the two Japanese automakers stated on Friday, as they leverage their scale to better rival in developing new vehicle technologies. The investment comes one month after Toyota and another smaller Japanese automaker, Suzuki Motor, stated they would take small […]

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Toyota, Subaru team up to develop electric SUV in a battle against prices

Subaru WRX

Toyota Motor and Subaru on Thursday stated they prepare to jointly develop a battery-electric sport-utility vehicle (SUV) on a platform produced together as they look forward to splitting the cost of producing the lower-emissions car. The pair will apply Subaru’s all-wheel-drive technologies and Toyota’s vehicle electrification technologies to the new SUV, that each will sell […]

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Subaru can consider investing in Toyota-Mazda EV venture if approached

2015 Subaru Legacy

Subaru Corp CEO Yasuyuki Yoshinaga stated on Wednesday his company would think “positively” about making investment in a Toyota-Mazda electric vehicle company if it were approached. Last month, Toyota Motor and Mazda Motor announced a new venture to develop electric vehicle technology, looking to overtake rivals in a race to produce more battery-powered vehicles. Subaru, […]

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Takata Airbag Settlements to Promote Safety Recalls, Compensate Consumers of Toyota, Subaru, Mazda, BMW

Takata air bag recalls

$553 million settlements to accelerate removal of dangerous airbag inflators from 15.8 million affected vehicles Plaintiffs in the Takata Airbag Product Liability Litigation today filed class action settlement agreements resolving claims against Toyota, Subaru, Mazda and BMW that will accelerate the removal of dangerous airbag inflators from 15.8 million affected vehicles while also compensating consumers […]

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2018 Subaru Ascent Spied

Subaru has also been devoid of the three-row SUV crossover as it will discontinue their ill-received the Tribeca in the year 2014. On the other hand, brand is not giving on such segment, while seen in such spy photos. However, wearing the most generous amounts of the camouflage, the new 7 passenger of Subaru SUV […]

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Fuji Heavy Recalls 935,000 Subaru Cars Over Wiper Issue

Japan’s Fuji Heavy Industries is recalling around 935,000 units of its Subaru Legacy worldwide to repair a problem with their front windshield wipers, the company stated on Friday. The recall impacts vehicles sold in 76 nations, including the United States, where around 592,000 cars are impacted. The Japanese car manufacturer said it was recalling around […]

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