This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Dive Brief: Subaru reported an operating loss of 36.4 billion yen ($233 million) for the quarter ending Dec. 31, 2025, as it felt the effects of several policy changes in the U.S., its biggest market, according to an earnings presentation. Tariffs altogether cost approximately 21 billion yen, while Subaru pointed to a 28 billion-yen loss due to “the impairment of envi ...