Posted Monday, November 9, 2020 at 9:53pm

Subaru profits surge despite pandemic hit

Profits at Subaru surged 18-fold in the latest quarter as the automaker rebounded from a year-earlier period when earnings were hammered by huge warranty costs.

The stronger results came even as sales took a hit due to the COVID-19 pandemic, but Subaru showed signs of recovering from that slowdown as well.