Subaru today announced the establishment of new business models. Under the new business collaborations with Toyota Motor Corporation (TMC) and Daihatsu Motor Co., Ltd. (Daihatsu), which were announced today, FHI will build a new auto-assembly plant in Oizumi-machi, Gunma prefecture, restructure its vehicle manufacturing operations, and reorganize the Subaru sales network for Japanese market.
FHI announced it will jointly develop a compact rear-wheel-drive sports car in collaboration with TMC. The new vehicle is to be manufactured all at FHI’s brand new plant which will be built in the
vicinity of Gunma Oizumi Plant where Subaru engines and transmissions are currently produced. The new plant is planned for operation in late 2011. The details such as investment amount, production capacity and models other than the jointly developed sports car are to be determined including further discussions with TMC.
The staff in Gunma Main Plant (Ota-City, Gunma prefecture) will be transferred sequentially to the new plant in line with the start of production of other future models. The manufacturing function of Gunma Main Plant will be consolidated into the new plant in future in accordance with timing of OEM supply of minivehicles to FHI by Daihatsu.