Archive for the ‘Subaru’ Category

Subaru Reports FY2019 Loss as Sales Fall, Incentives Rise

U.S. sales remain strong, but incentives jump.

by on May.10, 2019

Subaru is set to set a seventh consecutive annual sales record due to the new Ascent.

Subaru Corp. saw its operating profit fall 48.5% to 195.5 billion yen, or $1.76 billion in 2019. The drop came as a result of falling sales in its home market, higher incentives to move its vehicles and a jump in warranty costs.

The Japanese automaker’s net income slid 33% to 147.81 billion yen, or $1.33 billion, while revenue fell 2.2% to 3.16 trillion yen, $28.51 billion, for fiscal year 2019.

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The company’s financials were hurt in a variety of ways, such as worldwide wholesale volume falling 6.3% to 1 million units. Additionally, Subaru suffered to due quality problems at its plant in Gunma, which was forced to shut down for nearly two weeks. (more…)

You Probably Won’t Be Able to Pronounce Its Name, But Zotye is Betting You’ll Want to Buy One of its SUVs

Stealing a page from the Koreans – and undercutting them, in the process.

by on May.03, 2019

The Zotye T600 shown making its debut at Auto Shanghai last month.

At 69, Duke Hale has been selling cars, either at a dealership or working for an automaker, for 50 years, but he’s betting he can become a sort of automotive Pied Piper to Millennials and Gen-Z.

He and a team of aging Baby Boom industry veterans are getting ready to start selling what may become the first cars imported from a local Chinese carmaker. It’s no easy task, his California-based start-up, known as HAAH, is still pitching its idea to the dealers who will have to bet on a brand that’s not only unknown to American car buyers but which is saddled with the ungainly name, Zotye.

Beyond the Headlines!

Of course, it wouldn’t be the first time U.S. motorists were won over by a brand whose name they’ve had to struggle with. Think Hyundai, which Americanized its name to “Hun-day.” The Chinese brand, pronounced “Zoh-tee,” hopes it can lift some other pages from the Korean carmaker’s playbook, starting with a price low enough to make it an appealing alternative to a used vehicle.

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Subaru NYIAS Display Shows Commitment to National Parks

Automaker donated $2.1 million to parks in 2018.

by on Apr.22, 2019

Subaru is the National Park Foundation's largest corporate partner and its NYIAS display reflects that commitment.

Subaru of America Inc. has become the National Park Foundation’s single largest corporate partner.

“Through our partnership with the National Park Foundation, we have provided nearly $20 million in support since 2013, funding programs and projects in more than 100 national parks that help protect these treasured places and increase public awareness and engagement across the National Park System,” said Thomas J. Doll, CEO and president, Subaru of America Inc.

Auto Show News!

The automaker donated $2.1 million in 2018 through its Share the Love buying program where it donated $250 from the sale of every vehicle to the foundation. Through the 11 years of program it has raised $145.7 million. (more…)

Subaru Launches Best-Ever Outback SUV

Sixth-gen model gets new turbocharged Boxer option.

by on Apr.17, 2019

The 2020 Subaru Outback offers a new 2.4-liter turbocharged Boxer engine putting out 260 horsepower.

Subaru of America is known for its rugged, safe and practical vehicles, and the all-new 2020 Outback did nothing but burnish that reputation during its introduction at the New York International Auto Show today.

The sixth-generation Outback offers the most advanced features, design and capability in its history, the company proclaimed. The ute comes standard with Symmetrical All-Wheel Drive and Subaru’s EyeSight Driver Assist Technology.

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The top-of-the-line capability isn’t limited to its ride and handling performance. Buyers can get it with the tablet-style 11.6-inch Subaru Starlink Multimedia system with integrated center information display, DriverFocus Distraction Mitigation System.

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Subaru Teases 2020 Outback Ahead of NYIAS Debut

More than just a tall Legacy wagon.

by on Apr.10, 2019

The 2020 Subaru Outback will share the same, new global platform as the latest Legacy sedan.

Few products are more closely associated with a brand than the Subaru Outback. It arguably could be claimed that original model, launched in 1994, helped save what was then a deeply troubled brand.

So, there’s good reason to pay attention whenever a new or significantly updated version of the Outback comes rolling out, even as Subaru continues to expand its line-up of crossover models.

