The world's largest motor company, General Motors Corp., and Fuji Heavy Industries Ltd, the maker of Subaru cars, may tie-up in China as part of their joint alliance formed last year, says Bloomberg News (24/8/00).

According to the report, the move will allow GM, which already owns 21% of Fuji Heavy, to double its market share in the Asia-Pacific region to 10 per cent by 2004, equating to 240,000 vehicles per annum.

For Fuji Heavy, the Chinese alliance will boost utilization of its Chinese factory, which it currently uses at less than one-fifth of its capacity, says Bloomberg News.

Auto market intelligence
from just-auto

• Auto component fitment forecasts
• OEM & tier 1 profiles & factory finder
• Analysis of 30+ auto technologies & more