About the Subaru and Toyota joint venture
“Tokyo, April 10, 2008 – Fuji Heavy Industries Ltd. (FHI), the maker of Subaru automobiles, today
announced the establishment of new business models. Under the new business collaborations with Toyota
Motor Corporation (TMC) and Daihatsu Motor Co., Ltd. (Daihatsu), which were announced today … FHI announced it will jointly develop a compact rear-wheel-drive sports car in collaboration with TMC … The details … other than the jointly developed sports car are to be determined including further discussions with TMC.”