TOKYO -- Subaru's earnings power, based on operating profit per unit, was the best among Japan's major automakers for the fiscal year ended March. And the company's cost-competitive "made in Japan" production sites are set to deliver high margins again in fiscal 2023.
Automobiles
Subaru rides 'made in Japan' supply chain to high margins
Low yen and strong U.S. sales bring stellar results for Japanese automaker
Subaru's Solterra EV is produced at a Toyota plant in Japan. The company aims to begin in-house EV production over the next several years.
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