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Article: FUJI HEAVY NIXES SPORTS CAR PLANT TO CUT CAPITAL SPENDING.
- Article from:
- AsiaPulse News
- Article date:
- January 19, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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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Article: Fuji Heavy weighed down by yen
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...Fuji Heavy Industries Ltd, which makes Subaru cars ... The stock fell to an 18-month low. Fuji Heavy had a loss of 2.49 billion yen (US ... the year ended March cut the value of Fuji Heavy's dollar- denominated sales. The ...
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