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Junkyard Gem: 1994 Subaru SVX
Mon, Jun 22 2020Before Subaru became best-known in North America for outdoorsy all-wheel-drive machinery (but after it was best-known for extreme cheapness), we got some wild-looking Subarus with strong overtones of science fiction over here. First, the wedge-shaped XT, XT Turbo, and XT6 arrived during the mid-1980s through early 1990s, with their video-game-style digital instrument panels and fighter-jet-joystick gearshifts. Starting in the 1992 model year, we saw the XT's replacement: the joyously weird SVX. The SVX cost plenty, especially when viewed against the backdrop of the super-cheap Subarus of the past, and not many were sold. Still, Coloradans love old Subarus, and I manage to find discarded SVXs here every now and then. Here's a screaming red '96, found in a self-service yard about 50 miles from Cheyenne. This was the first six-cylinder engine design put into production by Subaru and was essentially the Legacy's boxer four-banger with two extra cylinders. With 230 horsepower, the SVX was reasonably quick for its day. Unfortunately, Subaru didn't have a manual transmission that could handle the six's power, so all SVXs came with four-speed automatics. And, as it turned out, even that transmission didn't fare so well; transmission failures doom more of these cars than any other cause. You can swap in the manual out of a WRX if you have patience and money, and that's what some SVX owners have done in recent years. This one nearly reached 200,000 miles and the interior looks nice, so it was cared for during its life. Now this looks futuristic. List price for this car started at $29,995, or about $49,800 today. The cheapest Mitsubishi 3000GT cost $30,690 in 1996, and it had just 218 horsepower and front-wheel-drive, so the cooler-looking and quicker SVX seemed like the better deal. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. In its homeland, it was known as the Alcyone SVX. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. If you jump to 5:10 in this dealer-promotional video for the SVX, you'll see the street corner in Los Angeles where the irradiated corpse of J. Frank Parnell got incinerated in the film Repo Man. Featured Gallery Junked 1994 Subaru SVX View 15 Photos Auto News Subaru Automotive History Coupe subaru svx
Editors’ Picks January 2023 | Acura Integra, the new CR-V and more
Wed, Feb 1 2023A new year means another long year of testing and evaluating new metal coming from the automotive industry — we know, tough job, right? It also means another year of new cars making it to our EditorsÂ’ Picks status, and weÂ’re starting out January with a bang. In total, eight new vehicles were EditorsÂ’ Picks this month, including some brand-new models like the redesigned Honda CR-V, Cadillac Lyriq and the ever-controversial Acura Integra. In case you missed our previous Editors' Picks posts, hereÂ’s a quick refresher on whatÂ’s going on here. We rate all the new cars we drive with a 1-10 score. Cars that are exemplary in their respective segments get an EditorsÂ’ Pick designation. Those are the ones weÂ’d recommend to our friends, family and anybody whoÂ’s curious and asks the question. The list that youÂ’ll find below consists of every car we rated in January that earned an EditorsÂ’ Pick. 2023 Honda CR-V 2023 Honda CR-V Sport Touring front three quarter View 22 Photos Quick take: An all-around winner, the Honda CR-V is spacious, features easily used technology and looks better than ever. We recommend the efficient hybrid model, but the standard powertrain is a solid option, too. Score: 9.0. What it competes with: Hyundai Tucson, Kia Sportage, Mazda CX-5, Toyota RAV4, Subaru Forester, Nissan Rogue, VW Tiguan, Chevrolet Equinox, Ford Escape, Mitsubishi Outlander Pros: Clean styling; massive interior; efficient engine options; solid infotainment system; many standard safety features. Cons: No base trim levels; lack of specialty options such as plug-in hybrid and off-road models. From the editors: News Editor Joel Stocksdale — "The CR-V is just really good in a lot of ways that really matter. It's enormous inside. It has a clean, stylish exterior and interior. It's solidly equipped. The base engine is pretty underwhelming, but that's rectified with the more powerful, more refined and more efficient hybrid. It simply doesn't do anything badly." Senior Editor James Riswick — "The 2023 Honda CR-V is at its best as the hybrid. While the turbo base engine carries over virtually unchanged, the hybrid is new for 2023. To put it simply, itÂ’s just better to drive. Honda engineers managed to simulate shifts when the gas engine kicks on, providing a more natural driving experience and eliminating the blender-like droning of the outgoing car.
Subaru posts 15.7% rise in fill-year operating profit
Mon, May 18 2020TOKYO — 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.
