Toyota currently owns an 8.6% stake in Subaru's parent, Fuji Heavy Industries, and this is expected to grow because of a recent change to Japan’s antitrust laws that have paved the way for a full on takeover.
Also in the rumor mill is talk of a new Lexus dedicated hybrid model. Lexus’ Chief in the UK Steve Settle recently told Automotive News Europe that there is a hybrid-only Lexus in the pipeline for sale in Europe and Japan. Positioned above the IS, the new hybrid would be roomier than the entry-level sedan and also be the most affordable Lexus hybrid.
Have an opinion?
NaBUru38 Posted: 7/4/2007 11:31am PDT
Have an opinion?Join the conversation!