China: Fuji Heavy, Chery hit regulatory snag – report

Potential conflicts with Beijing's industrial policy could result in Chinese regulators blocking plans proposed by Fuji Heavy Industries (FHI) and Chery Automobile to produce Subaru-branded cars in China, a report carried by the Shanghai Securities News said. According to the newspaper, foreign vehicle manufacturers can operate local ventures with only two Subscribe to Automotive World … Continued

• By Webmaster
• September 16, 2011