Fuji(Subaru) : Indiana Will Own Plant And Still Make Isuzu Autos

TOKYO -October 25, 2002; Dow Jones reported that Fuji Heavy Industries Ltd. will make Subaru-Isuzu Automotive Inc., an auto-making joint venture with Isuzu Motors Ltd., a fully-owned unit as of January 1, Fuji Heavy said Friday.

Fuji Heavy will buy the entire 49% stake Isuzu currently holds in the joint venture, based in Indiana.

Fuji Heavy will continue to make Isuzu and Fuji Heavy's "Subaru"-brand vehicles at the Indiana plant, Fuji Heavy said.

The company also said Isuzu will shoulder any loss resulting from the cancelation of the joint operations at Subaru-Isuzu.

Fuji Heavy and Isuzu will negotiate the details of the joint venture cancellation, aiming to reach an official agreement by mid-December, Fuji Heavy said.

Home | Buyers Guides By Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | New Car and Truck Reviews
Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2014 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | Affiliates

Send your questions, comments, and suggestions to Editor-in-Chief@theautochannel.com.

Submit Company releases or Product News stories to submit@theautochannel.com.
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: http://www.theautochannel.com/

*