SUBARU CORP. REDUCES GLOBAL PRODUCTION OVER CHIP SHORTAGE

Highlights –

• Subaru Corp. reduces global production over chip shortage.
• In Q1 2021 the automaker globally produced 61,000 vehicles.
• The car-making company is aiming to sell 1 million vehicles in fiscal 2021.
• Subaru's net profit fell 49.9 percent in fiscal 2020.

Japanese automaker Subaru Corp. on Tuesday reported that it had to reduce its global prod....