How much of Subaru does GM own?
Subaru, a well-known Japanese automaker, has a fascinating history of partnerships and ownership stakes with various companies over the years. One of the most notable partnerships was with General Motors (GM). If you're curious about GM's current ownership in Subaru, here's a detailed explanation to clarify the situation.
GM's Historical Stake in Subaru
General Motors once held a significant stake in Subaru's parent company, Fuji Heavy Industries (now known as Subaru Corporation). In 1999, GM acquired a 20% stake in Fuji Heavy Industries, marking a strategic partnership aimed at sharing technology and resources. This collaboration allowed both companies to benefit from each other's expertise in automotive engineering and manufacturing.
Why Did GM Sell Its Stake in Subaru?
In 2005, GM decided to sell its 20% stake in Fuji Heavy Industries. This decision was part of GM's broader strategy to restructure its operations and focus on its core brands during a financially challenging period. Toyota, another major automaker, purchased an 8.7% stake in Fuji Heavy Industries following GM's divestment, further solidifying its relationship with Subaru.
Does GM Currently Own Any Part of Subaru?
As of today, General Motors does not own any stake in Subaru. The partnership between GM and Subaru ended with the sale of GM's shares in 2005. Subaru Corporation is now an independent company, with Toyota being its largest shareholder, holding a significant stake of over 20%.
Key Takeaways
- GM owned a 20% stake in Subaru's parent company, Fuji Heavy Industries, from 1999 to 2005.
- GM sold its stake in 2005 as part of a financial restructuring plan.
- Currently, GM does not own any part of Subaru, and Toyota is Subaru's largest shareholder.
Understanding the history of automaker partnerships can provide valuable insights into the ever-evolving automotive industry. If you have any questions about car maintenance or repair, feel free to reach out to us at Kevin's Autos for expert advice!
Frequently Asked Questions
Who owns the majority of Subaru?
Subaru is a subsidiary of the Subaru Corporation, formerly known as Fuji Heavy Industries, which Toyota does have a small stake in. That said, while Subaru does partner with Toyota on multiple models, such as the Solterra (built in a Toyota factory) and BRZ , it is still an independent company.
Who makes Subaru engines?
Who Makes Subaru Engines? Subaru engines are made in the Oizumi factory in Japan, where the automaker builds the boxer engines and transmissions for its vehicles.
How much of Subaru is owned by Toyota?
As of March 2024, Toyota owns just over 20% of Subaru, but it hasn't always been that way. Nissan purchased shares of Fuji Heavy Industries, Subaru's parent company, back in 1968. In 1999, Nissan sold its holdings to General Motors who then liquidated their stake in Fuji Heavy Industries in 2005.
Who actually owns GM?
The ownership structure of General Motors (GM) stock is a mix of institutional, retail, and individual investors. Approximately 45.44% of the company's stock is owned by Institutional Investors, 0.15% is owned by Insiders, and 54.41% is owned by Public Companies and Individual Investors.
Who builds Subaru engines?
Who Makes Subaru Engines? Subaru engines are made in the Oizumi factory in Japan, where the automaker builds the boxer engines and transmissions for its vehicles.
Who is Subaru owned by?
Subaru Corporation
Who Owns Subaru? Subaru Corporation, formerly known as Fuji Heavy Industries, is the parent company of Subaru. Subaru Corporation is a Japanese multinational corporation specializing in manufacturing automobiles, aircraft, and industrial products. Subaru Corporation owns Subaru as well as other subsidiary companies.
What car companies are owned by GM?
Current auto brands are Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling. Former GM automotive brands include LaSalle, McLaughlin, Oakland, Oldsmobile, Opel, Pontiac, Hummer, Saab, Saturn, Vauxhall, Daewoo, and Holden.
Did GM own Subaru?
As part of the alliance, GM will buy a $1.4 billion, 20 percent equity stake in Fuji, the maker of Subaru cars and trucks. Tokyo-based Fuji will remain an independent company with Detroit-based GM as its largest shareholder.
What does Subaru mean in Japanese?
“unite
“SUBARU” signifies a Japanese word meaning “unite,” as well as a term identifying a cluster of six stars, which the Greeks called the Pleiades – part of the Taurus constellation. According to Greek mythology, Atlas' daughters turned into this group of stars.
Does China own 49 of GM?
SAIC General Motors Sales Co., Ltd., a national sales company. GM China has a 49 percent stake and SAIC a 51 percent stake.
