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Subaru Facing Lawsuit Over Oil Use Problem

Vehicles using too much oil, causing costly repairs.

by on Jul.21, 2014

The 2014 Subaru Forester is one a few Subaru vehicles with oil usage problem, alleges a lawsuit.

Subaru of America is facing a lawsuit – that may become a class action – because of the amount of oil the company’s vehicles use.

The problem stems from the fact that in the opinion of some owners, the company’s vehicles use a lot of engine oil…and quickly. The result in some instances has been some pricey repairs due to the problem: repairs in the thousands of dollars.

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The suit claims the vehicles “prematurely burn off and/or consume abnormal and excessive amounts of engine oil” and claims Subaru is unwilling to fix the problem. Subaru doesn’t believe there is a problem. (more…)

Screaming Hot Subaru

Japanese niche maker’s stock jumps 500% in barely 18 months.

by on Aug.12, 2013

Subaru has caught the eye of investors as its stock price has risen 500% in 18 months.

Little Subaru has turned into a big deal as far as investors are concerned.

After squeaking out an increase in sales during even the worst years of the Great Recession, the stock market seems convinced the automotive arm of Fuji Heavy Industries has even bigger opportunities ahead, with Fuji shares increasing fivefold since the beginning of 2012.

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But while the maker’s President Yasuyuki Yoshinaga says Subaru is “at a major turning point,” he is also sounding a note of caution for those who think the maker might now shift its focus from niche products like the Forester crossover and WRX hot hatch to become a true mainstream manufacturer. (more…)