Subaru postpones its planned 2028 launch of in-house electric vehicles due to declining demand for EVs, shifting focus to hybrids and gasoline cars.
Subaru postpones planned 2028 launch of its own EVs
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Automobiles
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China’s Leapmotor woos Germans with $57 monthly EV lease
Chinese EV maker Leapmotor launches a €48.90 monthly lease for its T03 model in Germany, supported by subsidies, aiming to attract German consumers.
Toyota plans to build $2bn Texas assembly plant
Toyota plans to build a $2 billion vehicle assembly plant in Texas, aiming for operation by 2030, as part of its North American expansion.
Honda’s hybrid future starts with new Accord and RDX prototypes
Honda reveals prototypes of new hybrid Accord sedan and Acura RDX SUV, signaling a shift in its electrification strategy and next-gen hybrid development.
Suzuki set to pass Honda as Japan’s No. 2 automaker, driven by India
Suzuki is on track to become Japan’s second-largest automaker this fiscal year, driven mainly by growth in the Indian market, surpassing Honda for the first time.
Japan’s Eneos to buy Chevron Southeast Asia fuel business for $2.17bn
Eneos Holdings will buy Chevron’s fuel marketing operations in Southeast Asia and Australia for $2.17 billion, expanding its presence in fast-growing markets.
Japan’s Eneos to buy Chevron fuel business for $2.17bn
Eneos Holdings will purchase Chevron’s fuel operations in Southeast Asia and Australia for $2.17 billion, expanding its presence in key growth markets.
China carmakers get most subsidies; US-sanctioned oil refiner also benefits
Chinese automakers received the largest government subsidies in 2025, while a US-sanctioned oil refiner also benefited, raising questions about policy and sanctions impacts.
Honda scales back aggressive EV push, overhauling fundamental strategy
Honda scales back its aggressive EV push, overhauls strategy, and projects returning to profit in FY26 amid ongoing losses.
Nissan forecasts first net profit in three years for FY26
Nissan predicts a 20 billion yen net profit for FY26, marking its first profit in three years amid restructuring efforts, according to company officials.
