Re: GM sell Subaru to Toyota

So, with this new acquisition, is Subaru now 100% owned by Toyota?
I saw a Subaru Tribeca today. It seems like a nice car... a modern and
nice interior. The exterior seems a little odd, tough.

Will GM plan to sell Saab too?

Perhaps if Toyota, Subaru and other Japanese automaker stop using their
design teams in California, they can produce much nicer looking cars.
Otherwise, they will be making those yucky styles like HHR, Pontiac
Aztek, shoe style PT Cruiser, flat face 300M, Honda element, etc.

> So, with this new acquisition, is Subaru now 100% owned by Toyota?[color=blue]
> I saw a Subaru Tribeca today. It seems like a nice car... a modern and
> nice interior. The exterior seems a little odd, tough.[/color]

You should do some reading. GM sold only 40% of it's shares in Fuji to
Toyota, equal to 8.7% ownership. With that, Toyota will become Fuji's
largest shareholder. However, GM is selling the other 60% (89M) of it's
shares on the open market, and Fuji says it's going to buy back 90M shares
from the open market. So in essence, Fuji will be it's own majority share
holder.

Steve

GM is expected to sell off other holdings too. Their best move would
be to sell off the CEO,CFO, chairman of the board and all board voting
members who belong to GM. i.e. start with some new blood that have a
vision to make good vehicles instead of a big paycheck next year. JMHO
"Mark A" <nobody@nowhere.com> wrote in message
news:37ednXgzWfY199TeRVn-pA@comcast.com...[color=blue]
> "Steve Mackie" <stevemackie@ns.sympatico.ca> wrote in message
> news:ond2f.106565$Ph4.3242077@ursa-nb00s0.nbnet.nb.ca...[color=green][color=darkred]
>>> So, with this new acquisition, is Subaru now 100% owned by Toyota?
>>> I saw a Subaru Tribeca today. It seems like a nice car... a modern
>>> and
>>> nice interior. The exterior seems a little odd, tough.[/color]
>>
>> You should do some reading. GM sold only 40% of it's shares in Fuji
>> to
>> Toyota, equal to 8.7% ownership. With that, Toyota will become
>> Fuji's
>> largest shareholder. However, GM is selling the other 60% (89M) of
>> it's
>> shares on the open market, and Fuji says it's going to buy back 90M
>> shares
>> from the open market. So in essence, Fuji will be it's own majority
>> share
>> holder.
>>
>> Steve
>>[/color]
> Treasury Stock (stock owned by the company who issued it) are not
> considered to be shares outstanding and have no voting rights.
>[/color]

On Sun, 09 Oct 2005 23:59:07 GMT, "Edward Hayes"
<erhayes@worldnet.att.net> wrote:
[color=blue]
>GM is expected to sell off other holdings too. Their best move would
>be to sell off the CEO,CFO, chairman of the board and all board voting
>members who belong to GM. i.e. start with some new blood that have a
>vision to make good vehicles instead of a big paycheck next year. JMHO[/color]

Their best move would be to get rid of all the Unions.

The Unions will drive GM into bankruptcy...


--

Scott in Florida

Still Voting Democratic?

You are Stuck On Stupid!

[email]aniramca@yahoo.com[/email] wrote:[color=blue]
>
> So, with this new acquisition, is Subaru now 100% owned by Toyota?[/color]

Hi,

Original reports when GM bought into FHI a coupla years back was they
were buying a 20% interest. Don't recall any subsequent purchases. So
the most Toyota could own would be 20%, though the reports here say
they're only buying a part of GM's holdings.
[color=blue]
> Will GM plan to sell Saab too?[/color]

Local paper reported several weeks ago this option's on the table, but
GM's still hashing over what to do w/ SAAB.
[color=blue]
> Otherwise, they will be making those yucky styles like HHR, Pontiac
> Aztek, shoe style PT Cruiser, flat face 300M, Honda element, etc.[/color]

I'll agree all those you mentioned run from unattractive to just plain
butt ugly, but as long as people keep buying that stuff, mfrs will buy
into the styling trends. Witness the Dodge Ram trucks in their current
incarnation: when they first appeared it was a love-hate deal with most
people WRT styling. But Ford, GM and Toyota all looked at the fact Dodge
was selling more trucks than it did before, and now we've got all kinds
of clones. Sad. Even marques such as M-B do it: look at a current C230
and tell me it's not a Teutonic Honda Accord! If only it were as
reliable...

