Subaru Reports June Sales; Forester Sales Establish New June Record

CHERRY HILL, N.J., July 2 -- Subaru of America, Inc. (SOA), a pioneer of crossover all-wheel-drive vehicles designed for the active lifestyle, released sales figures today for the month of June. Subaru recorded total sales of 15,695 units for the month, a decrease of 11 percent from last year's record June total. To date, Subaru has sold 85,556 units in 2002, down slightly from last year's total of 88,951 units for the comparable period.

Strong demand for the all-new 2003 Forester helped establish a new June sales record for this popular sport-utility with 5,189 units recorded, up 6 percent from June 2001. Subaru Legacy and Outback recorded sales totals 7,362 and 5,539 units, respectively. Subaru Impreza achieved a total of 3,144 unit sales for the month.

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About Subaru of America, Inc.

Subaru of America, Inc. is a wholly owned subsidiary of Fuji Heavy Industries Ltd. of Japan. Subaru pioneered the concept of the passenger car/sport-utility vehicle with the introduction of Subaru Outback, the "World's First Sport-Utility Wagon®."

Headquartered near Philadelphia, the company markets and distributes Subaru vehicles, parts and accessories through a network of nearly 600 dealers across the United States. Over the past nine years, the company has achieved year-over-year sales increases thanks to its popular line of all-wheel drive vehicles.