Confirmed! Toyota & Subaru, Working Together For Next-Gen Toyota 86 & Subaru BRZ
Two big Japanese car brands, Toyota and Subaru, officially announced that they will be working together of the next-generation Toyota 86 and Subaru BRZ, as well as collaborating on a new all-wheel-drive models together with an autonomous driving technology and on a new pure EV.
The first alliance between the two car giants happened some time in 2005 where it involves capital ties as Toyota’s shares in Subaru will increase from the current 16.83 per cent to a minimum of 20 per cent meaning Subaru will become an affiliated company of Toyota.
Commenting on the agreement, Toyota President Akio Toyoda said: “During this once-in-a-century period of profound transformation, driving enjoyment will remain an inherent part of automobiles and is something that I think we must continue to strongly preserve.”
Subaru President Tomomi Nakamura said: “Between our company and Toyota is an alliance that already has a history of 14 years. During this time, we have deepened our bonds in various fields such as product development, production, and sales, including through personnel exchanges.”