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Subaru Posts October 2008 Sales


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- October Sales Down 14 Percent Compared to Last Year -

- Year-to-Date Sales Up 2 Percent -

CHERRY HILL, N.J., November 16, 2008: Subaru of America, Inc. has announced a 14 percent decrease in sales for the month of October versus October 2007. Total sales year-to-date were up 2 percent with 156,706 units sold over the same period last year with 153,601 units sold.

Sales for the Subaru Forester were up 28 percent or 4,558 units for the month of October versus October 2007 sales of 3,554 units.

**Total sales include 2 Baja sales in '08 including 1 in Oct. '08. Include 1122 Baja sales '07 YTD.

"Throughout the month of October, there was no shortage of bad news about the industry and economy, but for Subaru, there was great news," said Tim Colbeck, vice president of sales for Subaru of America. "The Forester was named the Motor Trend Sport/Utility of the Year."

"Despite the weakness in the market caused by credit concerns, depreciating home values and the corresponding reduction in consumer confidence, Subaru continues to outperform the industry," said Tom Doll, executive vice president for Subaru of America, Inc.