Streetbeat News

FUJHY

Subaru Corporation

https://www.subaru.co.jp/

CEO

Tomomi Nakamura

Open

7.85

Mkt cap

12B

Volume

33K

High

7.85

P/E Ratio

4.55

52-wk high

11.76

Low

7.79

Div yield

0.02

52-wk low

7.63

Subaru reported its H1 revenue increased to ¥2,266.2 billion from ¥2,213.5 billion year-over-year, and its EPS rose to ¥219.08 from ¥198.58 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:08 am

Toyota, Subaru, and Mazda are collaborating to develop carbon-neutral engines optimized for electrification. This initiative aims to integrate electric motors, batteries, and other components while enhancing vehicle design and meeting emissions regulations. The companies are also exploring various carbon-neutral fuels.

Portfolio Pulse from Shivani Kumaresan

May 28, 2024 | 12:16 pm

Subaru of America reported a 1.8% increase in vehicle sales for December 2023, with 57,764 vehicles sold compared to December 2022. The year-end sales for 2023 were up by 13.6%, as detailed in their press release.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 6:06 pm

The United Auto Workers (UAW) union has launched a campaign to unionize workers at 13 non-union automakers in the U.S., targeting nearly 150,000 workers from companies like BMW, Honda, Hyundai, Lucid, Mazda, Mercedes-Benz, Nissan, Rivian, Subaru, Tesla, Toyota, Volkswagen, and Volvo. UAW President Shawn Fain, after securing contracts with GM, Ford, and Stellantis, is looking to expand the union's reach beyond the 'Big Three' Detroit automakers by 2028. The UAW's membership has declined over the years, but recent successes have led to wage increases at non-union companies, known as the 'UAW bump.' Past efforts to unionize at foreign-based automaker plants and Tesla's Fremont plant have seen limited success.

Portfolio Pulse from Michael Cohen

November 29, 2023 | 10:37 pm

Tesla CEO, Elon Musk, has expressed approval of Subaru's decision to adopt Tesla's North American Charging Standard (NACS) starting in 2025. This move is part of Subaru's larger goal of having 50% of total global sales to be Battery Electric Vehicles by 2030. Subaru's decision marks a significant step towards standardization in the EV charging infrastructure.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 5:47 am

Subaru of America reported a 23.4% increase in U.S. sales for September 2023, with 56,335 vehicles sold compared to the same period in 2022.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:17 pm

Tesla's approval rating slipped to a net negative score of 1.4% and dropped 50 spots to 62nd position in the Axios Harris Poll 100 list of top US companies by reputation. The EV maker scored the least on character, citizenship, and trust, while performing well on products & services and vision.

Portfolio Pulse from Shanthi Rexaline

May 24, 2023 | 12:56 pm

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