Article: FUJI HEAVY NIXES SPORTS CAR PLANT TO CUT CAPITAL SPENDING.

TOKYO, Jan 19 Asia Pulse - Fuji Heavy Industries Ltd. (TSE:7270) announced Friday that it is scrapping plans for a plant to produce a sports car jointly developed with Toyota Motor Corp. (TSE:7203), saying it aims to reduce capital spending by more than 20 per cent.

The company behind the Subaru ...

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