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Subaru forecasts 540k US sales in 2015, 940k worldwide

In the past few years, growth for Subaru in the US has only been rocketing upward. The company went from selling 336,441 cars in 2012 to 513,693 in 2014, easily beating its own forecast. In fact with a 21 percent gain, the region was the automaker's largest expanding major market worldwide. The brand sees no reason for the strong inertia to stop in 2015 and thinks it can do even better. It actually looks like North America is going to play an even more important role in Subaru's future. According to the company's 2015 forecast, Japanese sales are expected to fall eight percent this year to an estimated 156,000 units. Meanwhile, growth in the US is estimated to climb to the tune of about five percent to a total of 540,000 vehicles. Canada should help things with a seven percent boost to 45,000 cars. The numbers mean that of the automaker's record 940,000 forecasted sales in 2015, roughly 62 percent could come from North America. To cope with the growing demand, Subaru intends to boost worldwide production and build 920,000 vehicles in 2015, an all-time record of it happens. Further out, the company's SIA factory in Indiana is getting an 18,000-unit expansion "during the first half period of FYE2017" to keep up with Legacy and Outback orders. Clearly, Subaru intends to gain even more ground in the coming years. Read below for its full forecasts. FHI Announces Production and Retail Sales Plans for CY2015 Automobiles Jan 16,2015 Tokyo, January 16, 2015 - Fuji Heavy Industries Ltd. (FHI), the manufacturer of Subaru automobiles, today announced its annual production and retail sales plans for calendar year 2015. 1.Production (Units in Thousands) 2014 Result '14 vs '13 2015 Plan '15 vs '14 Japan Production 696 +9% 700 +1% Overseas Production *1 193 +14% 220 +14% Global Production 889 +10% 920 +4% < Japan Production > In prospect of strong sales of the new Legacy and Outback being launched worldwide, Japan production is projected to be 700,000 units, which will be an all-time record for the 3rd consecutive year. < Overseas Production > With expected high demand for the new Legacy and Outback, overseas production is projected to be 220,000 units, which will be an all-time record for the 2nd consecutive year. < Global Production > Global production is projected to be 920,000 units which will be an all-time record for the 4th consecutive year. 2.

Subaru investigates possible mileage data cheating, shares drop

TOKYO — Subaru, already smarting from a vehicle inspection scandal at home, said it was now investigating whether mileage readings may have also been falsified during final checks, driving its shares down as much as 8 percent. Mileage readings, an indicator of fuel efficiency, do not fall under safety requirements. However, any proof of what would be a second instance of misconduct in as many months would taint the image of not only Subaru but also Japan's manufacturing industry, which has been rocked by a slew of scandals recently. Just last year, Mitsubishi Motors saw around 40 percent of its market value, or $3.2 billion, wiped out in three days after it admitted it had overstated the fuel economy of its minivehicles. Subaru on Wednesday said it was checking to see if any possible fabrication could have impacted its official mileage readings and if any exported models may have been affected. "At the moment we are trying to confirm whether data was indeed fabricated, and if so, how this happened and which models are affected," Subaru spokeswoman Miyuki Yasuda said. She added that any evidence of falsified mileage figures was unlikely to result in a recall as it would not constitute a violation of safety requirements. The mileage probe follows Subaru's revelation in October that uncertified staff had been for decades carrying out final checks that the Japanese government requires on new cars sold in the Japanese domestic market. The company this week vowed to improve oversight, but it did not mention any probe into mileage readings at the time. Subaru said reports of falsified mileage readings emerged as external investigators looked into the inspection scandal. Some inspectors told investigators that mileage data had been altered on some sample vehicle models tested during final checks. Subaru said it had not confirmed that any such fabrications had taken place. "Coming on the heels of the certified inspection issue, this could be a sign of a bigger problem of how Subaru manages its manufacturing operations," said Janet Lewis, head of Asia transportation research at Macquarie Securities. Subaru shares fell as much as 8.5 percent to their lowest since July 2016, before ending down 7 percent. The stock has given up almost 10 percent over the past two months amid the inspection scandal.

Subaru WRX S4 STI Sport # is a sharper, limited-edition WRX for Japan only

Depending on your nationality, age, and interests, the first association for the # symbol could be pound — for weight or the telephone, number, plain old hash or hashtag, or sharp for the musically inclined. Subaru Japan intends that last meaning for its new WRX S4 STI Sport #, because this is a sharper version of the mass-produced WRX S4 STI Sport introduced to the top of the range last year. Of note, this vehicle is a standard WRX, not a full-beans WRX STI. The differentiator is the "STI Sport" designation, which has also been applied to the Japan-market Levorg and BRZ, representing a model developed with input from Subaru Tecnica International. Last year's flagship trim picked up STI-tuned Bilstein DTMatic II inverted struts at front, STI-tuned conventional springs and dampers in back, 18-inch black wheels to go with black trim pieces like mirror caps and decklid spoiler, and a special interior with Bordeaux leather and ultra suede. Output from the 2.0-liter four-cylinder Boxer motor was left unchanged from the WRX S4 at 296 horsepower and 295 pound-feet of torque, shifting through the automaker's Sport Lineartonic CVT. The sedan costs 4,093,200 yen ($38,050 U.S.). The limited-edition WRX S4 STI Sport # displays a keener edge thanks to three STI components tested on the division's Nurburgring race cars — a flexible front tower bar, and flexible draw stiffeners for front and rear. All three components have been available on the aftermarket for a while, but their stock fitment is apparently new. The flexible tower bar looks like a typical strut tower reinforcement, but a pillow ball joint in its middle provides vertical elasticity. The bar maintains rigidity across the vehicle, but when the suspension needs a little give to work up and down, the pillow ball joint allows that. The flexible draw stiffeners are adjustable rods that connect a longitudinal frame member to a component on the cross-member, increasing chassis stiffness. STI says the three parts deliver faster steering response, reduced roll speed, and improved wheel tracking in the case of road ruts or crosswinds without compromising suspension suppleness. The Boxer sees some tweaks like a freer-breathing air filter and exhaust that raise torque by up to 10%, and sharpen throttle response. Thicker sound insulation in the floor and extra vibration-damping material in the spare tire well cut road noise for all occupants.