Though the Chinese government recently nixed its proposed joint venture with Chery, Subaru has not given up on manufacturing cars in China.

Fuji Heavy Industries president Yasuyuki Yoshinaga said the company wants a factory in China able to make 150,000 vehicles a year, reported the Beijing Morning Post.

Yoshinaga said the company will be expanding global sales to 900,000 units by 2016 with the US market – where some models are made locally – accounting for 350,000 units.

Various new vehicles will be launched by the company starting with the XV crossover [first exports to Australia – ed], BRZ sports car [the JV with Toyota] and the manufacturer’s first hybrid being among the first offerings.

Fuji Heavy had inked an agreement with Chery in 2010 but their proposal was rejected by the National Development and Reform Commission.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.