Subaru

SUBARU OF AMERICA, INC. RECALLING 1,182 MODEL YEAR 2023 SUBARU SOLTERRA SUVs

Retrieved on: 
Friday, February 10, 2023

CAMDEN, N.J., Feb. 10, 2023 /PRNewswire/ -- Subaru of America, Inc. (SOA) today announced a safety recall on select 2023 Subaru Solterra vehicles.

Key Points: 
  • CAMDEN, N.J., Feb. 10, 2023 /PRNewswire/ -- Subaru of America, Inc. (SOA) today announced a safety recall on select 2023 Subaru Solterra vehicles.
  • The issue affects 1,182 model year (MY) 2023 Subaru Solterras.
  • Subaru identified an issue with vehicles repaired at two port locations by one particular team of contractors.
  • Out of an abundance of caution, Subaru is recalling all vehicles repaired at all port locations supported by the third-party contractor.

SUBARU ANNOUNCES PRICING ON ALL-NEW 2024 CROSSTREK COMPACT SUV

Retrieved on: 
Thursday, February 9, 2023

The third-generation Crosstrek is a highly capable compact SUV with a comprehensive list of standard and available features at a competitive price.

Key Points: 
  • The third-generation Crosstrek is a highly capable compact SUV with a comprehensive list of standard and available features at a competitive price.
  • The compact SUV comes standard with Subaru Symmetrical All-Wheel Drive, X-MODE® with Hill Descent Control and 17-inch alloy wheels with all-season tires.
  • The Base and Premium are equipped with a 2.0-liter 4-cylinder direct-injection SUBARU BOXER® engine producing 152-hp and 145 lb.-ft. of torque.
  • The 2024 Crosstrek comes standard with the latest version of the award-winning EyeSight® Driver Assist Technology.

SUBARU DEBUTS THE ALL-NEW 2024 CROSSTREK COMPACT SUV WITH RUGGED NEW STYLING, IN-VEHICLE TECHNOLOGY, PERFORMANCE AND SAFETY

Retrieved on: 
Thursday, February 9, 2023

CHICAGO, Feb. 9, 2023 /PRNewswire/ -- Subaru of America, Inc. today debuted the all-new 2024 Crosstrek at the Chicago Auto Show.

Key Points: 
  • CHICAGO, Feb. 9, 2023 /PRNewswire/ -- Subaru of America, Inc. today debuted the all-new 2024 Crosstrek at the Chicago Auto Show.
  • The 2024 Crosstrek offers improved performance, enhanced safety features and updated multimedia technology.
  • The 2024 Crosstrek has been designed around the concept of utility and sportiness that lends itself to an active lifestyle.
  • The compact SUV has received safety awards from trusted organizations including the Insurance Institute for Highway Safety (IIHS) and National Highway Traffic Safety Administration.

Treasure Data Expands Global Strategic Collaboration Agreement with AWS to Help Companies Accelerate Digital Transformation and Deliver Connected Customer Experiences

Retrieved on: 
Wednesday, February 8, 2023

MOUNTAIN VIEW, Calif., Feb. 8, 2023 /PRNewswire/ -- Treasure Data, a leading enterprise customer data platform (CDP) provider, today announced a multi-year strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS) to help companies accelerate digital transformation journeys and deliver omnichannel connected customer experiences. Through increased product support, joint solutions development, and collaborative go-to-market planning and execution, the expanded partnership provides Treasure Data's global customers more robust and streamlined service.

Key Points: 
  • MOUNTAIN VIEW, Calif., Feb. 8, 2023 /PRNewswire/ -- Treasure Data , a leading enterprise customer data platform (CDP) provider, today announced a multi-year strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS) to help companies accelerate digital transformation journeys and deliver omnichannel connected customer experiences.
  • Built exclusively on AWS, Treasure Data's Customer Data Cloud , an integrated suite of cloud-based customer data platform solutions, powers the entire enterprise to embrace customer centricity and connect customer experiences.
  • The new three-year alliance with AWS deepens the companies' collaboration across functions, including sales, marketing, customer support, channel programs, training, enablement, and more.
  • "Treasure Data shares a commitment to deliver exceptional customer outcomes with AWS, and we're excited to strengthen our longstanding relationship," said Kazuki Ohta, CEO at Treasure Data.

S&P Global Mobility Special Report: US Automotive Market Share Wars will Resume in 2023

Retrieved on: 
Thursday, February 2, 2023

SOUTHFIELD, Mich., Feb. 2, 2023 /PRNewswire/ -- After nearly two years of inflated new- and used-car prices – with car dealers asking consumers to pay thousands of dollars over MSRP – the US industry is primed for a reset to previous competitive norms.

Key Points: 
  • A combination of industry factors and macroeconomic conditions could trigger a potentially bloody battle for market share this year, according to an analysis by S&P Global Mobility.
  • "Things will heat up this year when the first tranche of COVID-sold vehicles starts returning to market," predicts Dave Mondragon, vice president of product development for S&P Global Mobility.
  • Among luxury brands, Mercedes-Benz and Lincoln still showed the most remaining 2022 vehicles in dealer advertised inventory, according to the S&P Global Mobility analysis.
  • From a forecasting perspective, S&P Global Mobility recently downgraded the US demand settings for 2023 due to darkening economic clouds.

