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Business trends

Subaru to withdraw from diesel cars by fiscal 2020

Japanese automaker shifting focus to electric vehicles

  © Reuters

TOKYO -- Japanese automaker Subaru is set to withdraw from production and sales of diesel cars, which the company currently sells in Europe and Australia, by the fiscal year 2020, sources said.

The company will focus its shift to electric vehicles amid a global trend of environmental regulation. France and the U.K. have decided to ban diesel car sales by 2040.

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