Fuji Heavy mulls car production
Fuji Heavy Industries Ltd, the maker of Subaru-brand cars, is likely to begin production in China starting on April 1, 2012 to meet demand in the world's fastest growing major economy.
The automaker will target annual sales of 100,000 units in the country, where industry-wide demand for cars may jump to 20 million units in 2011 from 17 million vehicles this year, President Ikuo Mori said in an interview in Tokyo on Tuesday.
An announcement will be made by the end of March, later than originally planned, he said.