SUBARU HELPS THOSE IN NEED WITH MILESTONE DONATION TOTALS OF OVER 500,000 PAIRS OF SOCKS AND 100,000 BLANKETS

Retrieved on: 
Wednesday, February 1, 2023

CAMDEN, N.J., Feb. 1, 2023 /PRNewswire/ -- Subaru of America, Inc. today announced the automaker and its retailers will provide a sock donation to homeless shelters across the country as part of the annual Subaru Loves to Help initiative. Following the conclusion of Subaru Loves to Help Month this February, the automaker and its nationwide network of retailers will have donated over 500,000 pairs of new socks, 50,000 of which are youth socks, and 100,000 warm blankets for adults and children experiencing homelessness.

Key Points: 
  • Following the conclusion of Subaru Loves to Help Month this February, the automaker and its nationwide network of retailers will have donated over 500,000 pairs of new socks, 50,000 of which are youth socks, and 100,000 warm blankets for adults and children experiencing homelessness.
  • More than 500,000 adults and 35,000 youths experience homelessness nationally on any given night, and socks are one of the most requested items by shelters.
  • The donation is part of the Subaru Love to Help initiative, the community-focused pillar of the Subaru Love Promise .
  • To learn more about Subaru Loves to Help and how you can support those experiencing homelessness in your community, visit https://www.subaru.com/help .

Sheehy Auto Stores Donates $219,500 to 21 Charities in Washington, Baltimore, Hagerstown, and Richmond as Part of Annual Giving Program

Retrieved on: 
Wednesday, February 1, 2023

FAIRFAX, Va., Feb. 1, 2023 /PRNewswire/ -- Sheehy Auto Stores has announced donations of $219,500 among 21 charities throughout the communities they serve in Washington, D.C.; Baltimore, Maryland; Hagerstown, Maryland; and Richmond, Virginia.

Key Points: 
  • FAIRFAX, Va., Feb. 1, 2023 /PRNewswire/ -- Sheehy Auto Stores has announced donations of $219,500 among 21 charities throughout the communities they serve in Washington, D.C.; Baltimore, Maryland; Hagerstown, Maryland; and Richmond, Virginia.
  • Since 2002, Sheehy Auto Stores has donated more than $2.2 million to various charities as part of their annual year-end giving campaign.
  • "We believe we are uniquely positioned to identify effective local charities who are doing great work in each community we serve.
  • Many of these charities get overlooked by large national companies who do business in our area," said Vince Sheehy, President of Sheehy Auto Stores.

Cox Automotive Presents 2023 Leader in Sustainability Award to Mark Miller Subaru

Retrieved on: 
Monday, January 30, 2023

ATLANTA, Jan. 30, 2023 /PRNewswire/ -- Cox Automotive presented its annual Leader in Sustainability Award to Mark Miller Subaru, a dealership with two locations – Midtown and South Towne – serving communities along the Wasatch Front in north-central Utah and throughout the state.

Key Points: 
  • ATLANTA, Jan. 30, 2023 /PRNewswire/ -- Cox Automotive presented its annual Leader in Sustainability Award to Mark Miller Subaru, a dealership with two locations – Midtown and South Towne – serving communities along the Wasatch Front in north-central Utah and throughout the state.
  • Cox Automotive presented its annual Leader in Sustainability Award to Mark Miller Subaru during NADA Show 2023.
  • "I am pleased to present the Cox Automotive Leader in Sustainability Award to Mark Miller Subaru for its extraordinary commitment to the environment and doing business the right way," said Rowley.
  • As the first dealership in Utah to be certified in the Subaru Eco-Friendly Retailer Program, Mark Miller Subaru continues raising the bar on environmental sustainability standards."

THE ALL-NEW 2024 SUBARU CROSSTREK COMPACT SUV MAKES U.S. DEBUT AT THE CHICAGO AUTO SHOW

Retrieved on: 
Thursday, January 26, 2023

CAMDEN, N.J., Jan. 26, 2023 /PRNewswire/ -- Subaru of America today announced the all-new 2024 Crosstrek will make its U.S. debut at the 2023 Chicago Auto Show on February 9 at 10 a.m. CT.

Key Points: 
  • CAMDEN, N.J., Jan. 26, 2023 /PRNewswire/ -- Subaru of America today announced the all-new 2024 Crosstrek will make its U.S. debut at the 2023 Chicago Auto Show on February 9 at 10 a.m. CT.
  • The event will be livestreamed on the official Subaru website.
  • For more information, please go to: https://www.subaru.com/2024-crosstrek

LMP Automotive Holdings, Inc. Declared a Special Cash Dividend of $4.68 Per Share Payable on February 28, 2023 To All Stockholders of Record as of February 13, 2023

Retrieved on: 
Thursday, February 9, 2023

FORT LAUDERDALE, Fla., Feb. 09, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, declared a special cash dividend of $4.68 per share.

Key Points: 
  • FORT LAUDERDALE, Fla., Feb. 09, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, declared a special cash dividend of $4.68 per share.
  • The dividend is anticipated to be paid on February 28, 2023 to all stockholders of record as of February 13, 2023.
  • In addition, the Company’s subsidiaries entered into definitive agreements to sell its Subaru and Kia dealerships in Beckley, West Virginia.
  • Accordingly, the Company intends to declare additional dividends and/or distributions in the future.