Subaru's Parent Company Rolling in the Dough
Subaru sales continue to climb in the USA. And climb. And climb.** Japan's Fuji Heavy Industries --- the maker of Subaru vehicles --- saw a 70% increase in Q1 operating profits over the previous quarter.
Consumer Demand ∞
Demand in the US for the once Birkentocked cars is off the charts. In fact, Fuji Heavy Industries has struggled to meet it. Sales were up 28% (to $1.08 billion dollars), with a majority of the demand for the Legacy and Outback. Just take one drive down my street and you'd swear it was the Forester.
Now the $1.08 billion dollar question is -- will increased demand and manufacturing pressure mean more problems coming off the line?
Rolling in the depp.
More information on reuters.com