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Subaru is another Japanese automotive player which is suddenly turning turtle and announcing massive investments in electric powertrains. It has announced plans to build a dedicated EV assembly plant in 2027 as a part of a multi-billion dollar investment…
Subaru Corp on Monday posted a 15.7% rise in annual operating profit in the year that ended in March as it recovered from production delays and product recalls last year, but warned of uncertainties from the coronavirus outbreak this year. Profit was 210.3…
Subaru of Indiana Automotive unveiled its new Subaru Ascent, which will be manufactured at the automaker’s assembly plant in Lafayette, Indiana. To support the increased production, the company plans to create up to 200 new jobs by 2018. As an incentive,…
Subaru on Thursday posted a better-than-expected rise in its quarterly operating profit, buoyed by higher sales in the United States, its biggest market, where other Japanese automakers are struggling with slower demand. Operating profit at Japan’s No.6…
Subaru on Tuesday forecast a flat operating profit this year, undershooting market estimates and sending its share price lower, as the Japanese automaker expects rising incentive-related costs and research expenses to offset higher sales. Subaru, which…
Japan’s Fuji Heavy Industries said on Thursday it was recalling about 100,000 of its Subaru-branded vehicles in Japan to fix a problem with an air pump switch located in the main fuse box. The recall covers models including the Legacy and Imprezza, along with…
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