Latest news with #SubaruofAmerica
Yahoo
01-07-2025
- Automotive
- Yahoo
SUBARU OF AMERICA REPORTS JUNE SALES RESULTS
Best-ever June for Crosstrek CAMDEN, N.J., July 1, 2025 /PRNewswire/ -- Subaru of America, Inc. (SOA) today reported 46,515 vehicle sales for June 2025, a decrease of 15.8 percent compared with June 2024 (55,228). SOA also reported year-to-date sales of 321,775, a 0.2 percent decrease compared with the same period in 2024. Jeff Walters, President and Chief Operating Officer, Subaru of America, Inc.: "I want to thank our Subaru retailers nationwide for their efforts in June, working hard to connect with customers and build relationships that can last for the long haul. Our retailers were also recognized last month within our annual Corporate Impact Report, highlighting how we collectively continue to prioritize quality, safety, and community impact through the Subaru Love Promise®." Crosstrek maintained its position as the top seller and achieved its best June ever with 15,994 vehicles sold, a 5.7 percent increase over the same month in 2024. Forester was up 2.1 percent over the previous year with 11,343 vehicles sold, and Outback sales were close behind with 10,608 vehicles sold. Troy Poston, Senior Vice President of Sales, Subaru of America, Inc.: "Forester and Crosstrek have continued to shine through the first half of 2025, meeting customers' needs for safety, reliability, and longevity. Subaru retailers know that with our growing lineup, they can be a trusted resource, strengthening the Subaru family." Carline June-25 June-24 % Chg June-25 June-24 % ChgMTD MTD MTD YTD YTD YTD Ascent 3,095 5,020 -38.4 % 21,479 27,955 -23.2 % BRZ 206 243 -15.2 % 1,665 1,414 17.8 % Crosstrek 15,994 15,132 5.7 % 90,334 79,500 13.6 % Forester 11,343 11,108 2.1 % 95,972 92,849 3.4 % Impreza 2,055 2,464 -16.6 % 14,978 14,892 0.6 % Legacy 1,689 1,840 -8.2 % 11,158 9,450 18.1 % Outback 10,608 16,853 -37.1 % 73,257 81,703 -10.3 % Solterra 1,175 1,236 -4.9 % 6,501 5,385 20.7 % WRX 350 1,332 -73.7 % 6,431 9,295 -30.8 % TOTAL 46,515 55,228 -15.8 % 321,775 322,443 -0.2 % About Subaru of America, Inc. Subaru of America, Inc. (SOA) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc., the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise®, which is the company's vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $340 million to causes the Subaru family cares about, and its employees have logged over 115,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit Follow us on Facebook, Instagram, LinkedIn, TikTok, and YouTube. Dominick Infante Director, Corporate Communications (856) 488-8615 dinfante@ Diane Anton Corporate Communications Manager (856) 488-5093 danton@ Adam Leiter Corporate Communications Specialist (856) 488-8668 aleiter@ View original content to download multimedia: SOURCE Subaru of America, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Automotive
- Yahoo
SUBARU OF AMERICA REPORTS MAY 2025 SALES RESULTS
Best-ever May for Crosstrek Year-to-date sales up three (3) percent CAMDEN, N.J., June 3, 2025 /PRNewswire/ -- Subaru of America, Inc. (SOA) today reported 52,292 vehicle sales for May 2025, a decrease of 10.4 percent compared with May 2024 (58,356). SOA also reported year-to-date sales of 275,260, a three (3) percent increase compared with the same period in 2024. Jeff Walters, President and Chief Operating Officer, Subaru of America, Inc.: "Subaru retailers made May a best-ever sales month for Crosstrek, and delivered another strong month for Forester, which has been receiving exceptional rankings as a top choice for younger drivers. We know customers appreciate our commitment to safety and reliability, whether they are first-time owners or returning members of the Subaru family. This, along with being recognized as the No. 1 automotive brand on Forbes' Best Brands for Social Impact list for the third year in a row, makes it clear how deeply our efforts to be More Than a Car Company® are resonating with customers and beyond." Crosstrek took the position as the top seller and achieved its best May ever with 15,793 vehicles sold, a 14.1 percent increase over the same month in 2024, and Forester was close behind with 15,434 vehicles sold. Outback sales reached 11,214 vehicles sold, while BRZ, Impreza, and Legacy saw positive sales growth over the previous year. Troy Poston, Senior Vice President