Toyota and Subaru Form Alliance

In addition to buying 8.7 percent of GM's former share in Subaru parent Fuji Heavy Industries — becoming its top shareholder — Toyota and Subaru are becoming friends with benefits, according to Asahi. A new strategic alliance between the companies will focus on three areas: manufacturing, start-up of production lines and development. Plans could include joint development of some passenger cars, building Toyotas at a US-based Fuji plant and use of Fuji engineers in Toyota's global strategy. Fuji is also abandoning plans to build some components for its upcoming Legacy hybrid, and will instead buy them from Toyota. Pillow talk has yet to reveal Toyota using Scoobie's horizontally opposed engines in its cars.

Fuji Heavy to use Toyota parts for hybrid Legacy [Asahi]

Related:
Saaburus No More: GM Dumps Stake in Subaru [internal]