business

China rejects Fuji Heavy's joint venture plan: report

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© 2011 AFP

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Interesting conundrum for Subaru. You can argue that they need the Chinese market to grow. You can argue that they don't need the Chinese market to survive long term. Whatever. But it would be fun to see the blank expressionless faces on the Chinese bureaucrats when Fuji execs. go in to argue their point.

Payback?

0 ( +0 / -0 )

Good. I don't want my Subie built in China.

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why does toyota own 16.% of subaru? i mean fuji-heavy... that's a pretty high stake, no?

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^^ it's for selling them in the Chinese market, not elsewhere.

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I guess they don't know how to bribe the right people in China

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@ubikwit - GM sold it's stake in Subaru to raise cash, and Toyota bought some of it. Subaru make Camrys for them at their Indiana factory, giving them more work at a loss-making plant. They were also interested in Subaru's boxer engine, drive train and other technologies for the proposed Toyobaru FT86 sports car, a successor to the AE86. Subaru also got the marketing for the appalling DEX, a sort of sporty Kei Car based on the Toyota bB and Daihatsu COO/ Materia minicar.

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Anything made in China is junk junk junk!!!

-3 ( +1 / -4 )

Anything made in China is junk junk junk!!!

This is not what the article is about and besides you are wrong.

2 ( +2 / -0 )

china is an imitation country.^_^

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