Subaru Posts First Loss in 15 Years

May 10, 2009 0 Replies

Nante hazukashi! (How embarrassing!) Japanese car manufacturers show very bad manners and use red ink in their books. Fuji Heavy, makers of Subaru, posted its first net loss in 15 years in the fiscal year ended March, the Nikkei [sub] says. Resposible? The usual suspects: Sluggish consumption, tighter conditions, a drop in vehicle sales in all [...] Read More:

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