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Subaru says suspends shipment of some models over engine sensor malfunction By Reuters

by Reuters
April 15, 2022
in Stock Market
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© Reuters. FILE PHOTO: The Subaru brand is seen on the New York Auto Present within the Manhattan borough of New York Metropolis, New York, U.S., March 28, 2018. REUTERS/Brendan Mcdermid

TOKYO (Reuters) -Japan’s Subaru (OTC:) Corp has suspended cargo of a few of its three primary vehicle fashions over an engine sensor malfunction and likewise plans to briefly halt manufacturing of the fashions, the corporate stated on Friday.

The automaker found the issue with the sensor within the CB18 engine utilized in its Forester, Outback and Levorg fashions, a spokesperson stated, including that manufacturing of fashions with that engine could be halted sooner or later, with out giving additional particulars.

About 54,000 automobiles with the engine have been offered in Japan since October 2020 and are for the market solely, the spokesperson stated, declining to touch upon the variety of automobiles affected by the cargo suspension.

Subaru has not determined whether or not to recall the automobiles and it might doubtless take 2-1/2 months earlier than cargo is resumed, the spokesperson stated. The corporate will proceed to supply and ship fashions that don’t use the CB18 engine, the spokesperson stated.

The malfunction with the sensor causes the engine to fail to start out and a warning signal to flash on the dashboard, the spokesperson stated.

Subaru’s shares fell 3% in morning commerce in Tokyo, after being deluged by promote orders on the open.



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Tags: enginemalfunctionModelsReuterssensorshipmentSubarususpends
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