TOKYO (Reuters) -Subaru said on Monday it will review its previously planned 1.5 trillion yen ($9.95 billion) investment for electrification and aims to achieve 200 billion yen in annual cost savings by 2030 to offset U.S. import tariff impact.
The Japanese automaker said it plans to reallocate part of the investment beyond battery electric vehicles to strengthen development and production of hybrid and internal combustion engine models.
($1 = 150.7800 yen)
(Reporting by Daniel Leussink; Editing by Sonali Paul)
