Filed under: Government/Legal, Japan,
Subaru,
Toyota, Earnings/Financials
Toyota has been eying a takeover of Fuji Heavy Industries -
Subaru's parent company - for some time now. When General Motors ditched its 20 percent stake in Fuji back in October 2005,
Toyota snapped up 8.7 percent and the two have been undertaking a series of joint ventures since.
But that wasn't nearly enough for the
Toyota Motor giant that's getting closer and closer to the #1 global automaker spot with each passing day. An acquisition of
Subaru would bring them even closer, if only they could.
Continues after the jump.
[Source: Automotive News - sub. req.]Continue reading Thinking Big: new law opens path for
Toyota takeover of
Subaru 