Rick

Good Ridance! Subaru was the cause of all of GMs problems! Subaru was just
dragging GM through the mud! Subaru!...Ha!...Thats prepostorous! Indeed!

Edward Hayes wrote:[color=blue]
> GM is expected to sell off other holdings too. Their best move would
> be to sell off the CEO,CFO, chairman of the board and all board voting
> members who belong to GM. i.e. start with some new blood that have a
> vision to make good vehicles instead of a big paycheck next year. JMHO[/color]

Same goes for HP, Intel, Microsoft & Halliburton. But, with the inbreeding
that goes on at the top, it's just a wishful dream.

"Edward Hayes" <erhayes@worldnet.att.net> wrote in message
news:f9i2f.402144$5N3.90425@bgtnsc05-news.ops.worldnet.att.net...[color=blue]
> GM is expected to sell off other holdings too. Their best move would be to
> sell off the CEO,CFO, chairman of the board and all board voting members
> who belong to GM. i.e. start with some new blood that have a vision to
> make good vehicles instead of a big paycheck next year. JMHO[/color]

GM makes some fairly decent vehicles. They just don't listen to their
customers worth a hoot though.

Rick Courtright wrote:
[color=blue][color=green]
>>Will GM plan to sell Saab too?[/color]
>
>
> Local paper reported several weeks ago this option's on the table, but
> GM's still hashing over what to do w/ SAAB.
>[/color]


Toyota increasing it's stake in Subaru makes sense as they already have
a business relationship and their vehicle really do not compete very
much. Subaru has staked out a nice little niche with their boxer
engines and four wheel drive. The problem for GM is that nothing Subaru
does integrates well into a GM platform strategy. The marriage never
made sense.

Another factor is that GM and Toyota has a long relationship which
continues with the Nummi plant in California and it's building of the
Pontiac Vibe.

I'm sure GM would sell Saab and Ford would sell Jaguar IF there were any
buyers willing to put serious money on the table for those brands. But
who would?

Unfortunately Saab has become a don't care brand on the world stage. If
Saab closed up shop tomorrow the people directly involved would loose
financially and perhaps emotionally, but it would make ZERO difference
to the marketplace. The same is true for Mitsubishi, Isuzu, Jaguar,
Land Rover, Kia and others. Subaru has an interesting niche, but also in
the end is not a company of great consequence.

Ten years from now I predict that GM will have gone through at least one
pass at Chapter 11 bankrupcy and will be down to the Chevy and Cadillac
brand names. Ford is likely to follow the same path and in so doing
will finally wipe out the family control of the company as well as
skinnying down to the Ford and Volvo brands. Lincoln, Mercury, Jaguar,
Aston Martin and Land Rover have net negative remaining value.


