UPDATE 2-Fuji Heavy to focus on U.S. to lift mid-term profits

Newswire

(Recasts, adds details) By Chang-Ran Kim, Asia auto correspondent TOKYO, Feb 28 (Reuters) - Subaru car maker Fuji Heavy Industries Ltd. unveiled a new business plan on Wednesday that places greater importance on the U.S. market to help boost its operating profit by 60 percent in four years. Fuji Heavy, held 8.7 percent by Toyota Motor Corp. , has had to dramatically rewrite a five-year business plan that wraps up next month as sales fell far short of targets. Since taking the wheel ...

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