Subaru Profits Slip Despite Steady Sales; Self-Betterment and Currency to Blame

After several years of record growth, a combination of increasing costs and exchange losses forced Subaru's operating profit to fall by 27 percent in its recently ended fiscal year. No longer Fuji Heavy Industries, and now focusing primarily on automotive product, Subaru Corporation announced its operating income had dipped to $3.69 billion in April. Net income […] The post Subaru Profits Slip Despite Steady Sales; Self-Betterment and Currency to Blame appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA