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MarketScreener Homepage  >  Equities  >  Tokyo JASDAQ  >  Subaru Co., Ltd.    9778   JP3399750003

SUBARU CO., LTD.

(9778)
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Subaru Canada: Scorching Hot Record Sales in August; Best August sales ever with 5,276 vehicles sold, up 11.5 per cent; Ascent, Forester and Outback set new sales records for August; Atlantic, Quebec and Ontario celebrate new August sales milestone

09/02/2020 | 11:37am EST

(MISSISSAUGA, ONT.)- Subaru Canada, Inc. (SCI), marks a heat wave in sales with record August results, retailing 5,276 units this month. Outstanding sales of the Ascent, Outback and Forester led to the 11.5 per cent uptick as compared to the same time last year.

Subaru's sales performance represents the brand's best-ever August with the sales total marking a 11.5 per cent increase compared to the same period last year. Following a record July as well, SCI carries a strong energy into September 2020.

'We cannot be more pleased as we continue to deliver tremendous value, safety and reliability to our customers in August,' explained SCI chairman, president and CEO, Yasushi Enami. 'We to want go above and beyond to meet the needs of Canadians with our strong dealer network, customer service and award-winning vehicle line-up.'

Setting sales records for August, the 2020 Forester sold 1,371 units, representing a 28.6 per cent increase over the same month last year. The all-new 2020 Outback sold 1,072 units, representing a 26.9 per cent jump from last August. While the 2020 Ascent retailed 349 units, a 15.2 percent increase over the same period in 2019. Also having strong months, the BRZ, Crosstrek and Legacy nameplates all outperformed their sales totals from last August.

Across Canada, the Atlantic, Ontario and Quebec regions set records in August respectively, while the West outdid themselves versus the same period last year.

See details at: https://www.subaru.ca/WebPage.aspx?WebSiteID=282&WebPageID=4998&ArticleID=9765

About Subaru Canada, Inc.Subaru Canada, Inc. is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Mississauga, Ontario, the company markets and distributes Subaru vehicles, parts and accessories through a network of 94 authorized dealers across Canada. For more information, please visit www.subaru.ca or www.pr.subaru.ca or follow @SubaruCanada on Twitter.

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SUBARU CO., LTD. 0.00% 4575 End-of-day quote.1.67%
SUBARU CORPORATION -0.59% 2031 End-of-day quote.-1.53%
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Managers and Directors
NameTitle
Michiko Nishimura President & Representative Director
Hisao Mori Director & General Manager-Academic Affairs
Aki Nishimura Representative Director & Vice President
Masatoshi Tateyama Director & General Manager-Administration
Etsuro Shibagaki Outside Director
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