08 Subaru Outback Awd Black Roof Rack Heated Seats on 2040-cars

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Toyota to boost its Subaru stake to more than 20%

TOKYO — Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20% from around 17% now, a deal that would also see the smaller firm invest in Japan's top automaker, two people with direct knowledge of the matter said on Friday. The deal is due to be approved at a Toyota board meeting on Friday, the people said, declining to be identified because the information has not been made public. The investment would come a month after Toyota and another smaller Japanese automaker, Suzuki, said they would take small equity stakes in each other. Such tie-ups highlight how automakers are scrambling to chase scale, manage costs and boost development. Traditional car makers, especially smaller ones like Subaru and Suzuki, are struggling to meet the fast pace of change in an industry being transformed by the rise of electric vehicles, ride hailing and autonomous driving. Toyota's investment is likely to cost more than 70 billion yen ($650 million) based on Subaru's stock market value, said the Nikkei business daily, which first reported the news. Subaru is likely to reciprocate with a stake in Toyota that would roughly equal the value of Toyota's additional investment, one of the people told Reuters. The companies have long worked together on projects such as the Toyota 86 and Subaru BRZ twins. At one time, Subaru built Toyota Camrys in its Indiana plant. Representatives for both Toyota and Subaru said the news was not something that had been announced by their companies. "The plan appears to be to ultimately make Subaru a fully owned subsidiary, to help create a 'mega Toyota.' This is the first step towards that," said Takeshi Miyao, managing director of Carnorama, a consultancy. "It's all about building scale." Subaru is particularly strong in sport-utility vehicles (SUV) and all-wheel-drive technology. The two automakers in June said they planned to jointly develop an electric sport-utility vehicle on a platform produced together, to split costs. Car markers around the world have been joining forces to slash development and manufacturing costs of new technology. Ford Motor Co and Volkswagen AG have said they will spend billions of dollars to jointly develop electric and self-driving vehicles. Toyota seems to be particularly keen to build scale now by investing in smaller, domestic automakers, rather than forging cross-border tie-ups like some of its rivals.

2019 Los Angeles Auto Show | Autoblog Podcast #605

In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Green, John Beltz Snyder and Associate Editor Zac Palmer. This week, the main topic of discussion is the 2019 Los Angeles Auto Show. Of course, they've gotta talk about the Ford Mustang Mach-E — and its questionable naming scheme. They also run down some other L.A. show highlights including the Toyota RAV4 Prime, Kia Seltos, Lexus LC 500 Convertible and Audi RS Q8. Then they talk about the cars they've been driving: the 2020 Chevy Silverado with the Duramax diesel engine and the 2020 Subaru Legacy Touring XT. Autoblog Podcast #605 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown L.A. Auto Show 2021 Ford Mustang Mach-E (and here's a little more about the name) 2021 Toyota RAV4 Prime 2021 Kia Seltos 2021 Lexus LC 500 Convertible 2020 Audi RS Q8 2020 Chevy Silverado Duramax 2020 Subaru Legacy Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video:

2020 Subaru Outback Review & Buying Guide | All hail the mighty wagon!

It may not look it, but the 2020 Subaru Outback is a completely redesigned model. Eager to keep its snowball of success rolling, Subaru chose to evolve and refine its popular, genre-bending utility vehicle rather than re-inventing the wheel. The key improvements can be found inside, where swaths of padded simulated leather are pretty much everything, creating an overall environment that's more pleasant for your eyes and fingers. Even the armrests are pleasantly squishier than before. Ultimately, though, the cabin's show-stopper is the massive vertically oriented touchscreen found on most trim levels. Mechanically, the 2020 Outback sees the welcome return of a turbocharged engine upgrade – good news for those living at higher elevations – but the overall driving experience remains familiarly comfortable yet drably uninvolving. The near-constant beeping and flashing of the car's over-eager standard safety nannies will at least keep you awake. The Outback's overall packaging also remains on par, boasting a more spacious and comfortable back seat than compact SUVs can manage along with a cargo area that's basically an unending void for your stuff. And if that's not enough, it has the most useful roof rails in the industry. Basically, if you need your utility vehicle for actual utility, the Outback remains a superior choice. The changes for 2020 just make it a more pleasant place for repeat customers and a more appealing alternative for those otherwise considering SUVs. What's new for 2020? The Outback was completely redesigned for 2020. What's the Outback's interior and in-car technology like? It's all about the screen. Nearly every 2020 Outback comes with a vertically oriented 11.6-inch touchscreen (and even that lone exception comes with a pair of 7-inch units, pictured above right). Its functionality isn't flawless, as the audio controls when using Apple CarPlay are compromised, and the colorful cartoonish graphics have an aftermarket look to them. Still, it's generally easy to use, read and reach. Feature content is excellent as well (see pricing and features section below). Unfortunately, typical for Subaru, stereo sound quality is poor in the standard four- and six-speaker systems. In terms of design, we can't say the new Outback is especially attractive, but at least an influx of better materials elevates the overall ambiance.