Toyota Motors bought a little over 40% of GM’s former FHI stock, amounting to 8.7% of FHI. (The rest of GM’s shares went to a Fuji stock buy-back program.)[17]
FHI being Fuji Heavy Industry, which is now Subaru Corporation.
*Subaru Corporation:
Owners
Toyota (20.42%)
The Master Trust Bank of Japan investment trusts (14.15%)
Custody Bank of Japan investment trusts (5.28%)
State Street Bank West Client - Treaty 505234 (1.56%)
Nissan made some absolutely terrible design decisions, namely the wide use of CVTs. I think this has contributed to their downfall. I imagine Subaru and Mazda will be OK.
Huh.
FHI being Fuji Heavy Industry, which is now Subaru Corporation.
*Subaru Corporation:
Owners
Toyota (20.42%)
The Master Trust Bank of Japan investment trusts (14.15%)
Custody Bank of Japan investment trusts (5.28%)
State Street Bank West Client - Treaty 505234 (1.56%)
(as of September 30, 2024)[3]
Nissan made some absolutely terrible design decisions, namely the wide use of CVTs. I think this has contributed to their downfall. I imagine Subaru and Mazda will be OK.