Wednesday’s unconfirmed reports have Toyota nearly doubling its stake in Fuji Heavy Industries, which owns and manufactures Subaru vehicles. In 2005, Toyota acquired 8.7 percent of FHI, and it is expected to increase that stake to 17 percent shortly. The move would infuse FHI with about $275 million in cash that would be partly […]

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At the New York Auto Show last week, Subaru announced it would begin testing its R1e electric vehicle in conjunction with the New York Power Authority this summer. Two of the R1e vehicles will join the NYPA fleet, promising a 50-mile range that costs less than $2 in electricity, a 65 mph top speed […]

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