On October 5, 2005
Toyota stated that it will purchase 8.7% of the shares of FHI from
General Motors. GM announced that it will divest its 20% stake in and eventually sever all ties with FHI. FHI has stated that there have been 27 million shares (3.4%) acquired before the start of trading by an unknown party on October 6, 2005. It has been speculated that a bank or perhaps another automaker was involved.
[5] Toyota announced a contract with Subaru on March 13, 2006.