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Old 02-11-2006, 06:13 PM   #1
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Chevy Forester? Only in India

Now that GM owns Subaru, I see bad things happening...

Chevy Forester


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Old 02-11-2006, 06:16 PM   #2
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ohhh snap. im afraid for the WRX
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Old 02-11-2006, 06:27 PM   #3
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uuhh i believe gm had to sell all their stock b/c of their horrible earnings and have no affiliation with subaru any more.
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Old 02-11-2006, 06:33 PM   #4
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Originally posted by DrkKnight614
uuhh i believe gm had to sell all their stock b/c of their horrible earnings and have no affiliation with subaru any more.
If so, then there is a God!
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Old 02-11-2006, 07:04 PM   #5
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As a clarification, GM did sell back their 20% stake in Fuji (Subaru's parent company). They never had ANY interest in Subaru or Subaru of America. Toyota purchased aproximately 11% of Fuji stock shortly thereafter.
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Old 02-11-2006, 07:10 PM   #6
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I wonder if GM will keep badging Subarus as Saabs in the US then?
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Old 02-11-2006, 07:11 PM   #7
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YUp.. apparently the only interest GM had in Subaru was to get their AWD system.. once that did go through, they lost interest.. (take this with a grain of salt.. I got this from a Subaru dealer)

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Old 02-11-2006, 07:21 PM   #8
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Subaru will still be making the 9-2X for Saab for another model year, is the what we've been told. The plans to make a SUV for Saab off the B9 Tribeca platform have been scrapped.

At the time Fuji sold 20% to GM, they were in a cash crunch and the infusion of cash was badly needed. Subaru benefited from it, as they were able to acquire information about GM's excellent parts distribution process and put some new processes into place for their own dealerships. At one point, we were waiting a week + for stock parts, now 2 days is the typical delivery time. In return, Subaru agreed to share some platforms with GM - the Impreza being built as the 9-2X, etc.
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Old 02-11-2006, 07:25 PM   #9
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Well, I'm glad to hear Subaru gained something beneficial from it. If they hang out with GM too long, GM will run that brand into the ground.
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Old 02-11-2006, 07:28 PM   #10
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Believe me, as someone who makes their living selling Subarus, it was a day of celebration when GM announced they were selling back their interest in Fuji..envisioning GM getting a firmer grip on things down the road was a scary thought. No one within Subaru wanted to become another Saab.
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