06 Sti 88k Miles Black on 2040-cars

Auto blog

Subaru, Mazda profits dip; both blame exchange rates

While some larger automakers took a beating on Q4 earnings, some of Japan's smaller operations managed to keep their heads just above water despite currency issues and slumping sales industry-wide. Subaru, which capped off its 11th consecutive year of U.S. sales increases, reported a 42-percent drop in operating profit in the final quarter of 2019; Mazda, which operates on an even smaller scale, saw a 76-percent drop.  Per Automotive News, both companies faced challenges apart from navigating currency exchanges.  Subaru Subaru's 2019 was marred by warranty costs stemming from repairs on high-volume models, including the Impreza and Crosstrek. Despite the drop in profit, company revenues only slid 2.3 percent. The company also says that it has managed to curtail incentive spending, largely thanks to replacement models that needed less help moving out of showrooms.  America remained a bright spot, with 2019 sales volumes increasing by nearly 3 percent over 2018. Subaru is hoping that figure will increase to 4.0 percent in 2020. Subaru's wholesale deliveries also increased in western Europe, but dropped precipitously (28 percent) in the company's home market.  Mazda The smaller Mazda faced similar challenges, but its 2019 lacked some of Subaru's more dramatic bright spots. Worldwide shipments of new vehicles dropped by 8 percent, aiding a revenue decline of 5 percent. Mazda's vehicles remained profitable on a per-unit basis, but only just.  Mazda has been undergoing aggressive cost-cutting measures, but even those were no match for reduced volumes and unattractive currency exchange rates.  Despite these challenges, both companies are keeping their earnings outlooks unchanged. The fourth quarter of 2019 represented the third quarter in both companies' fiscal years, which will end in March.  Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. 2020 Subaru WRX STI S209 | POV Drive

Subaru readying special-edition BRZ

Another week coming to a close brings another rumor of a potential hotted-up version of the Subaru everyone wants to turbocharge, the BRZ.
A fresh rumor out of the Car and Driver offices makes the claim that a new, special-edition BRZ model will be offered up within the next few months. Word is that the new model will not get similar upgrades to the recent BRZ tS (seen above) for the Japanese market, meaning we're likely in for a cosmetic update instead of a functional one.
The looks of the tS could still be in the cards, however, meaning swapped-out lip spoiler, wheels and even STI badging might be on the way.

Junkyard Gem: 2000 Subaru Legacy GT Limited Sedan

Due to the runaway success of the Subaru Outback wagon based on the third-generation Legacy, which appeared in North America for the 2000 model year, nearly all of the discarded 2000-2004 Subarus I find in my local Denver junkyards are these dime-a-dozen longroofs, mostly with H4 engines and automatic transmissions (though I do manage to run across the occasional rare H6 model). For a discarded example of the super-rare non-Outback Legacy GT sedan with manual transmission, I had to travel all the way to a Northern California car graveyard. Here it is! The GT Limited came with bigger brakes, faux-wood interior trim, and a bunch of winter-weather extras that probably weren't very useful in coastal California. All Legacies, wagon or sedan, had all-wheel-drive at this point. The "wood" didn't come from trees, but the leather did come from cows. I have a 2004 Outback wagon of this generation, complete with 5-speed manual transmission, and I must describe the driving experience and fuel economy as truck-like. Still, it has been very reliable during its 140,000-mile career and— when shod with proper winter tires— laughs off any kind of winter driving conditions Colorado can throw at it. If you're building a car-parts homemade boombox, be sure to get one of these weather-band-equipped Subaru radios. It's not a boombox party until you can listen to the robotic weather broadcasts. Although Americans seem less interested in sedans with each passing minute, Subaru still offers the four-door Legacy. Remember, the Outback wagon has always been based on the Legacy, not the other way around. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This car was built in Indiana, but we're going to look at the Japanese-market commercial for the turbocharged Legacy sedan because it's so action-packed. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. In Israel, the Legacy sedan swam with sharks in a parking garage.