REFILE-Fuji Heavy, Chery agree on China Subaru deal -sources

Newswire

(Drops extraneous word "further" from last paragraph) BEIJING, May 24 (Reuters) - Fuji Heavy Industries has agreed in principle to make Subaru vehicles in northeast China with Chery Automobile, the country's largest independent automaker, two people with knowledge of deal said on Tuesday. The Chery tie, if it goes ahead, would give the Japanese automaker a foothold in the world's largest auto market, joining the ranks of General Motors and Volkswagen , which had already carved up a major ...

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