Day: July 1, 2020

Subaru to switch to quarterly U.S. sales reports

Subaru of The us, after a regular sales streak darling as its U.S. quantity speedily expanded above the previous 10 years, is switching to quarterly sales reporting.

The automaker will report its June U.S. sales Wednesday, then change its cadence likely ahead.

The automaker, of Camden, N.J., was a single of the couple of holdouts continue to reporting on a regular basis. Immediately after Subaru switches to quarterly, Honda, Hyundai-Kia, Mazda, Toyota and Volvo will continue being the only automakers to report regular.

Subaru follows Porsche, Nissan, Mitsubishi and BMW in building the change this calendar year.

Starting off in December 2011, Subaru cultivated a ninety three-month streak of calendar year-above-calendar year sales gains, which was snapped in September when sales dropped nine.4 p.c.

Although Subaru also had a regular sales drop in December, 2019 was an additional record calendar year for the brand name, with 700,117

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