
Toyota Motor Corporation and Subaru Corporation have announced today September 27, 2019, that they will enter a new business and capital alliance. The new alliance aims to strengthen the two marques’ already existing long-term partnership.
The collaboration aims to pursue the creation of even better cars that the two companies alone can’t undertake. The two companies will also jointly develop all-wheel-drive models that promise to bring the next generation of handling and performance. Another key point to come out of this alliance is the joint development of the next-generation Toyota 86 and Subaru BRZ. The BRZ and 86 are already due for a replacement as the platform being used has been in the market for over seven years now – a derivative of the older Impreza platform.
With the partnership being renewed, it confirms that the next-generation 86 and BRZ is in the works and that the 86/BRZ nameplate will not be going anywhere anytime soon. This also may be in response to Subaru discontinuing its popular EJ series of engines in favor of a new modern power plant. Other points of their partnership delve into the hybrid realm with the aim to create a Crosstrek Hybrid – that's the Subaru XV in our local market for the uninitiated. The application of Toyota’s hybrid system doesn't stop there as Subaru also plans to use it on other models in its line up.
Another key point to take from this Japanese car manufacturer partnership is that they are also aiming to develop autonomous driving. This partnership is also in response to the current demand for connected, autonomous/automatic, shared, and electric vehicles. While both companies already have their own version of driver-assist features, such as Toyota’s safety sense and Subaru’s Eyesight technology, having them co-develop an autonomous driving feature could lead to something even more potent.
Getting into the nitty-gritty of the partnership, Toyota will have a total of 20 percent voting rights in Subaru, while Subaru, on the other hand, will get shares from Toyota amounting to up to 80-billion yen.
Latest News
-
Here’s what happened when Nissan brought the Kicks e-POWER to a Graffiti Festival / News
Nissan Philippines joined the 2025 Meeting of Styles Philippines, turning the Kicks e-POWER into a one-of-a-kind street art piece. The event gathered artists from different countries and sho...
-
Hyundai Motor Philippines updates its Roadside Assistance program / News
Hyundai has updated its Roadside Assistance program, ensuring worry-free travel for new and existing customers.
-
Lynk & Co 900 breaks cover at Shanghai, will it catch on in the Philippines? / News
Lynk & Co officially launched the new 900 SUV at the 2025 Shanghai Auto Show, and top Philippine motoring media were there to get an early look. With over 40,000 pre-orders even before its o...
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Jerome Tresvalles · Sep 02, 2024
-
First car or next car, the Ford EcoSport is a tough package to beat
Jun 18, 2021
-
Car Maintenance checklist and guide – here’s everything you need to know
Earl Lee · Jan 12, 2021
-
Most fuel efficient family cars in the Philippines
Bryan Aaron Rivera · Nov 27, 2020
-
2021 Geely Okavango — Everything you need to know
Joey Deriquito · Nov 19, 2020
-
Family cars in the Philippines with the biggest trunks
Sep 20, 2023
-
Head to head: Toyota Rush vs. Suzuki XL7
Joey Deriquito · Oct 28, 2020
-
Why oil changes are important for your car
Earl Lee · Nov 10, 2020
-
2021 Kia Stonic — What you need to know about it
Joey Deriquito · Oct 16, 2020
-
Top 7 tips for buying a used car in the Philippines
Joey Deriquito · Nov 26, 2020