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Cars Guide
Subaru joins EV push-back after massive losses joining Honda and Ford in delaying important electric car plans
Executive Summary
Summary: Subaru has delayed its independently developed electric vehicle programme, joining Ford, Honda, and General Motors in postponing EV plans amid slower-than-expected market adoption. The Japanese manufacturer’s operating profit plummeted 90 per cent, with US tariffs and EV-related write-downs significantly impacting earnings.
Brands mentioned: Subaru, Ford, General Motors, Mercedes-Benz, Stellantis, Volvo, VW, Honda, Toyota
Read the original at Cars Guide
Subaru joins EV push-back after massive losses joining Honda and Ford in delaying important electric car plans
Brands Mentioned
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