The brand is banking on its awd off-road cred to set its new Solterra EV apart from Tesla and other rivals as it tiptoes into electric vehicles.
Subaru's output fell 20 percent to 207,000 in the quarter, while deliveries plummeted 35 percent to 173,000 in the same period.
The 2023 Toyota bZ4X will have a lower sticker price than the 2023 Subaru Solterra, but Subaru still has almost all of its $7,500 federal tax credits for customers to use.
Does it make sense these days to invest in a new generation of small, gasoline-powered, modestly priced sports cars? Absolutely, say Toyota and Subaru.