Subaru has announced a new five year business plan that will run through fiscal year 2016. The plan known as “Motion-V” is includes a plan to introduce three new models, plus a hybrid.
Little is known about the new models, but the first new model will be Subaru’s version of the rear-wheel-drive coupe that has been jointly developed with Toyota. The new hybrid is expected in 2013 that could be based off the Hybrid Tourer Concept from 2009.
The Motion-V plan is expected to help Subaru grow its sales to 900k units by 2016, which is up from the current projected 633,000 during the current fiscal year. Most of the growth is expected to come from the U.S. and China.
“Under the 5-year plan, FHI will grow its base of Subaru fans and customers by offering them its core values of enjoyment and peace of mind, which are established aspects of Subaru’s brand identity,” the company said in a statement. “In terms of product development, Subaru continues to build on its expertise in safety technology and driving performance while constantly addressing environmental issues in order to offer environmentally friendly solutions. In the next 5 years, its product lineup will be bolstered by the introductions of three all-new models and a hybrid vehicle.”