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Subaru puts China production on hold amidst slowing growth
Thu, Jan 22 2015Subaru's 2015 sales and production forecast estimates the Japanese brand to sell about 60,000 vehicles in China this year, a 10 percent rise. However, a recent decision not to build a factory there might make future growth more difficult. Given the changing state of the market, the automaker doesn't seem concerned by the potentially lost sales. According to Bloomberg, even if the Chinese government gave permission for Subaru to build its planned joint venture factory with Chery, the Japanese brand would not take advantage of it. "Since the profits are split with your partner, you would have to double the sales to maintain the profits you earn by exporting from Japan," said Akira Mabuchi, the company's executive in charge of China, according to Bloomberg. Subaru is in the odd position of being the only major Japanese automaker without a joint venture partner to build cars in China, but the massive year-over-year growth there seems to be slowing. Auto sales in China were up 6.9 percent in 2014, according to Bloomberg, compared to 14 percent in 2013. Also, Chinese consumers have been famously averse to buying Japanese vehicles with only half of the consumers there even willing to purchase one. Instead, the company is focusing on the US market, according to Bloomberg. The decision makes sense. While Subie's sales in China shrunk 2 percent in 2014 to about 55,000 vehicles, the company grew 21 percent in the US to 514,000 units. The automaker already has plans to add capacity to its factory in Indiana. News Source: BloombergImage Credit: Jae C. Hong / AP Photo Plants/Manufacturing Subaru
Subaru mulls motorsports return, nixes small CUV plans
Fri, 08 Aug 2014The Subaru WRX STI breaking the automotive lap record at the Isle of Man might be just the beginning of the headlines trumpeting a Subaru racecar. According to the latest rumors, the Japanese brand is looking at taking motorsports more seriously in the future. That could possibly even mean endurance racing at Le Mans.
According to Auto Express, the brand is mulling a greater participation in motorsport, but the big question is where. The World Rally Championship isn't a certainty because it now favors smaller cars like the Volkswagen Polo. Subaru still competes in series like Rally America and Global Rallycross, but there are bigger stages to play on.
What's interesting, is that this commitment to motorsports comes right as the automaker is denying plans to build a small CUV for its passenger car lineup. According to Auto Express, the company has no intention of developing a crossover smaller than the current XV Crosstrek. Even if the sales are there, it would just cost too much to develop. In the US, at least, the XV is doing great with sales up 42 percent in July.
Subaru Ascent crossover's roofline revealed
Tue, Nov 21 2017Just recently, Subaru announced that the new Ascent three-row crossover would be revealed at the L.A. Auto Show. Along with the announcement came a teaser that didn't reveal much of anything. Now Subaru has released a second teaser, shown above, that is significantly more generous. The teaser gives us a solid look at the roofline and greenhouse of the Ascent. In general, it looks very much like a taller, more squared-off Outback roof, particularly at the back. But it doesn't quite look as upright as the Forester. The top of the front fender has a more pronounced shoulder over the wheel arches than either of those Subarus, too. Based on past spy shots, we're expecting the rest of the Ascent to continue the "big Outback" look. Expect a similar hexagonal grille and chiseled sheet metal as the Outback and the rest of the Subaru line. We'll get our complete look at the new crossover on November 28 at the L.A. Auto Show. Related Video: