Latest news with #SubaruofAmerica
Yahoo
3 days ago
- Automotive
- Yahoo
SUBARU EARNS TWO AWARDS IN 2025 U.S. NEWS & WORLD REPORT BEST CARS FOR TEENS
Subaru wins awards for Best New SUV for Teens and Best Used Midsize Car 2025 Subaru Forester named Best New SUV for teens $35,000 to $40,000 2021 Subaru Legacy named Best Used Midsize Car for teens CAMDEN, N.J., May 30, 2025 /PRNewswire/ -- Subaru of America, Inc., today announced that two models were named to the annual U.S. News & World Report Best Cars for Teens report. The 2025 Subaru Forester was named the Best New SUV, priced between $35,000 and $40,000, while the 2021 Subaru Legacy was named the Best Used Midsize Car for new teen buyers and drivers. Jeff Walters, President and Chief Operating Officer, Subaru of America, Inc.: "We are proud to have Forester and Legacy recognized by U.S. News & World Report as recommended cars for younger drivers. Value, reliability, and safety are fundamental to the SUVs and cars we offer to our customers, and we're proud to be recognized again by U.S. News & World Report." To be named a Best New Car for Teens, vehicles must have exceptional reliability ratings, crash test scores, available advanced driver assistance features, and top critics' recommendations in its price category. Best Used Car for Teens winners were selected from 2020-2022 model years and must have exceptional reliability and safety ratings, affordable projected ownership costs, positive critical reviews, and available crash-prevention technology. Both Forester and Legacy have perfect five-star Overall Vehicle Scores from the National Highway Traffic Safety Administration. The Insurance Institute for Highway Safety recently named the 2025 Subaru Forester a TOP SAFETY PICK. Both vehicles feature standard Subaru EyeSight® Driver Assist Technology, which includes Automatic Pre-Collision Braking, Advanced Adaptive Cruise Control with Lane Centering, and standard LED Steering Responsive Headlights. Subaru vehicles also include teen driver controls or available smartphone features that send parents alerts when the car travels faster than a predetermined speed, drives outside a specified geographic area, or is driven beyond a specified time. These features enable parents to establish limits for teen drivers and initiate conversations about safe driving habits. Other available active safety features include Blind Spot Detection with Lane Change Assist and Rear Cross Traffic Alert, Reverse Automatic Braking, and DriverFocus™ Distraction Mitigation System. The 2025 Subaru Forester is available at Subaru retailers nationwide starting at $29,995 MSRP. About Subaru of America, of America, Inc. (SOA) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc., the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $320 million to causes the Subaru family cares about, and its employees have logged over 100,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit Follow us on Facebook, Instagram, LinkedIn, TikTok, and YouTube. Aaron ColeProduct Communications Manager856.488.3697acole1@ Miranda JimenezProduct Communications Specialist856.438.2820mjimen@ Karley DowdyProduct Communications Specialist856.488.8527mkdowdy@ View original content to download multimedia: SOURCE Subaru of America, Inc. Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Jenkins Subaru presents check to United Way of Harrison and Doddridge Counties
BRIDGEPORT, (WBOY) — For the 11th year in a row, Jenkins Subaru has partnered with Subaru of America to make a big donation to the United Way of Harrison and Doddridge Counties. The donation was part of Subaru's annual 'Share the Love' event, and according to General Manager Matt Jenkins, the car dealership picks a non-profit in the local community to give the proceeds from this event to, and they always choose the United Way of Harrison and Doddridge Counties. 'We've always chosen United Way of Harrison and Doddridge Counties just because they have such an effect, you know,' said Jenkins. 'They have so many different agencies that come in for needs and it's hard for us to know exactly where that need is.' Jenkins said that the United Way of Harrison and Doddridge Counties vets all of the organizations that come to them for assistance, and they determine how many dollars should be allocated to each organization as the years go on. 'It's really nice to know that the money going in the community goes exactly where it needs to go, by the professionals who actually know where the need needs to be fulfilled at,' he added. Once the Share the Love program kicks off each year, Jenkins Subaru will give up to $500 per car when a customer buys a new Subaru. The dealership offers five to six different agencies for customers to choose from for the funds to go to, and Jenkins added that Subaru of America matches some of the money as well. 'We always obviously push them to our local United Way because we want the money to stay here local,' Jenkins told 12 News. 