Subaru of America Inc. Confirms Production of New Crossover Vehicle
Subaru of America Inc. has announced plans to build a new crossover vehicle based on the ST-X concept vehicle unveiled at the Greater Los Angeles Auto Show earlier this year. The new vehicle will be produced at Subaru-Isuzu Automotive Inc. (SIA) in Lafayette, IN beginning in the third quarter of 2002 with annual production scheduled for 24,000 units.
Subaru-Isuzu Automotive also announced that Fuji Heavy Industries Ltd., parent company of Subaru of America, will build a new Subaru engine assembly plant at SIA in Lafayette, IN. Construction of the new engine plant will be a multi-step project, which will include an initial capital investment of $36 million for full assembly and partial machining. The new engine plant will create up to 255 new jobs.
SIA will assemble horizontally opposed 4-cylinder engines for future Legacy and Outback vehicles built at the Lafayette, IN facility. The new engine assembly operation will function as part of SIA’s Subaru division, and is scheduled to produce up to 114,000 engines per year.
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