2011 Subaru Legacy 2.5i Premium on 2040-cars

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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.

2020 Subaru Outback First Drive Review | The big payoff

NEWPORT, Calif. — The 2020 Subaru Outback marks the sixth generation of a vehicle, first introduced for 1994, that is in no small part the lynchpin to its companyÂ’s current success. The Outback's sales have increased in every generation, with more than 700,000 sold in the most recent generation that started with the 2015 model year. Subaru doesnÂ’t expect things to slow down as it introduces the all-new 2020 Outback, which has undergone a major overhaul despite its familiar sheetmetal. The Outback has moved to the Subaru Global Platform (SGP), joining the Impreza and Forester on lighter, stiffer, and stronger underpinnings. If the 2019 Forester is any indication of how the SGP can improve a vehicle, this would mean the new Outback will also be calmer, quieter and more refined. Staging from the Inn at Newport Ranch on Northern CaliforniaÂ’s “Lost Coast,” with a day full of driving both on- and off-road, we were about to find out for ourselves if this would live up to our expectations. Our first driving stint was in an Outback Touring equipped with the lesser of two available engines. The naturally aspirated 2.5-liter boxer-four, with 182 horsepower and 176 pound-feet of torque, feels perfectly adequate for the driving we did at or near sea level, and climbs competently on steep grades. While it didnÂ’t perform passing maneuvers with a sense of urgency, we still felt comfortable overtaking slower vehicles when we had to. For daily driving somewhere like the California coast, or the suburbs of the Detroit, the more economical 2.5 (26 mpg city, 33 highway, 29 combined) would be our choice to live with. This is mated to a CVT, one programmed to “shift” like a traditional automatic, staying out of its own way, and providing a nice linear pull — without a rubber band type of feel — when you need to climb a hill. Paddle shifters on the back of the wheel give you a sense of more control, if thatÂ’s something you need. We rarely used them. If you live at higher elevations, need to tow up to 3,500 pounds, or just really miss the days of a turbocharged Outback, thereÂ’s now a 2.4-liter turbo-four available in the resurrected XT models. You sacrifice some fuel economy — 3 mpg across the board, 23/30/26 mpg — but get a significant power boost, with hardly any turbo lag and satisfying response. WeÂ’re certain customers whoÂ’ve graduated from the likes of a WRX to something that can better accommodate kids and dogs will appreciate the boost.

Subaru Crosstrek Baja Racer is a glorious blue and gold liveried masterpiece

Subaru just revealed its new Baja racer, and it's the coolest one yet. The Crosstrek Desert Racer is now sporting Subaru's traditional blue and gold livery that we all know and love from the many years it was plastered on Impreza-based rally cars. It's hard not to be nostalgic on this one, and we just had to share it. This Crosstrek, which bears about zero resemblance to an actual Crosstrek, is being run in the grueling Baja 500 off-road race through the Baja California Peninsula. Crawford Performance and Grabowski Brothers Racing are running the show, hoping to improve on their second-place finish from last year. The vehicle has a 2.5-liter naturally aspirated flat-four engine built to produce 300 horsepower. It's great to see Subaru continue to expand the blue and gold livery theme to more motorsports efforts. At the 2019 Detroit Auto Show we got to see the same livery on an STI rally car destined for competition. Now this beast of a Baja racer looks ready to strike fear into the hearts of its opponents just the same. The vehicle itself is rather insect-like in nature with the suspension and lights sticking out everywhere. There's still no word on whether the team will try for the big Baja 1000, or just stick to the 500 for 2019. Regardless, it looks supremely capable, and must be an absolute hoot to drive.