Fuji Heavy Industries Ltd. President Yasuyuki Yoshinaga said the maker of Subaru cars is preparing to begin talks to renew its contract to build Camry sedans, the best-selling car in the U.S., for Toyota Motor Corp.
While the company has orders to build the Camry until the model is overhauled in about four years, Fuji Heavy doesn't know whether Toyota will retain its services for the next generation of the midsize sedan, Yoshinaga said this week.
Fuji Heavy, which uses about a third of its U.S. manufacturing capacity for the Camry, needs to know soon to determine its own expansion plans, he said.