Subaru to review $10 billion electrification investment plan, targets annual cost savings
People look at a 2026 Subaru Outback Wilderness at the New York International Auto Show Press Preview in New York City, U.S., April 16, 2025. REUTERS/Jeenah Moon
TOKYO :Subaru said on Monday it will review its previously planned 1.5 trillion yen ($9.95 billion) investment for electrification and aims to achieve 200 billion yen in annual cost savings by 2030 to offset U.S. import tariff impact.
The Japanese automaker said it plans to reallocate part of the investment beyond battery electric vehicles to strengthen development and production of hybrid and internal combustion engine models.
($1 = 150.7800 yen)
Source: Reuters
