2004 Subaru Forester Xt Automatic on 2040-cars

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Mark Higgins sets new Isle of Man record in Subaru STI

Subaru has done it again, setting a new four-wheel lap record around the 37.75-mile TT Mountain Course at the Isle of Man. Mark Higgins in a 2015 WRX STI rocketed through the country roads at an average speed of 116.40 miles per hour to circle the track in 19 minutes, 26 seconds, thereby beating his previous record of 19 minutes 56.7 seconds from 2011 in an STI.
According to Subaru, speeds during the lap ranged from as little as 30 mph to over 160 mph. The STI was mostly stock with the only major mechanical change being different springs and dampers to handle the course's famous bumps at such sustained high speeds. For safety, it also had a rollcage, racing harness, and fire suppression system.
"It was quite a lap we did today and I am really happy to have another record in the bank. The chassis of the new car is so much better it really allowed me to pick up time in each sector in the more technical parts of the course," said Higgins about the run in the Subaru.

Subaru posts 15.7% rise in fill-year operating profit

TOKYO — Subaru on Monday posted a 15.7% rise in annual operating profit in the fiscal year that ended in March as it recovered from a raft of product recalls last year, but warned that sales of its cars would take a hit from the coronavirus outbreak. Profit rose to 210.3 billion yen ($1.96 billion) for the year just ended, from 181.7 billion yen a year earlier under international financial reporting standards. It exceeded a consensus estimate of 204.7 billion yen profit drawn from 17 analysts polled by Refinitiv. Global automakers are struggling to recover from the coronavirus, which has pummeled car sales as shelter-in-place orders in many countries clobbered car demand, while plant workers had been left unable to commute to work. Though Subaru and its rivals have begun to restart vehicle factories, anaemic demand, supply chain disruption and social distancing measures at factories are expected to limit output in the coming months. "We saw a limited impact of the coronavirus on our results for the year just ended," Chief Executive Tomomi Nakamura told a teleconference. "But although we have resumed production this month, we are only operating one shift in Japan, and the pace of U.S. output has slowed significantly ... we see many uncertainties related to the virus." As a result, the maker of the Outback and Forester SUV crossovers declined to give an earnings forecast for the current business year, while it slashed its year-end dividend for the year just ended by 61% to 28 yen per share. Some analysts believe industry-wide global auto sales could slump by a third this year and that any recovery will be slow and patchy as job losses and reduced incomes weigh on consumer spending. Subaru, which earns two-thirds of its vehicle sales from the United States, acknowledged that it may take a hit in the coming months as its biggest market struggles get the coronavirus pandemic under control. The automaker saw a 3% rise in global vehicle sales in the year to March to 1.03 million units, bouncing back from last year, when a defective steering component and measures to improve inspection tests had stopped output for two weeks at its sole assembly plant in Japan. The process to restart its U.S. plants would take time, Subaru said, and it expects to produce only around 5,000 units this month, a fraction of last year's 40,000. The virus would result in a global production hit of around 150,000 units, it added.

Let's all take a moment to smile at this tiny Subaru van

The news is really depressing. You're stuck at home, hopefully working but possibly not. The kids home from school just ... won't ... calm ... down.  We need something to make us smile, so allow me to present a tiny morsel of happiness that is this 1993 Subaru Sambar Dias van currently up for auction on Bring a Trailer. One might call this a mini van if a minivan wasn't already a thing (and in no way mini any more), but the actual term is a "Kei-class van," referring the Japanese Kei class of vehicles that are teeny-tiny and capped at an engine displacement of 660cc. Some fun stuff: this Sambar Dias has beautifully maintained cloth upholstery with oh-so-Japanese lace covers for the headrests and upper seat backs. There are also rear captain's chairs, so really, the 1993 Subaru Sambar Dias is exactly like a 2020 Subaru Ascent Touring. It rides on 12-inch wheels, meaning you can use a Chicago deep-dish pizza as a spare tire in a pinch, and there are side wind deflectors because of a reason. There's a cassette deck and crank windows, but as the Sambar is roughly eight inches wide, it should be pretty easy to just reach over from one side to the other and roll'em down. Which is good news since, as a right-hand-drive car, that would otherwise be a pain in the lace-covered neck at drive thrus or parking garages. A 1993 Sambar would be from the nameplate's fifth generation, which perfectly spanned the 1990s. The "Dias" bit refers to the wagon version you see here as opposed to the commercial trucks and vans. There was also a Dias Classic, which is in a whole other league of wackadoo cuteness. Unlike any literal minivan in 1993, the Sambar Dias came with dual sliding rear doors -- Chrysler wouldn't introduce their dual-slider option until 1996. That rear-mounted 660cc engine produced 54 horsepower and is paired here with a five-speed manual transmission. There was an all-wheel-drive version, but that was apparently exclusively paired with the automatic.  There's actually one of these buddles of van joy in my neighborhood here in Portland, which like the entire Pacific Northwest, is a hotbed for oddball Japanese vans from the 1990s and earlier. The trend apparently started up in British Columbia where vans like the Mitsubishi Delica and Toyota Hiace started to be imported after the Canadian 15-year waiting period rather than the American requirement of 25.