Auto Industry
Industry: Email Alert RSS FeedGM, Subaru zero in on new vehicle ; Automakers hammer out details of 1st joint effort: An awd sport wagon.(Brief Article)
Automotive News, March, 2001 by Yamaguchi, Yuzo
TOKYO - General Motors and Fuji Heavy Industries Ltd. are nailing down plans for a jointly developed vehicle that could enter production at Subaru's Indiana plant by 2004 or 2005.
The vehicle, a sport wagon to be badged for both companies, would be the first concrete result of the alliance the two formed in December 1999, when GM bought a 20 percent stake in Fuji, the maker of Subaru cars. They have been promising close cooperation ever since but have provided few details.
``This year is the year when we should act with our partners,'' Takeshi Tanaka, Fuji's president, told reporters in January when he announced Subaru's 2001 sales plan.
At the Los Angeles auto show in January, GM showed an all-wheel-drive rally car concept that uses the...
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