Pearl White 2002 Subaru Outback Base Wagon 4-door 2.5l 113k Miles on 2040-cars

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Subaru profit climbs 48% on strong crossover sales in first quarter

TOKYO — Subaru reported a 48% increase in first-quarter operating profit on Monday as global sales grew, led by demand for the Ascent and Forester SUVs in the United States. The smallest of Japan's major automakers posted an operating income of 92.2 billion yen ($870 million) for April-June, versus 62.1 billion yen a year earlier and an average estimate of 65.6 billion yen from eight analysts polled by Refinitiv. Sales in the United States, by far Subaru's biggest market, rose 20%. It accounts for about 60% of Subaru's overall sales. The maker of Legacy sedans and Forester SUV crossovers maintained its forecast for operating income at 260 billion yen for the year to March 2020, up 45% from a year earlier. The previous fiscal year was marred by a string of recalls, production stoppages and inspection improprieties that cut the automaker's earnings in half. Subaru reiterated its annual forecast for global sales of 1.06 million vehicles. It also left unchanged its assumption that the yen will average 110 against the dollar over the course of the fiscal year, versus 111 last year. A stronger currency eats into profits because cars exported from Japan become more expensive and the value of earnings made overseas decreases.

2019 Subaru Forester: Refined by evolution

Here it is, the all-new 2019 Subaru Forester, a lot like it was before, and a lot different. Spy shots clued us in to evolutionary exterior on this fifth generation, which Subaru dubs "a more rugged style." Taking cues from the Ascent, instead of bodysides decorated with a couple of character lines, Subaru designers stressed the sculpture of the entire span. In front, A larger, black gloss-finish grille cuts deeper into the bumper from the top. The headlight housings carry over in shape, but now hold LED lamps standard on all trims. Along the sides, punched-out wheel arches frame an angled shoulder that cuts into the C-pillar and wraps around the side glass. Design tweaks and the move to Subaru's Global Platform bring a 1.2-inch longer wheelbase and 1.4 more inches of rear legroom. Occupants up front sit in new, more comfortable seats and enjoy more space in the center tunnel thanks to an electronic parking brake. In back, wider rear door openings and a steeper C-pillar allow easier ingress. The tailgate opening increases by 5.3 inches in width, onto a squarer cargo area with a flatter floor and a standard cargo tray. An interior LED illuminates the load bay when the tailgate's open, an exterior floodlight shines outside the rear of the crossover. Lower the rear seats and access 76.1 cubic feet of loading room, 1.9 cu. ft. more than before. The carmaker says you can put golf bags in the car sideways without needing to tilt them, an arcane, yet commendable, achievement. A trim shakeup adds a new variant, the lineup being Base, Premium, Limited, Touring, and a new Sport model. Base and Premium ride on 17-inch wheels, the others get 18-inchers. All Foresters are powered by an "enhanced" version of the present 2.5-liter boxer four-cylinder with direct injection, higher compression, and active exhaust valve control. The engine now makes 182 horsepower, a 12-hp improvement, and 176 pound-feet of torque, a 2-lb-ft improvement. For you Forester experts, that means yes, the 250-hp, 2.0-liter turbocharged engine vacates the premises. Every trim gets a Lineartronic CVT and stop/start. Touring and Sport models get a manual mode and paddle shifters, mimicking a seven-speed gearbox. The Subaru Intelligent Drive (SI-DRIVE) offers Intelligent and Sport drive modes (Sport Sharp on the Sport trim); Intelligent prioritizes fuel economy, Sport maximizes thrills. Fuel economy reaches as high as 33 miles per gallon on the highway, depending on trim.

Automakers drop support for Trump effort against California emissions

WASHINGTON — Toyota, Fiat Chrysler (now known as Stellantis following its merger with Peugeot) and other major automakers said on Tuesday they were joining General Motors in abandoning support for former President Donald Trump's effort to bar California from setting its own zero emission vehicle rules. The automakers, which also included Hyundai, Kia, Mitsubishi, Mazda and Subaru, said in a joint statement they were withdrawing from an ongoing legal challenge to California's emission-setting powers, "in a gesture of good faith and to find a constructive path forward" with President Joe Biden. The automakers, along with the National Automobile Dealers Association, said they were aligned "with the Biden administrationÂ’s goals to achieve year-over-year improvements in fuel economy standards." Nissan in December withdrew from the challenge after GM's decision in November shocked the industry and won praise from Biden. On Monday, the Justice Department asked the U.S. Appeals Court for the District of Columbia to put the California emissions litigation on hold to "ensure due respect for the prerogative of the executive branch to reconsider the policy decisions of a prior administration." Biden has directed agencies to quickly reconsider TrumpÂ’s 2019 decision to revoke CaliforniaÂ’s authority to set its own auto tailpipe emissions standards and require rising numbers of zero-emission vehicles, as well as Trump's national fuel economy rollback. Asked to respond to the automakers' action, White House climate adviser Gina McCarthy said in a statement that "after four years of putting us in reverse, it is time to restart and build a sustainable future, grow domestic manufacturing, and deliver clean cars for America." California Governor Gavin Newsom praised the automakers on Twitter for "dropping your climate-denying, air-polluting, Trump-era lawsuit against CA" and urged them to join the voluntary framework. TALKS WITH BIDEN Separately, an industry trade group on Tuesday proposed to start talks with Biden on revised fuel economy standards that would be higher than Trump-era standards but lower than ones set during the prior Democratic administration. The Trump administration in March finalized a rollback of U.S. Corporate Average Fuel Economy standards to require 1.5% annual increases in efficiency through 2026, well below the 5% yearly boosts under the Obama administration rules it discarded.