Subaru Of America, Inc.
SUBARU OF AMERICA, INC. REPORTS AUGUST SALES AS BEST MONTH OF 2020
Camden, N.J., Sep 1, 2020
Subaru of America, Inc. today reported 57,885 vehicle sales for August 2020, a 17 percent decrease compared with record August 2019. These results reflect the impact of the COVID-19 global pandemic and the uncertainty surrounding economic recovery. Following eleven consecutive years of sales records, Subaru reported year-to-date sales of 376,457, a 21 percent decrease compared to the same period in 2019.
August marked the fourth consecutive month of 50,000+ vehicle sales for the automaker. As the top performing carline by volume, Forester sales increased 1 percent in August 2020 compared with the same month a year ago. BRZ posted a nearly 69 percent increase compared to August 2019.
“Thanks to the dedicated efforts of our retailer network, we are able to count August as the best sales month of 2020,” said Thomas J. Doll, President and CEO, Subaru of America, Inc. “Our retailers are continuing to sell at very high levels of sales efficiency given their on-ground inventory levels while at the same time providing a Love Promise customer experience. We are grateful for their outstanding efforts.”
“The Forester was again a standout this month, helping us maintain market share in August,” said Jeff Walters, Senior Vice President of Sales. “We expect improving inventory and the arrival of 2021 models at our retailers will further improve our sales results in September and the fourth quarter.”
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