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Thread: Toyota announces WRC plans
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11th January 2016, 21:18 #11Senior Member
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Aber.....
Wiki:I don't think I'd call Toyota owning a little under 9% of shares "bringing Subaru into the (evil) Empire"On October 5, 2005 Toyota Motor Corporation purchased 8.7% of FHI shares from General Motors, which had owned 20.1% since 1999.[5] GM later divested its remaining 11.4% stake on the open market to sever all ties with FHI. FHI previously stated there might have been 27 million shares (3.4%) acquired before the start of trading by an unknown party on October 6, 2005, and speculation suggested a bank or perhaps another automaker was involved. After the purchase, Toyota announced a contract with Subaru on March 13, 2006 to use the underutilized Subaru manufacturing facility in Lafayette, Indiana, as well as plans to hire up to 1,000 workers and set aside an assembly line for the Camry, beginning in the second quarter of 2007.
Oder was?John Vanlandingham
Sleezattle WA, USA
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Pajari back in the WRC27 Toyota: https://www.instagram.com/reel/DWOXUdrCDru/?igsh=dTR4d3Jodjk4bDdo
WRC mainclass from 2027