Wednesday, February 4, 2009

C O R R E C T I O N -- Subaru of America, Inc

C O R R E C T I O N -- Subaru of America, Inc. In the news release, Subaru of America Announces Sales Increase for January, issued February 3, 2009 by Subaru of America, Inc. over PR Newswire, we are advised by the company that in the tabular material, the percent change for Legacy should read "-20%" and the percent change for Outback should read "-27%" rather than "20%" and "27%" as originally issued inadvertently. The complete, corrected release follows: Subaru of America Announces Sales Increase for January - Record Sales for the 2009 Subaru Forester - Up 115% Percent - CHERRY HILL, N.J., Feb. 3 /PRNewswire/ -- Subaru of America, Inc. today announced an 8 percent sales increase for January 2009 over last year's January results. Sales for the 2009 Subaru Forester broke records with 5,162 units sold in January 2009 versus 2,402 units in January of last year - an increase of 115 percent overall. This increase follows strong 2008 sales where Subaru was the only full-line brand with positive sales results and set its highest market share in over 20 years. "In January, we maintained the momentum we established in 2008. The fundamentals - our products and dealers - are strong for Subaru." said Tim Colbeck, vice president of sales for Subaru of America, Inc. "The value, performance and durability of our product line-up keeps us well-positioned for the current market." Source : http://www.automotive.com (2/3/2009)

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