Posted Monday, October 11, 2021 at 10:53pm
The entire automotive sector is struggling in the grip of the great 2021 chip shortage, and Subaru (OTC:FUJHY), which just reported its September sales results, is no exception. Sales plummeted 30% year over year last month.
But one significant fact mentioned in its latest report could be the key to an even stronger-than-expected rebound once the chip shortage eases. Customer response to its new Wilderness models is very positive, and that matches up well with current consumer trends.