'To help our youth, people on Meals on Wheels, just really any type of need that needs to be fulfilled.' This year, Jenkins Subaru was able to present the United Way of Harrison and Doddridge Counties with a check worth $71,973. An event was held on Wednesday afternoon, where representatives from the car dealership and the Jenkins family presented this check to the organization. 'This is a tremendous day. Great appreciation to Jenkins Subaru for providing this, these funds today,' said United Way of Harrison and Doddridge Counties Executive Director Martin Howe. 'These funds will be utilized for the other non-profits, the partner agencies that we do support for Harrison and Doddridge County.' These are the best schools in West Virginia, new 2025 report says According to Howe, the money received will help partner agencies that promote education and health, as well as address homelessness and other worthwhile causes. Jenkins told 12 News that although a lot of local people may feel that their community doesn't have any needs, these needs still exist even if you don't see them. 'There is real need. I mean there's different areas that you see it more than others, but it doesn't matter where it's at, people need help,' he said. As a result of this need, Jenkins stated that it was important to him and his family to partner with Subaru of America for this initiative that's carried on in communities across the country. With every passing year, Jenkins stated that the community's needs can look different. 'It's not a one-size-fits-all strategy. With [United Way of Harrison and Doddridge Counties], it's nice to know that we can give them the money and it's gonna be deployed the way it needs to be year by year, case by case,' Jenkins added. 'So that's why we chose them and we continue to every year.' Jenkins stated that if anybody in the community wants to help support this initiative in the coming years, it's important to just do the right thing. 'It's not all about the money, it's knowing that the money we're putting in the community is actually getting to the community,' he added. 'Everybody has a budget, everybody has needs, everybody has the ability to give back in one way, shape or form.' According to Howe, it would be very difficult for the United Way of Harrison and Doddridge Counties to even come close to their goal without this annual assistance from Jenkins Subaru. 'It tremendously assists us as a non-profit, and we look forward to keeping partnerships going in the future for many different reasons–they're a great family, great company, great business, and they're just a great community partner,' he stated. Howe added that the United Way of Harrison and Doddridge Counties is always accepting donations, including people's services and volunteerism. 'To be able to get out and help the community members where they feel necessary' is a big part of the organization's mission, he added. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
20-05-2025
- Automotive
- Yahoo
Subaru Is the Latest Carmaker To Hike Prices in Response to Tariffs
New cars from Japanese automaker Subaru will reportedly increase in price by several hundred dollars in the coming weeks—and tariffs are the likely culprit. Officially, Subaru of America says it has "adjusted its pricing in response to current market conditions." That's what the company said in a statement to Reuters, which first reported on the price hikes. The biggest change to the market for imported cars, of course, is the 25 percent tariff that the Trump administration announced in March. At the time, the White House said the tariffs would incentivize domestic automobile manufacturing and reduce "American reliance on imports of foreign automobiles." The auto industry responded by pointing out that global supply chains are essential even for vehicles that are made in the United States and warning that the tariffs would likely increase sticker prices for consumers. That's what seems to be happening. Subaru is set to hike prices on its vehicles by between $750 and $2,000 each, depending on the model and trim line, Reuters reported. The news service cited a notice that was sent to Subaru dealers. Subaru is the second automaker to announce higher prices in response to the tariffs. Last month, Ford Motor Company announced that it would raise prices on three of its models by $2,000 apiece—just days after the company said tariffs would reduce its annual earnings by $1.5 billion, as Reason's Joe Lancaster reported at the time. Americans imported nearly 8 million cars in 2024, and the biggest sources of imported cars were Mexico, Japan, and South Korea. When asked in March if his plans for higher tariffs on cars would increase prices for American consumers, President Donald Trump said he "couldn't care less" if that was the outcome. Keep in mind that higher prices are just the most visible consequence of higher tariffs. There are other, unseen consequences, like the people who might have bought a new car this year, who will instead put off that purchase due to the higher prices. They will continue to drive an older, potentially less safe, less fuel-efficient, or simply less fun car instead. The car