John

On Tue, 11 Oct 2005 07:32:28 +0000, John Horner wrote:
[color=blue]
> Rick Courtright wrote:
>[color=green][color=darkred]
>>>Will GM plan to sell Saab too?[/color]
>>
>>
>> Local paper reported several weeks ago this option's on the table, but
>> GM's still hashing over what to do w/ SAAB.
>>[/color]
>
>
> Toyota increasing it's stake in Subaru makes sense as they already have
> a business relationship and their vehicle really do not compete very
> much. Subaru has staked out a nice little niche with their boxer
> engines and four wheel drive. The problem for GM is that nothing Subaru
> does integrates well into a GM platform strategy. The marriage never
> made sense.
>
> Another factor is that GM and Toyota has a long relationship which
> continues with the Nummi plant in California and it's building of the
> Pontiac Vibe.
>
> I'm sure GM would sell Saab and Ford would sell Jaguar IF there were any
> buyers willing to put serious money on the table for those brands. But
> who would?
>
> Unfortunately Saab has become a don't care brand on the world stage. If
> Saab closed up shop tomorrow the people directly involved would loose
> financially and perhaps emotionally, but it would make ZERO difference
> to the marketplace. The same is true for Mitsubishi, Isuzu, Jaguar,
> Land Rover, Kia and others. Subaru has an interesting niche, but also in
> the end is not a company of great consequence.[/color]

Tell that to the World Rally racers!!!


[color=blue]
>
> Ten years from now I predict that GM will have gone through at least one
> pass at Chapter 11 bankrupcy and will be down to the Chevy and Cadillac
> brand names. Ford is likely to follow the same path and in so doing
> will finally wipe out the family control of the company as well as
> skinnying down to the Ford and Volvo brands. Lincoln, Mercury, Jaguar,
> Aston Martin and Land Rover have net negative remaining value.
>
>
> John[/color]

In article <1128877365.136775.193740@o13g2000cwo.googlegroups.com>,
[email]aniramca@yahoo.com[/email] wrote:
[color=blue]
> Perhaps if Toyota, Subaru and other Japanese automaker stop using their
> design teams in California, they can produce much nicer looking cars.
> Otherwise, they will be making those yucky styles like HHR, Pontiac
> Aztek, shoe style PT Cruiser, flat face 300M, Honda element, etc.[/color]

You have a good point.
Some of the stylist in California just want to make a "different"
styling point.
However the Japanese stylists are not in my good book.
The current Subaru Outback and Forester look nicely styled to me.
The Tribeca, ugh, but what OK for the box it is.

In article <f9i2f.402144$5N3.90425@bgtnsc05-news.ops.worldnet.att.net>,
"Edward Hayes" <erhayes@worldnet.att.net> wrote:
[color=blue]
> GM is expected to sell off other holdings too. Their best move would
> be to sell off the CEO,CFO, chairman of the board and all board voting
> members who belong to GM. i.e. start with some new blood that have a
> vision to make good vehicles instead of a big paycheck next year. JMHO[/color]

Right on. GM was once my favorite USA car company, but I haven't bought
a GM product since '71.

In article <8K6dne712-oJg9beRVn-sg@comcast.com>,
"James C. Reeves" <jcnospam@nospam.com> wrote:
[color=blue]
> GM makes some fairly decent vehicles. They just don't listen to their
> customers worth a hoot though.[/color]

None do, but GM has some terribly our of date technology out there.
My recent experience with the 80s transmission in the '05 Impalla really
surprised me. The criticism of GM selling outdated technology is valid
here.

Spam Hater wrote:[color=blue]
> In article <1128877365.136775.193740@o13g2000cwo.googlegroups.com>,
> [email]aniramca@yahoo.com[/email] wrote:
>
>[color=green]
>>Perhaps if Toyota, Subaru and other Japanese automaker stop using their
>>design teams in California, they can produce much nicer looking cars.
>>Otherwise, they will be making those yucky styles like HHR, Pontiac
>>Aztek, shoe style PT Cruiser, flat face 300M, Honda element, etc.[/color]
>
>
> You have a good point.
> Some of the stylist in California just want to make a "different"
> styling point.
> However the Japanese stylists are not in my good book.
> The current Subaru Outback and Forester look nicely styled to me.
> The Tribeca, ugh, but what OK for the box it is.[/color]

A lot of it is very subjective. I like the
late-90's early-00's Outback. Nice, functional,
rounded but not too much.

I also am a big fan of the WRX sedan. Nice
low profile family car look with great performance.
No sense attracting more attention than necessary.

I can't stand the "hamstermobile" look.