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- Oh Canada – Magna Q3 Sales Off but Net Earnings Up | AutoInformed on Magna Results Reflect Turmoil in OE EV Programs
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Tag Archives: Troy Poston
Milestones – Three Millionth Subaru Outback
The first-generation Outback, was a more expensive variant of the Legacy wagon, with two-tone paint, white-letter tires, large fog lights, and a raised roof. Equipped with a 2.5-liter Boxer engine, symmetrical all-wheel drive and 7.5 inches of ground clearance, it was a crossover support utility of sorts. During 30 years of production, Outback has won many awards and has been an Insurance Institute for Highway Safety (IIHS) Top Safety Pick for 16 years running (2009-2024). Renowned for its reliability, 97% of Outbacks sold in the last 10 years are still on the road today. Continue reading →
Subaru of America Posts Modest Sales Increase for October
Subaru of America, Inc. (Subaru Corporation NASDAQ: FUJHF) today reported 54,552 vehicle sales for October 2024, an increase of 1.5% compared with October 2023 (53,772). SOA also reported year-to-date sales of 548,164, a 5.2 % increase compared with the same period in 2023. This makes for 27 consecutive months of yearly month-over-month growth.
“October was a notable month for our retailers, partners, and the entire Subaru family,” said Jeff Walters, President and Chief Operating Officer, Subaru of America. “We helped thousands of shelter pets find homes through Subaru Loves Pets® events, responded to hurricane recovery needs, and celebrated significant race wins with the Subaru Motorsports USA team. These collective efforts are what inspire us to be More Than a Car Company®, pushing our commitment forward as a team.” Continue reading →