Type
Author
Subaru profit falls by almost half on chip shortage
November 05, 2021 05:53:43 AMSubaru CEO Tomomi Nakamura said the automaker was also hit by rising raw material costs. The automaker's global sales fell 13 percent to 200,000 in the quarter.
Subaru's quarterly profit hit by chip crisis as production, sales fall
February 07, 2022 04:56:35 AMSubaru's output fell 20 percent to 207,000 in the quarter, while deliveries plummeted 35 percent to 173,000 in the same period.
Subaru braces for first back-to-back U.S. sales declines since 1990s
November 25, 2021 06:43:34 AMCEO Tomomi Nakamura predicts rebound to 650,000 sales in 2022, but expects 2021 volume in Japanese automaker's most important market to fall short of 600,000.
Automakers in Japan get financial lift from exchange rate
November 08, 2021 12:00:01 AMA weakening yen has emerged as a windfall for the country's automakers, helping buoy results just when they need it most amid pinched production and derailed deliveries.
Toyota struggles with chip shortage while Nissan advances
February 14, 2022 12:00:01 AMJapanese carmaker financials show how the COVID pandemic and the chip shortage continue to challenge them — despite positive fundamentals.