Will 2014 XV Crosstrek Hybrid keep Subaru momentum going?
Subaru has achieved an all-time annual sales record for the 5th consecutive year and is the only manufacturer in the U.S. to post sales increases for six consecutive years. Subaru is definitely on a roll and is hoping the all-new XV Crosstrek Hybrid will keep the momentum going into 2014. Will Subaru’s first ever hybrid be enough to to keep it going for year six?
The XV Crosstrek hybrid will appeal to Subaru’s current demographic which is the outdoorsy sports enthusiast who are concerned about the environment. It is the ideal vehicle for taking trips to the mountains and beach on the weekends.
The 2014 XV Crosstrek hybrid starts at $25,995 which is $4,000 more than the standard XV. Subaru sales numbers for December, the first full month for the hybrid, show an increase of 62 percent over the previous years sales. Subaru doesn’t break out the hybrid sales, but no other Subaru model had a bigger increase. It looks like the new hybrid is having a big impact already.
Just before the launch here in the U.S. in November, the new hybrid has already exceeded expectations in Japan. According to Edmunds, the initial sales target of 550 units was blown away by the 5,850 orders they received within two weeks of the Crosstrek Hybrid's unveiling in Japan.
And the new Subaru XV hybrid won’t have much competition. The all-wheel-drive hybrid segment is extremely small with Toyota bringing the only hybrid all-wheel-drive variant in the Highlander. The Toyota model is much bigger and also has a heftier price tag of $40,170. The XV Crosstrek hybrid is a great value for sport-minded consumers and gets 31 combined mpg. The new hybrid technology helps the crossover achieve the lowest emission of any all-wheel-drive hybrid in America.
Subaru is attracting new buyers to the brand like never before and the XV Hybrid will likely bring new green customers into Subaru showrooms who have never purchased a Subaru vehicle before. This segment is wide open and Subaru will have a corner on the market until other automakers bring out new all-wheel-drive hybrid models.
The new 2014 Subaru XV Crosstrek is selling well in all of Subaru’s major overseas markets in the U.S., Canada and Australia. XV Crosstrek is only second to the newly-designed 2014 Forester in sales in 2013. Can the all-new 2014 Subaru XV Crosstrek hybrid keep the momentum going? It’s off to a great start and it will likely help Subaru reach six straight years of record sales.