News
Posted Friday, February 5, 2021 at 11:16pm
Subaru reported a 17 percent profit increase in the latest quarter as the automaker rebounded from the pandemic slump and booked lower warranty costs. In the fiscal third quarter ended Dec. 31, Subaru’s operating profit climbed to 67.6 billion yen ($654.8 million), from 57.8 billion yen ($559.9 million) the previous year. In reporting financial results on Friday, the automaker also said net income increased 16 percent to 50.5 billion ($489.2 million) in the three months,… Read More →
Posted Thursday, February 4, 2021 at 11:15pm
Subaru of America CEO Tom Doll is very bullish about sales this year. He speaks on “Bloomberg Markets.” Read More →
Posted Thursday, February 4, 2021 at 11:14pm
Yahoo Finance’s Alexis Christoforous and Tom Doll, Subaru of America, Inc. CEO and President, discuss how the company is recovering from the pandemic as it pledges 100 million meals to Hunger Relief Organization Feeding America. Read More →
Posted Thursday, February 4, 2021 at 11:12pm
The next-generation 2022 Subaru WRX looks set to reach Australian showrooms around this time next year. CarAdvice understands the fifth generation of Subaru’s rally-inspired performance icon will go on sale in Australia in the first quarter of 2022 – a number of months after it was initially rumoured to touch down locally, thanks to pandemic-related delays but just six months after it’s expected to hit Japanese showrooms, in August. When it goes on sale, it’ll… Read More →
Posted Wednesday, February 3, 2021 at 10:36pm
Subaru’s racing efforts are renowned by enthusiasts far and wide, as the underdog Japanese brand scored legions of fans—and championships—during the 1990s and 2000s as one of the dominant players in World Rally Championship (WRC) competition. (Its wide lineup in the Gran Turismo PlayStation game series didn’t hurt, either.) In short order, four-wheel drifting glory became a key part of its identity, fostering tons of press and boosting global sales of the company’s all-wheel-drive turbo… Read More →
Posted Wednesday, February 3, 2021 at 9:37pm
Maybe it’s the influence of Subaru’s lengthy rallying history, but getting the S209 to turn a hot lap requires approaching corners with way too much speed and just chucking it in. These are not the tidy lines or slow-in-fast-out lessons racing-school instructors draw on whiteboards. Read More →
Posted Monday, February 1, 2021 at 10:30pm
Five people were injured following a crash in Big Cottonwood Canyon, Utah on January 24, with the entire incident being caught on the dashcam of a nearby vehicle. The video shows the driver of a large pickup truck traveling up the mountain lose control of the vehicle around a gentle bend. Unable to recover the out-of-control truck, the driver rams into a Subaru traveling in the opposite direction, pushing it over the edge and down… Read More →
Posted Friday, January 29, 2021 at 10:27pm
Subaru, however, announced last year that it plans to become carbon neutral by 2050. Okay, all of these carbon neutral goals are well and good, but what does this mean in the real world. In Subaru’s case, it means that the next WRX STI, due to land in showrooms in spring 2022, will be the last pure gasoline-powered — and turbocharged of course — car the brand makes. Forever! That’s it. Read More →
Posted Thursday, January 28, 2021 at 10:26pm
Subaru of America, Inc. today announced that the Human Rights Campaign has awarded the automaker a score of 100 percent on its Corporate Equality Index, making it the fifth consecutive year and eighth year overall that SOA has earned top marks on the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. Read More →
Posted Monday, January 25, 2021 at 10:40pm
Taiwan’s Ministry of Economic Affairs said on Sunday it has received requests through diplomatic channels to help ease a shortage of chips for the auto sector and that it has asked local tech firms to provide “full assistance.” Automakers around the world are shutting assembly lines because of a global shortage of semiconductors that in some cases has been exacerbated by the former Trump administration’s actions against key Chinese chip factories, according to industry officials. Read More →
