Fuji Heavy, Parent Company Of Subaru, Forecasts 57% Profit Increase

Derek Kreindler
by Derek Kreindler

Fuji Heavy Industries, the maker of Subaru cars, forecasted a 57% increase in quarterly profits, as sales in the United States grew while costs were reduced.

Fuji Heavy also said that they will boost production at its Indiana plant from 100,000 to 131,000 units. The plant builds Subarus as well as Toyota Camrys, as Toyota owns a 16.5 stake in Fuji Heavy.

Speaking to Reuters, Chief Executive Ikuo Mori said that Subaru may need to take further steps if it keeps growing in the United States. “It’s not that simple to add capacity, but we may have to consider some steps if sales keep growing at this pace,” he said, adding suggesting that the India plant has the potential to be expanded.

Fuji Heavy is on track for an annual profit of $474 million, with shares up 15% since last year, making it one of the best performing auto industry companies in Japan.

[Source: Reuters]

Derek Kreindler
Derek Kreindler

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  • Lindsay bradwell Lindsay bradwell on Dec 02, 2010

    i have had 2 subarus both have had problems with either blown or worped head gaskets/ heads when i check the internet sites many have had the same i guess these people dont give a dam

  • Talal Obeidat Talal Obeidat on Jan 19, 2011

    I want to send a complaint about Proxy in a Subaru, Jordan and I want to communicate with directly responsible for the agents is very necessary, since the services showrooms very bad for the lack of professional sales in addition to the maintenance center Subaru failed in terms of place and stupid technicians where the car is not fixed and that The lack of interest in the development of management center and maintenance technicians. Please send a specialized team without the knowledge of the agent in Jordan (a surprise visit)as soon as you can. Note: The Proxy in a Subaru, Jordan is the sole agent for Renault - French, and Brilliance - the Chinese and other brand Chinese cheap and bad note that the Renault of interest to a very large comparable to Subaru doubles services from exhibitions and maintenance centers and sales staff well and offers a distinctive and Subaru displayed and maintained with the Chinese auto Unreliable way shameful and detrimental to the reputation of Subaru. I hope interest in the subject as too and I hope to be withdrawn from the Agency Group Hijjawi for a new agent can take care of and protecting the reputation and history of ancient Subaru. Subaru agent in Jordan: Al Hijjawi Group / address: Amman - al waha circle. Please reply through my e-mail as soon as possible Thank you very much and great gratitude. Please i need your address direct and Complaints Department for agents Subaru. PLEASE SAVE SUBARU IN JORDAN ........

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