GM Selling share of FUJI Heavy Industries aka Subaru partially to Toyota

[Tosh]

"Out of concern for GM's plight, Okuda has recently suggested Toyota raise the price of car models in the United States. Toyota raised prices soon after, but denied the move was to placate U.S. automakers."

Is that how it works?

 

[rjundi]

http://www.forbes.com/business/energy/feeds/ap/2005/10/05/ap2261327.html

GM is I think is cash strapped and needs the money. I wonder if this leads to the demise of the Saab 9-2x for 2006. A portion of its shares are going to Toyota the rest the open market.

Either way I love their cars especially the performance ones.

2004 Subaru WRX wagon
2005 Subaru Legacy GT wagon