of Sales, Subaru of America, Inc.: "Our hardworking retailer network remains essential to our brand's success, especially as we work to address current low inventory on popular models like Forester. They are making sure the relationship doesn't end after purchase, whether it's taking the time to educate new owners about important features and technology, providing exceptional service, or their ongoing dedication to supporting local Subaru Love Promise® initiatives, our retailers always put in the extra effort." Carline May-25 May-24 % Chg May-25 May-24 % ChgMTD MTD MTD YTD YTD YTD Ascent 3,547 5,277 -32.8 % 18,384 22,935 -19.8 % BRZ 326 227 43.6 % 1,459 1,171 24.6 % Crosstrek 15,793 13,836 14.1 % 74,340 64,368 15.5 % Forester 15,434 15,345 0.6 % 84,629 81,741 3.5 % Impreza 2,457 2,419 1.6 % 12,923 12,428 3.9 % Legacy 1,793 1,527 17.4 % 9,469 7,610 24.4 % Outback 11,214 16,506 -32.1 % 62,649 64,850 -3.4 % Solterra 1,246 1,546 -19.4 % 5,326 4,149 28.4 % WRX 482 1,673 -71.2 % 6,081 7,963 -23.6 % TOTAL 52,292 58,356 -10.4 % 275,260 267,215 3 % About Subaru of America, of America, Inc. (SOA) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc., the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $320 million to causes the Subaru family cares about, and its employees have logged over 100,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit Follow us on Facebook, Instagram, LinkedIn, TikTok, and YouTube. Dominick InfanteDirector, Corporate Communications(856) 488-8615dinfante@ Diane AntonCorporate Communications Manager(856) 488-5093danton@ Adam LeiterCorporate Communications Specialist(856) 488-8668aleiter@ View original content to download multimedia: SOURCE Subaru of America, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Automotive
- Yahoo
SUBARU EARNS TWO AWARDS IN 2025 U.S. NEWS & WORLD REPORT BEST CARS FOR TEENS
Subaru wins awards for Best New SUV for Teens and Best Used Midsize Car 2025 Subaru Forester named Best New SUV for teens $35,000 to $40,000 2021 Subaru Legacy named Best Used Midsize Car for teens CAMDEN, N.J., May 30, 2025 /PRNewswire/ -- Subaru of America, Inc., today announced that two models were named to the annual U.S. News & World Report Best Cars for Teens report. The 2025 Subaru Forester was named the Best New SUV, priced between $35,000 and $40,000, while the 2021 Subaru Legacy was named the Best Used Midsize Car for new teen buyers and drivers. Jeff Walters, President and Chief Operating Officer, Subaru of America, Inc.: "We are proud to have Forester and Legacy recognized by U.S. News & World Report as recommended cars for younger drivers. Value, reliability, and safety are fundamental to the SUVs and cars we offer to our customers, and we're proud to be recognized again by U.S. News & World Report." To be named a Best New Car for Teens, vehicles must have exceptional reliability ratings, crash test scores, available advanced driver assistance features, and top critics' recommendations in its price category. Best Used Car for Teens winners were selected from 2020-2022 model years and must have exceptional reliability and safety ratings, affordable projected ownership costs, positive critical reviews, and available crash-prevention technology. Both Forester and Legacy have perfect five-star Overall Vehicle Scores from the National Highway Traffic Safety Administration. The Insurance Institute for Highway Safety recently named the 2025 Subaru Forester a TOP SAFETY PICK. Both vehicles feature standard Subaru EyeSight® Driver Assist Technology, which includes Automatic Pre-Collision Braking, Advanced Adaptive Cruise Control with Lane Centering, and standard LED Steering Responsive Headlights. Subaru vehicles also include teen driver controls or available smartphone features that send parents alerts when the car travels faster than a predetermined speed, drives outside a specified geographic area, or is driven beyond a specified time. These features enable parents to establish limits for teen drivers and initiate conversations about safe driving habits. Other available active safety features include Blind Spot Detection with Lane Change Assist and Rear Cross Traffic Alert, Reverse Automatic Braking, and DriverFocus™ Distraction Mitigation System. The 2025 Subaru Forester is available at Subaru retailers nationwide starting at $29,995 MSRP. About Subaru of America, of America, Inc. (SOA) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc., the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $320 million to causes the Subaru family cares about, and its employees have logged over 100,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit Follow us on Facebook, Instagram, LinkedIn, TikTok, and YouTube. Aaron ColeProduct Communications Manager856.488.3697acole1@ Miranda JimenezProduct Communications Specialist856.438.2820mjimen@ Karley DowdyProduct Communications Specialist856.488.8527mkdowdy@ View original content to download multimedia: SOURCE Subaru of America, Inc. