Subaru Sales Up 2% in January

CHERRY HILL, N.J., Feb. 1 -- Subaru of America, Inc. (SOA), a pioneer of crossover all-wheel drive vehicles designed for the active lifestyle, announced today total sales of 13,092 units for the month of January, up 2 percent from 2001 totals for the same period.

``Demand for Subaru All-Wheel Drive remains strong, despite industry fears of exhausted customer demand in the wake of low financing deals,'' said Fred D. Adcock, Executive Vice President, Subaru of America, Inc. ``The January total was our eleventh consecutive month of year-over-year sales increases -- a testament to our leadership in the crossover segment and the tremendous acceptance of our Driving Performance initiative with the WRX.''

Subaru Legacy led the monthly total with 6,640 units posted, while Subaru Outback recorded a total of 4,890 units. Subaru Impreza continued its remarkable sales performance with 2,966 units posted, representing a 95% increase from January 2001 and a new monthly record for this model. Subaru Forester recorded a total of 3,486 unit sales for the month.

Additional information on Subaru vehicles may be accessed at our online pressroom, www.media.subaru.com.

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 the 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 retail sales increases thanks to its popular line of car-based sport utility vehicles, and is among the fastest growing brands in the automobile industry.