Well, Fuji Heavy is disappearing...
05-13-2016, 11:09 AM
#1
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Well, Fuji Heavy is disappearing...
It was nice knowing you all these years...you have given us the STi and fun driving experience...
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...and now you will be known as Subaru Corporation!!!
LeftLaneNews Mobile Version
...and now you will be known as Subaru Corporation!!!
05-13-2016, 05:30 PM
#3
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"Fuji Heavy Industries Ltd., the Japanese parent company of Subaru, has announced plans to change its name to SUBARU Corporation. The new name is tentatively scheduled to go into effect April 1, 2017, pending shareholder approval.
FHI says it is changing its name to "enhance the Subaru brand and achieve even greater growth for Subaru as a distinctive global brand in the automotive and aerospace industries." Subaru is a flagship division for FHI, with the company's auto sales expected to top 1 million units for the fiscal year ending March 2017.
FHI dates back to the 1917 establishment of Aircraft Research Laboratory. A year later the firm was renamed Nakajima Aircraft Factory and was eventually incorporated as Nakajima Aircraft Co., Ltd. in 1931. The company was reorganized in 1945 as Fuji Sangyo Co., Ltd. and switched its focus from aircraft manufacturing to civilian goods. Fuji Sangyo was broken up into 12 different companies in 1950, with five of those firms eventually banding together in 1953 to establish Fuji Heavy Industries. Two years later FHI acquired and merged with its five founding companies.
When FHI began making automobiles in 1958, it settled on the Subaru name, which is Japanese for the Pleiades star cluster. That name was intended to represent the six companies that merged to created Fuji Heavy Industries."
FHI says it is changing its name to "enhance the Subaru brand and achieve even greater growth for Subaru as a distinctive global brand in the automotive and aerospace industries." Subaru is a flagship division for FHI, with the company's auto sales expected to top 1 million units for the fiscal year ending March 2017.
FHI dates back to the 1917 establishment of Aircraft Research Laboratory. A year later the firm was renamed Nakajima Aircraft Factory and was eventually incorporated as Nakajima Aircraft Co., Ltd. in 1931. The company was reorganized in 1945 as Fuji Sangyo Co., Ltd. and switched its focus from aircraft manufacturing to civilian goods. Fuji Sangyo was broken up into 12 different companies in 1950, with five of those firms eventually banding together in 1953 to establish Fuji Heavy Industries. Two years later FHI acquired and merged with its five founding companies.
When FHI began making automobiles in 1958, it settled on the Subaru name, which is Japanese for the Pleiades star cluster. That name was intended to represent the six companies that merged to created Fuji Heavy Industries."
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