2005 Subaru Legacy Outback Xt 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.

To the end of the world in a Subaru

On a quiet beach in southern Argentina, I stood in awe facing the Desdemona, a massive cargo ship that wrecked ashore in the mid-1980s and has remained untouched for the subsequent 30 years. In the intervening time, Desdemona was not vandalized, nobody broke her down and sold the parts for scrap, and unlike what you'd expect in the United States, no one set up shop to sell memorabilia in addition to a $5-beach entrance fee. This is only one of a thousand gorgeous vistas that make up Patagonia, the southernmost part of South America and, indeed, the end of the world. I was there to drive Subarus along dirt two-track roads and gravel highways on an epic journey from El Calafate to Ushuaia. Subaru would have you believe that this sort of rugged wilderness is the natural habitat for its cars. Whether or not that is a stretch, the Subies proved to be up to the task of trekking Patagonia. But I fully expected that from the get-go. What I didn't expect was how every part of this journey – the cars, the location, the people – would combine to form one of the greatest travel experiences of my life. View 85 Photos The end of the world. Patagonia is gorgeous, vast, brilliant. And those words don't even really do it justice. The plains, the lakes, the mountains, the forests all feel like every color is more vibrant, every detail is sharper. It's like looking at the world through an Instagram feed, and then realizing that every photo has the "no filter" hashtag. The journey started on Valentine's Day, with senior video producer Chris McGraw and I flying to Atlanta, followed by a 12-hour flight to Buenos Aires. That's where we met the rest of the group, and spent a day relaxing and exploring the Argentine streets and shops. "It's like looking at the world through an Instagram feed, and then realizing that every photo has the 'no filter' hashtag." But we still weren't at our start point. From Buenos Aires, we hopped a flight to El Calafate, about 1,500 miles southwest. It's a common entrance point to Patagonia for tourists and explorers because of its proximity to the Perito Moreno Glacier, a stunning site we visited the next day. Watch our earlier update video to see more about the glacier – an ice formation three times the size of Manhattan (and growing!). If Patagonia is on your bucket list of vacation destinations, this glacier is a mandatory stop. There's a boardwalk that runs along the lakes, leading right up to the face of the glacier.

2019 Subaru Forester vs. 2020 Honda CR-V Car Seat Test

We've had our long-term 2019 Subaru Forester Touring for some time now, and I've had my large son's car seat in it — and out of it, and back in it — a fair number of times. Installing a car seat over and over is a pain, but the Forester is actually a pretty good car for it. The rear seat is roomy, the door opening is large and the car seat is generally easy to install. For a few short days, though, I also had a 2020 Honda CR-V Hybrid in the driveway alongside the Subaru. Mostly stuck at home in quarantine, I wasn't getting a lot of chances to drive the two cars back to back, but comparing something like a child's car seat in each car is easy enough without unnecessary trips and potential exposure to coronavirus. So, with my son along for moral support, I lugged his car seat out of the garage and got to strappin'.  In terms of backseat roominess, the Forester and CR-V are competitive. On paper, they're very close, with the Forester offering 39.4 inches of rear legroom and 39.6 inches of headroom, and the CR-V providing 40.4 inches of legroom and 39.2 inches of headroom (the fact that I tested a Hybrid makes no difference). For each, I moved the front passenger seat forward to a reasonably comfortable seating position, keeping a sizeable gap between my knees and the dashboards, and eyed them up. They look damn near the same, each offering lots more space in the second row than my wife's 2013 Mercedes-Benz GLK that I'm usually putting the car seat into. Even the openings are close in size and shape, perhaps with the Forester getting a slight advantage in ingress/egress for one's feet, which matters little when installing the boy's Chair Force One (officially a Britax Frontier ClickTight). First, I tried the car seat in the Subaru. It's really easy. There's no angling the seat to wedge it in the door. Just walk up and plop it down. I thought for sure the Forester would take the win here, but when I went to put it in the CR-V, it was equally simple. Once installed, both still offer plenty of room behind the front seat for a child to swing their legs around without kicking the seat back. With just one child, we often find ourselves putting one of the rear seats down to accommodate more items, like when we're hauling gear up to our cottage for a vacation — or just going to Costco. If we're picking a side of the car, we usually put our boy on the passenger side.