dealerships will make fewer sales. Ultimately, car manufacturers may see less demand for their products. In March, Cox Automotive predicted that there would be 700,000 fewer cars sold in America this year, a 4.3 percent decline from last year's total, as Americans pull back on spending due to the higher prices created by tariffs. This isn't Subaru's first tangle with high tariffs on vehicles imported to the United States. One of the most famous examples of so-called tariff engineering—that is, a legal way of dodging tariff costs by physically altering an imported product—involves a small pickup truck that Subaru used to manufacture. The Subaru Bi-drive Recreational All-terrain Transporter, or BRAT, was imported to the U.S. with seats installed in the pickup truck's bed, which allowed it to be classified as a passenger vehicle (tariffed at a rate of 2.5 percent in those pre-Trump days), rather than a small cargo truck (subject to a 25 percent tariff that dates back to the 1960s). Alas, with Trump's higher tariffs on all cars, there's likely no similarly easy and hilarious way for Subaru to dodge these taxes. Instead, they'll be passed along to buyers. The post Subaru Is the Latest Carmaker To Hike Prices in Response to Tariffs appeared first on
Business Recorder
20-05-2025
- Automotive
- Business Recorder
Subaru of America increases vehicle prices, citing market conditions
DETROIT: Subaru of America is hiking prices on several models, the company said on Monday, the latest automaker to pass along cost increases to consumers as their expenses rise from the Trump administration's tariffs. Subaru said in a statement that the increases were made in response to 'current market conditions,' without citing tariffs or specific price actions. 'The changes were made to offset increased costs while maintaining a solid value proposition for the customer. Subaru pricing is not based on the country of origin of its products,' the company said in a statement. Car company executives have recently shared with investors how much the levies will cost them this year, with some in Detroit saying they were expected to add up to $5 billion. While there has been some relief on duties imposed on foreign auto parts, U.S. President Donald Trump has maintained a 25% tariff on the 8 million vehicles the U.S. imports annually. Ford Motor earlier this month raised prices on three models produced in Mexico by as much as $2,000, becoming one of the first major automakers to respond to Trump's tariffs. The Subaru price increases will add between $750 and $2,055 to vehicles depending on the model and trim, according to a notice posted on a dealer website. Subaru to nominate executive Osakti as next president, Nakamura as chairperson The price increases are expected to hit vehicles on dealer lots starting in June, according to the notice. Subaru imports 45% of its U.S.-sold vehicles, according to 2024 data from research firm S&P Global Mobility. Its affordable Forester model is one of a handful of lower-cost vehicles set to be most affected by tariffs, according to Cox Automotive executive analyst Erin Keating. The SUV is getting a price hike of between $1,075 and $1,600 depending on the trim, the dealer notice said.
CNBC
19-05-2025
- Automotive
- CNBC
Subaru of America increases vehicle prices, citing market conditions
Subaru of America is hiking prices on several models, the company said on Monday, the latest automaker to pass along cost increases to consumers as their expenses rise from the Trump administration's tariffs. Subaru said in a statement that the increases were made in response to "current market conditions," without citing tariffs or specific price actions. "The changes were made to offset increased costs while maintaining a solid value proposition for the customer. Subaru pricing is not based on the country of origin of its products," the company said in a statement. Car company executives have recently shared with investors how much the levies will cost them this year, with some in Detroit saying they were expected to add up to $5 billion. While there has been some relief on duties imposed on foreign auto parts, U.S. President Donald Trump has maintained a 25% tariff on the 8 million vehicles the U.S. imports annually. Ford Motor earlier this month raised prices on three models produced in Mexico by as much as $2,000, becoming one of the first major automakers to respond to Trump's tariffs. The Subaru price increases will add between $750 and $2,055 to vehicles depending on the model and trim, according to a notice posted on a dealer website. The price increases are expected to hit vehicles on dealer lots starting in June, according to the notice. Subaru imports 45% of its U.S.-sold vehicles, according to 2024 data from research firm S&P Global Mobility. Its affordable Forester model is one of a handful of lower-cost vehicles set to be most affected by tariffs, according to Cox Automotive executive analyst Erin Keating. The SUV is getting a price hike of between $1,075 and $1,600 depending on the trim, the dealer notice said.