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Jenkins Subaru presents check to United Way of Harrison and Doddridge Counties
BRIDGEPORT, (WBOY) — For the 11th year in a row, Jenkins Subaru has partnered with Subaru of America to make a big donation to the United Way of Harrison and Doddridge Counties. The donation was part of Subaru's annual 'Share the Love' event, and according to General Manager Matt Jenkins, the car dealership picks a non-profit in the local community to give the proceeds from this event to, and they always choose the United Way of Harrison and Doddridge Counties. 'We've always chosen United Way of Harrison and Doddridge Counties just because they have such an effect, you know,' said Jenkins. 'They have so many different agencies that come in for needs and it's hard for us to know exactly where that need is.' Jenkins said that the United Way of Harrison and Doddridge Counties vets all of the organizations that come to them for assistance, and they determine how many dollars should be allocated to each organization as the years go on. 'It's really nice to know that the money going in the community goes exactly where it needs to go, by the professionals who actually know where the need needs to be fulfilled at,' he added. Once the Share the Love program kicks off each year, Jenkins Subaru will give up to $500 per car when a customer buys a new Subaru. The dealership offers five to six different agencies for customers to choose from for the funds to go to, and Jenkins added that Subaru of America matches some of the money as well. 'We always obviously push them to our local United Way because we want the money to stay here local,' Jenkins told 12 News. 'To help our youth, people on Meals on Wheels, just really any type of need that needs to be fulfilled.' This year, Jenkins Subaru was able to present the United Way of Harrison and Doddridge Counties with a check worth $71,973. An event was held on Wednesday afternoon, where representatives from the car dealership and the Jenkins family presented this check to the organization. 'This is a tremendous day. Great appreciation to Jenkins Subaru for providing this, these funds today,' said United Way of Harrison and Doddridge Counties Executive Director Martin Howe. 'These funds will be utilized for the other non-profits, the partner agencies that we do support for Harrison and Doddridge County.' These are the best schools in West Virginia, new 2025 report says According to Howe, the money received will help partner agencies that promote education and health, as well as address homelessness and other worthwhile causes. Jenkins told 12 News that although a lot of local people may feel that their community doesn't have any needs, these needs still exist even if you don't see them. 'There is real need. I mean there's different areas that you see it more than others, but it doesn't matter where it's at, people need help,' he said. As a result of this need, Jenkins stated that it was important to him and his family to partner with Subaru of America for this initiative that's carried on in communities across the country. With every passing year, Jenkins stated that the community's needs can look different. 'It's not a one-size-fits-all strategy. With [United Way of Harrison and Doddridge Counties], it's nice to know that we can give them the money and it's gonna be deployed the way it needs to be year by year, case by case,' Jenkins added. 'So that's why we chose them and we continue to every year.' Jenkins stated that if anybody in the community wants to help support this initiative in the coming years, it's important to just do the right thing. 'It's not all about the money, it's knowing that the money we're putting in the community is actually getting to the community,' he added. 