Subaru Q1 Operating Profit Plunges 44% Amid Heavy EV Incentive Spending
Heavy subsidies for Solterra, Uncharted, and Trailseeker drag down earnings; Oizumi EV plant launch delayed to 2028
Latest news and developments from Japanese automakers including Toyota, Honda, Nissan, Mazda, Subaru, and Mitsubishi — covering new models, electrification strategies, and China market activities.
Heavy subsidies for Solterra, Uncharted, and Trailseeker drag down earnings; Oizumi EV plant launch delayed to 2028