Toyota is officially Subaru’s principal shareholder

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Toyota has deepened its ties with Subaru by increasing its stakeholding in the smaller Japanese manufacturer.

On February 6th, Toyota increased its share in Subaru from 16.8% to 20%, which now means that the two companies are now officially affiliated. The industry had been expecting this for a few months now, with Toyota’s move to increase its share announced back in September 2019. 

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