'Everybody has a budget, everybody has needs, everybody has the ability to give back in one way, shape or form.' According to Howe, it would be very difficult for the United Way of Harrison and Doddridge Counties to even come close to their goal without this annual assistance from Jenkins Subaru. 'It tremendously assists us as a non-profit, and we look forward to keeping partnerships going in the future for many different reasons–they're a great family, great company, great business, and they're just a great community partner,' he stated. Howe added that the United Way of Harrison and Doddridge Counties is always accepting donations, including people's services and volunteerism. 'To be able to get out and help the community members where they feel necessary' is a big part of the organization's mission, he added. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
20-05-2025
- Automotive
- Yahoo
Subaru Is the Latest Carmaker To Hike Prices in Response to Tariffs
New cars from Japanese automaker Subaru will reportedly increase in price by several hundred dollars in the coming weeks—and tariffs are the likely culprit. Officially, Subaru of America says it has "adjusted its pricing in response to current market conditions." That's what the company said in a statement to Reuters, which first reported on the price hikes. The biggest change to the market for imported cars, of course, is the 25 percent tariff that the Trump administration announced in March. At the time, the White House said the tariffs would incentivize domestic automobile manufacturing and reduce "American reliance on imports of foreign automobiles." The auto industry responded by pointing out that global supply chains are essential even for vehicles that are made in the United States and warning that the tariffs would likely increase sticker prices for consumers. That's what seems to be happening. Subaru is set to hike prices on its vehicles by between $750 and $2,000 each, depending on the model and trim line, Reuters reported. The news service cited a notice that was sent to Subaru dealers. Subaru is the second automaker to announce higher prices in response to the tariffs. Last month, Ford Motor Company announced that it would raise prices on three of its models by $2,000 apiece—just days after the company said tariffs would reduce its annual earnings by $1.5 billion, as Reason's Joe Lancaster reported at the time. Americans imported nearly 8 million cars in 2024, and the biggest sources of imported cars were Mexico, Japan, and South Korea. When asked in March if his plans for higher tariffs on cars would increase prices for American consumers, President Donald Trump said he "couldn't care less" if that was the outcome. Keep in mind that higher prices are just the most visible consequence of higher tariffs. There are other, unseen consequences, like the people who might have bought a new car this year, who will instead put off that purchase due to the higher prices. They will continue to drive an older, potentially less safe, less fuel-efficient, or simply less fun car instead. The car dealerships will make fewer sales. Ultimately, car manufacturers may see less demand for their products. In March, Cox Automotive predicted that there would be 700,000 fewer cars sold in America this year, a 4.3 percent decline from last year's total, as Americans pull back on spending due to the higher prices created by tariffs. This isn't Subaru's first tangle with high tariffs on vehicles imported to the United States. One of the most famous examples of so-called tariff engineering—that is, a legal way of dodging tariff costs by physically altering an imported product—involves a small pickup truck that Subaru used to manufacture. The Subaru Bi-drive Recreational All-terrain Transporter, or BRAT, was imported to the U.S. with seats installed in the pickup truck's bed, which allowed it to be classified as a passenger vehicle (tariffed at a rate of 2.5 percent in those pre-Trump days), rather than a small cargo truck (subject to a 25 percent tariff that dates back to the 1960s). Alas, with Trump's higher tariffs on all cars, there's likely no similarly easy and hilarious way for Subaru to dodge these taxes. Instead, they'll be passed along to buyers. The post Subaru Is the Latest Carmaker To Hike Prices in Response to Tariffs appeared first on
