Recent sales data has shown that while demand is still strong in China, the rate at which the market grows has slowed down a bit. This has prompted many automakers to try and find suitable area for growth elsewhere, and Russian has proven to be both more resilient now than it was when the economic crisis hit, and a good base of operations from which to expand.
Thus, Japanese automaker Subaru is likely to join the long list of others, including Ford, PSA and Hyundai-Kia, as they are to open a plant in Russia by the year 2015, according to Inside Line.
The news comes from Kazushi Yoshida, CEO of Subaru Motor, the official distributor of Subaru in Russia and Belarus. The logistics are not yet final, but the plant could be built in the country’s far East, with production volumes to sit at about 25,000 to 35,000 units per year.
The news comes from Kazushi Yoshida, CEO of Subaru Motor, the official distributor of Subaru in Russia and Belarus. The logistics are not yet final, but the plant could be built in the country’s far East, with production volumes to sit at about 25,000 to 35,000 units per year.