Is Subaru still owned by Toyota?
No, Subaru is not owned by Toyota. Subaru is an independent automaker that has had a long-standing partnership with Toyota, but the two companies are separate entities.
Subaru's Relationship with Toyota
Subaru and Toyota have had a close business relationship for many years, but Subaru has remained an independent company. The two automakers have collaborated on various projects, such as the development of the Toyota 86/Subaru BRZ sports car, but Toyota does not own a controlling stake in Subaru.
In fact, Subaru is majority-owned by Subaru Corporation, a Japanese conglomerate that was formerly known as Fuji Heavy Industries. Toyota holds a 20% stake in Subaru Corporation, which gives it a significant minority ownership, but not a controlling interest.
Subaru's Ownership Structure
- Subaru Corporation (formerly Fuji Heavy Industries) owns the majority of Subaru, with a 51.5% stake.
- Toyota holds a 20% stake in Subaru Corporation, making it the second-largest shareholder.
- The remaining 28.5% of Subaru Corporation is publicly traded on the Tokyo Stock Exchange.
So, while Subaru and Toyota have a close working relationship, Subaru remains an independent automaker and is not owned by Toyota. The two companies collaborate on certain projects, but Subaru maintains its own distinct brand identity and product lineup.
