
One of the auto industry's little guys is quietly emerging as one of its biggest when it comes to profit margins.
Fuji Heavy Industries Ltd., the maker of Subaru all-wheel-drive wagons, on Friday posted a 17.5% operating margin for its latest quarter, far exceeding larger Japanese auto makers and widely outpacing German luxury brands.
The company, which also makes airplane components, said net profit rose 61% from a year earlier as its strategy…





