2007 Subaru Impreza Wrx Sti Sedan 4-door 2.5l on 2040-cars

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Subaru cuts annual profit outlook on strength of yen, typhoon impact

TOKYO — Subaru lowered its annual profit forecast on expectations of a stronger yen and the impact on production from a typhoon last month, driving its shares down as much as 4.5%. Japan's smallest major automaker, one fifth of which is owned by top-ranked Toyota, cut its forecast for operating profit to 220 billion yen ($2 billion) for the year ending March 2020, from a previous forecast of 260 billion yen. Subaru revised its forecast for the yen to average 107 versus the dollar over the period, from 110 previously. A stronger currency eats into profits because cars exported from Japan become more expensive and the value of earnings made overseas decreases. The United States is Subaru's biggest market, accounting for about 60% of overall sales. Typhoon Hagibis forced Subaru to halt production at its factories in Gumna, north of Tokyo, for more than a week in October due to supply chain disruptions. The stoppage, which lasted until Oct. 25, resulted in lost production of 11,000 vehicles, Chief Executive Officer Tomomi Nakamura told a briefing in Tokyo on Wednesday. Hagibis was the worst typhoon to hit Japan in decades, leaving at least 80 people dead, according to national broadcaster NHK. "We have restarted production, but we couldn't return to full capacity immediately," Nakamura said. "Some of our suppliers' factories were completely submerged." Subaru also said vehicle sales rose nearly 20% in the first half of the fiscal year compared with a year earlier, driven almost entirely by an improvement in the United States amid strong demand for the Forester SUV crossover. Subaru shares were down 1% at 3,102 yen by 0440 GMT, after touching a low of 2,995.5 yen earlier.

BMW M5 and FCA's 5-year plan | Autoblog Podcast #544

On this week's Autoblog Podcast, Associate Editor Reese Counts is joined by Green Editor John Beltz Snyder and Consumer Editor Jeremy Korzeniewski. We talk about driving the Subaru Ascent and BMW M5, and discuss FCA's five-year plan and the Audi Q8. As always, we help spend a listener's cash on a new car in the "Spend My Money" segment. Autoblog Podcast #544 Your browser does not support the audio element. Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we've been driving: 2019 Subaru Ascent and BMW M5 FCA's five-year plan Audi Q8 Spend my money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: Podcasts Audi BMW Chrysler Dodge Subaru Car Buying Used Car Buying FCA subaru ascent

Next-generation Subaru Forester spotted with minimal camouflage

Though the Subaru Forester received a slight refresh last year, the crossover is due for a full redesign, since its bones date back to the 2014 model year. That redesign is coming soon though, as revealed by these spy shots. The crossover looks relatively similar to the current one, but it's completely new underneath. As for the outside, it's definitely an evolutionary design. The boxy shape and signature grille clearly derive from the current model. But there are changes. The prow doesn't slope back as much as the current one. Instead, it's nearly upright, and the corners are pushed forward, too. It gives the Forester a more truck-like appearance. The headlights also look as though they sit higher and wrap around more. The lower vents that were integrated in bumper creases on the current one appear to have disappeared, as well, perhaps for a more conventional front bumper. Moving to the side and the back, we can just make out some slightly more complicated surfaces on the flanks. They look a bit like the subtle creases found on the Impreza and the Crosstrek. The taillights also appear to be inspired by the new Impreza and Crosstrek. Rather than the small units in the body of the current Forester, the new lights extend into the rear hatch. Not only does this bring the crossover's styling in line with Subaru's other offerings, this may improve the size of the hatch opening, as Subaru says the Impreza's new lights did. Underneath the modest redesign should be Subaru's global architecture, which currently underpins the Impreza and Crosstrek. Our experience with both of those cars showed that the platform has yielded agile handling and solid ride quality. And if the Forester continues to offer a turbocharged engine, it should rectify the power (or rather, lack thereof) in the Impreza pair. The platform will also underpin the upcoming three-row Ascent SUV, which is expected to be released next year. With that in mind, and the near production-ready body, we'd say we'll see the new Forester revealed either at the end of this year, or early next year. Related Video: Featured Gallery 2019 Subaru Forester View 9 Photos Image Credit: KGP Photography Spy Photos Subaru Crossover