TOKYO -- Subaru profits plunged by nearly half in the latest quarter as the Japanese automaker felt the effects of crimped production and falling sales amid the global semiconductor shortage.
TOKYO -- Subaru profits plunged by nearly half in the latest quarter as the Japanese automaker felt the effects of crimped production and falling sales amid the global semiconductor shortage.
First-quarter net income slipped 6.6 percent to $2.8 billion, while revenue rose 2.3 percent to $44 billion.