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The automaker isn’t sharing much about the new Outback, beyond the teaser image shown here. But, considering Subaru just remade the Legacy sedan, which shares much of the same underpinnings as the Outback, we’re expecting some big news when the crossover rolls out at the New York International Auto Show next week.

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Green Car Finalists Revealed

Focusing in on connected and Earth-friendly powertrain technologies.

by on Mar.07, 2019

The Tesla Model 3 is one of the vehicles up for the Connected Car award this year.

With automakers facing increasingly stringent mileage and emissions standards, automakers are rapidly ramping up production of more and more environmentally friendly products, from breakthrough gas engines like Mazda’s new SkyActiv-X to all-electric offerings such as the new Audi e-tron SUV.

Sorting out which products and technologies deserve notice can be challenging, but Green Car Journal has been honoring the best of the best with its decade-old Green Car Awards, recently adding several new categories to the list. And it announced today finalists in two of those categories, with winners to be revealed early next month at the annual auto show in Washington, D.C.

Breaking News!

The two awards focus on the technological side of the green car market, both in terms of connectivity and powertrains. Here’s a look at the finalists.

(Live from Geneva! Click Here for our complete auto show coverage.)

Finalists for 2019 Connected Green Car of the Year include: (more…)

Subaru Readying to Recall 2.3 Million Vehicles

Could be automaker's largest recall ever not including Takata.

by on Mar.01, 2019

Subaru halted production in Japan in January for two weeks due to a potentially faulty component, and is now facing recall of 2.3 million vehicles.

Just a little more than a month after Subaru Corp. shut down its plants in Japan due to quality issues, the automaker is expected to recall about 2.3 million vehicles globally due to a brake light problem.

Excluding the Takata recall, it would mark the maker’s largest recall ever. The company has been battling quality problems for the past few years as its sales have grown substantially. The two-week shutdown in January came as a result of a defective power-steering component.

The Last Word!

The part was used in Forester, Impreza and Crosstrek models. Many of those were shipped to the U.S. to be completed at the company’s plant in Indiana. (more…)

Subaru Storms Chicago with All-New Legacy Line

Seventh-generation gets new platform, new performance model, more.

by on Feb.07, 2019

The 2020 Subaru Legacy gets a bolder look with a more coupe-like roofline.

These days, SUVs and CUVs are all the rage, and Japanese automaker Subaru gets a large share of the credit for shifting public interest dating back to the introduction of its original Outback model.

But Subie isn’t through with passenger cars. Quite the contrary. We’ve seen updates to several models in recent times and now it’s giving a complete makeover to its flagship sedan.

Product News!

The 2020 Subaru Legacy starts off with an all-new platform that, the maker claims is far stiffer and boasts a lower center of gravity. There is a new foam-filled cross-member and the Subaru Global Platform adopts a new method for joining upper and lower bodies. Those technical details are intended to make the seventh-generation Legacy more agile, stable and quiet.

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Subaru Resumes Auto Production After Part Problem

Issue now resolved, company is back at full speed.

by on Jan.28, 2019

Subaru restarted production at its two factories in Gunma, Japan, after resolving a part defect issue.

Subaru resumed production at two plants in Japan after they were shut down for nearly two weeks due to a defect on a power-steering component.

The problem began in late December, according to the company, and involved the Forester, Impreza and Crosstrek models, but Subaru elected to halt production on other models assembled on the same lines. The shutdown began Jan. 16.

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The two factories in Gunma, north of Tokyo, were set to make 650,000 vehicles this year – two-thirds of Subaru’s total global output – before the shutdown. Many of those models produced on that line end up in the U.S., as it accounts for most of Subaru’s sales. (more…)

Subaru Slams on the Brakes at Japanese Plant

Potential part defect causes halt; U.S. plant not affected.

by on Jan.23, 2019

Subaru halted production at its plant in Japan several days ago due to a potentially faulty component. Its U.S. plant is unaffected at this point.

Subaru slammed on the brakes on production at its plant in Japan, which accounts for 60% of its global production, due to a potential defect in a power-steering component.

The Japanese automaker hopes to restart production by Jan. 28, after it determines the cause of the problem. The company put a halt to production the night of Jan 16 after the problem was discovered, according to the Asahi newspaper.

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For now, only the Forester, Impreza and XV (a Japan-only vehicle) appear to be affected, but the company is reviewing its processes to make certain since its other vehicles are also built on the same production line. (more…)

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