2003 Subaru Forester Xs Awd 4dr Wagon on 2040-cars

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Subaru profits fall by half last year among recall maladies

Subaru took a financial beating last year, according to its freshly released earnings report. During the full fiscal year, which ended March 31, the carmaker's operating profits effectively halved. Net income dropped 33% to 147.81 billion yen, or $1.33 billion, and revenue fell 2.2% to 3.16 trillion yen ($28.5 billion). Subaru states that its operating income declined by 48.5% to 195.5 billion yen, or to about $1.78 billion. According to Subaru, this was not only due to a decrease in sales, but also due to recall campaigns. Total production decreased nearly 6% to 989,000 units, and production stoppages at the Gunma plant were partially to blame for that — but Impreza, XV and Levorg sales also sank. The redesigned Forester did start out well in the summer, but sales in the first half of 2018 were more modest with the outgoing generation still in the showrooms. The Gunma manufacturing plant, Subaru's sole factory in Japan, ground to a halt in January 2019 to remedy issues with Forester, Crosstrek and Impreza electric power steering units, and that cost Subaru nearly 10 days of production, corresponding to around 30,000 vehicles. Earlier, there was a 500,000-vehicle recall in Japan due to fraudulent final inspections. Automotive News also lists other recent Subaru maladies, such as a low-fuel warning recall and stop-sale for all U.S-market Outbacks and Legacys, and the earlier, global recall to repair valve springs on the boxer engines of 411,000 vehicles. This particular recall hasn't been problem-free, as there have been cases where subsequent engine failures on BRZ models have been suspected of having been caused by slapdash recall work. There is also a new, large-scale recall in the horizon for Subaru, as a brake light issue on 2008-2017 vehicles necessitates the recall of some 2.3 million vehicles. However, it's not all bleak for Subaru, as U.S. sales are going strong. The carmaker predicts 2019 will be the 11th straight record year, and U.S. retail sales climbed 7.7 percent in April, which was the 89th consecutive month with increased sales. But still, not all Subaru markets are equal: On the North American market, Subaru sold 717,000 vehicles during the past fiscal year, an enormous percentage of its total sales. News Source: Subaru via Automotive News Plants/Manufacturing Recalls Subaru

Subaru WRX STI Type RA-R has more power, less weight

Subaru is releasing yet another special high performance WRX STI that's only for its home, Japan. This time it's a variant of the WRX STI Type RA called the Type RA-R. Though it looks very similar to the version we get in the U.S., it has some key differences. Instead of the 310-horsepower 2.5-liter four-cylinder in ours, the RA-R has a 324-horsepower turbocharged 2.0-liter four-cylinder. It also produces 318 pound-feet of torque, a fair bit more than the 290 of ours. The Type RA-R also boasts additional weight savings. The company says it's about 66 pounds lighter than the WRX STI S208, another special STI similar to our Type RA. That model was already lightened thanks to a carbon fiber roof among other additions. Interestingly, the Type RA-R doesn't appear to have the Bilstein suspension of the S208 or the U.S. Type RA. It does still have Brembo brakes front and rear, though, with six-piston calipers up front and two-piston calipers in the back. Visually the Type RA-R looks fairly similar to its other special edition siblings. It has the extra "Cherry Blossom" red accents in the grille and the rear diffuser. It does have the option to go without the giant rear wing, though, for people who want the performance without shouting about it. The wheels are also downsized from 19 inches on the S208 and U.S.-spec Type RA to 18 inches. Unsurprisingly, this is a very limited edition vehicle. Only 500 will be sold, just like the U.S. Type RA. That is 50 more than the S208, though. The price before taxes is, at current exchange rates, about $41,500. Interestingly, that's a lower price than the American model. Of course it doesn't really matter because, as we already said, this car is for Japan only. Related Video:

Scion FR-S Convertible (in Toyota GT86 form) spied in South Africa

Though the eventual existence of a convertible version of the Toyota GT86 (and its Scion FR-S and Subaru BRZ versions for America) is a no-brainer, we've yet to get a glimpse of the real-deal car until now.
Spotted in Cape Town, South Africa, of all places, this completely undisguised GT86 convertible seems to be in a remarkably advanced state of development. The image seen here was obviously sniped from quite a distance and without the aid of a powerful lens, but we can still make out a production-ready looking piece of rear bodywork for the convertible top to hide away in, as well as a functioning trunk lid. It's hard to make out with any certainty, based on this evidence, but there does seem to be space retained behind the front seats for two, small rear chairs.
With the first car spotted, we'd expect to seem some more and better images of it flow through in the near future, and if not, Toyota has already confirmed a concept version for next month's Geneva Motor Show, dubbed FT-86 Open, so stay tuned. For now, click through to the FT86Club.com forum to have a slightly closer look at the images.