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Subaru adding first EV production line to catch up with rivals
May 12, 2022 04:51:45 AMSubaru's outlay shows the all-wheel drive specialist is finally turning its focus to full-electric vehicles after introducing its first serious contender, the Solterra crossover, only this year.
SUBARU'S TOMOMI NAKAMURA: Navigating shortages, EV transition
December 06, 2021 12:00:01 AMHe sees potential to quickly regain the brand's record U.S. sales pace. But first it must get past supply chain shortages.
Solterra electric crossover is pure Subaru inside, part Toyota outside
November 10, 2021 07:30:00 PMThe Solterra, Subaru's first global EV, offers the brand's trademark all-wheel-drive setup. But on the outside, it shares a lot with Toyota.
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 returns to profit in latest quarter on brisk U.S. sales
August 03, 2021 02:47:36 AMAutomaker could have sold more cars in the U.S. but inventory levels were very low, CFO Katsuyuki Mizuma said.
Can new Subaru Solterra EV win Tesla cross-shoppers?
November 15, 2021 12:00:01 AMThe 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 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 will attempt Nürburgring lap record with 1,000-hp racer
January 14, 2022 05:40:13 AMThe automaker's motorsports division will test the car at circuits in Japan and try to set a new lap record on Germany's famed Nürburging from 2023.
Subaru steps up R&D to meet age of EVs
August 14, 2021 12:00:01 AMThe brand plans to overhaul its product development strategy to boost its growing interest in an EV future.
Subaru regroups as unfilled orders soar
December 06, 2021 12:00:01 AMU.S. inventory has dipped to a super-tight five-day supply, and the all-wheel-drive niche brand is adding about 10,000 vehicles a month to a backlog of orders.
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.
Whopping rebound of profits in Japan
August 09, 2021 12:00:01 AMToyota notched all-time high quarterly operating profit in the April-June period, with record fiscal first-quarter results for net income, revenue and global retail sales.
Toyota marshals Team Japan to keep internal combustion alive in EV age
November 12, 2021 09:47:34 PMJapan's top automaker believes technological breakthroughs, such as hydrogen engines, can give internal combustion a new lease on life — saving jobs as well as the environment.
Japan automakers boost R&D spending, even as profits slow
May 23, 2022 12:00:01 AMJapan's automakers are stoking R&D investment to meet mounting demand for a staggering array of technologies. Toyota by far outpaces the pack.