Filed under: Japan, Plants/Manufacturing, Subaru, Earnings/Financials



Fuji Heavy Industries has just released a new five-year plan for Subaru under the banner "Motion-V," and the blueprint calls for at least three new models and a hybrid vehicle to be on dealer lots by 2016. The move is part of a strategy to draw in an ever-larger brand fan base in an attempt sell 900,000 units by that date - a 40 percent jump over current figures. That means increasing North American sales to 380,000 units and broadening its Chinese presence to 180,000 vehicles. Subaru sold 263,820 vehicles in the U.S. in 2010.

Still, the goals aren't quite as far-fetched as the Nissan Crazy Power 88 outline.

At least one of the new vehicles will be the upcoming rear-wheel drive Toyota collaboration and Subaru says both companies will continue their partnership over the next five years. Daihatsu will continue to supply Subaru with subcompact vehicles overseas and Subaru will continue to allow Toyota to manufacture the Camry in its Indiana facility. Hit the jump to have a look at the full "Motion-V" plan for yourself.Continue reading Subaru promises four new models by 2016

Subaru promises four new models by 2016 originally appeared on Autoblog on Thu, 07 Jul 2011 14:31:00 EST. Please see our terms for use of feeds.



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