Quote:
Originally Posted by Opie
Bahahahahahahahahaha, you mean the 19.2% of shares Toyota owns of Subaru Automotive, just below what is needed to have a controlling share? And Subaru Automotive is all they own shares in, they do not own any interest in the Subaru Corporation (Formally FHI, Fuji Heavy Industries.
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Yes, that 19.2% of Subaru Automotive.
Why did Toyota get that 19.2%?
And how that relates to Fuji Heavy Industries? About 10-15% I believe.....last time I looked anyway.
From my understanding Toyota are buying up and into all Japan based automotive and part manufacturers.
Basically swapping shares with "ALOT" of smaller companies.
Yes, even FHI >
https://en.wikipedia.org/wiki/Toyota_Group
Some is due to sharing the costs on development and manufacturing, some is about owning a big chunk of their weaker competition.
I can see in ten years time Toyota going Godzilla and swallowing up some of those small fish.
Maybe it will be Toyota and not Taco Bell that takes over the world in 12 years after the franchise wars.....🤯
Maybe sooner if the small fish die of COVID-19.
Meh, but that's just my musings.
What are your thoughts on this?
Hopefully your answers contain more than Bwahahahahaha.