Why Subaru WRX/STI Sales Decline Again
For the second time in 2016, Subaru’s performance model’s sales number are down. For July, 2017 Subaru WRX performance sedan and higher-performance twin, WRX STI, sales were down 11.5 percent. Why are they slipping?
The WRX and WRX STI also saw a decline in May, the first decline in years, but sales were up again in June. What’s going on? The models are so popular, Subaru can’t produce enough. Subaru produces the two performance models at the Gunma factory outside of Tokyo and ship them all over the globe. The models are also selling well in Canada, Australia and Europe.
Global demand is high for WRX/STI
Subaru of America builds the Outback and Legacy here in the US, where both models achieved their best July ever. They don’t have to get them from across the pond. Supply and demand for WRX/STI is the issue for Fuji Heavy Industries (FHI) parent company of Subaru.
With only two global plants online, Subaru is balancing building the 2017 Forester, new Levorg sports tourer and Impreza. They just launched the new Levorg in Australia and Europe where sales are brisk for the new sporty wagon. Subaru of America is also selling out of the Crosstrek which is also produced in Japan.
WRX broadens its appeal
The 2017 Subaru WRX and WRX STI have not lost their appeal for performance enthusiasts. In fact, the WRX has broadened its appeal beyond the Subaru faithful. It’s being purchased now by a new generation of buyers who are attracted to the sedan because of its softer side. WRX now comes with a new CVT automatic and has a new interior with more appointments than ever before.
The plant expansion in Lafayette, Indiana will certainly help the Japanese automaker’s supply issue for the 2017 Subaru WRX and WRX STI. Look for the performance sedans to finish on a winning note in 2016.
Media Source: Subaru