Subaru of America Sales Rise Nearly 8% Year-to-Date

- Subaru Outback and Legacy Record Best May Ever Despite Inventory Limitations -

CHERRY HILL, N.J., June 1, 2011 - Subaru of America, Inc. today announced a nearly 8% year-to-date sales increase, with 20,036 units sold in May 2011 – resulting in total YTD sales of 112,255. However, while Subaru Legacy and Outback models experienced year-over-year growth, sales of Forester, Impreza and Tribeca decreased due to inventory limitations.

"While we have had a very strong start to 2011, and demand for our products in dealerships remains at record levels, we are now experiencing a slowdown in deliveries following the disruption to vehicle and parts production in Japan as a result of the March earthquake and tsunami," said Thomas J. Doll, executive vice president and chief operating officer, Subaru of America, Inc. "We expect this to continue in the short term while the production situation in Japan returns to normal. Even allowing for this temporary slowdown in deliveries, we still expect 2011 to be the second best year ever for the Subaru brand in the U.S."

Subaru Legacy sales increased 1 percent and Subaru Outback sales increased nearly 11 percent from May 2010. The Subaru Forester and Impreza saw month-to-date decreases of 35% and 39%, respectively.

<table cellpadding="1" cellspacing="0"><tbody><tr><td colspan="7" style="border-bottom:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="bottom">

</td><td>

</td></tr><tr><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">Carline

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">May-11

MTD

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">May-10

MTD

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">% Chg

MTD

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">May-11

YTD

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">May-10

YTD

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">% Chg

YTD

</td><td>

</td></tr><tr><td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">Forester

</td><td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">5193

</td><td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">7976

</td><td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">-34.9%

</td><td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">31676

</td><td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">35328

</td><td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">-10.3%

</td><td>

</td></tr><tr><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">Impreza

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">2610

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">4249

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">-38.6%

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">18347

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">17315

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">6.0%

</td><td>

</td></tr><tr><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">Legacy

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">3618

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">3586

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">0.9%

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">17813

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">15987

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">11.4%

</td><td>

</td></tr><tr><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">Outback

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">8431

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">7630

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">10.5%

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">43325

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">34593

</td><td style="border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">25.2%

</td><td>

</td></tr><tr><td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">Tribeca

</td><td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">184

</td><td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">226

</td><td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">-18.6%

</td><td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">1094

</td><td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">1136

</td><td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">-3.7%

</td><td>

</td></tr><tr><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">TOTAL

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">20036

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">23667

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">-15.3%

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">112255

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; padding-left: 10pt; " valign="top">104359

</td><td style="border-top:solid black 1pt; border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="top">7.6%

</td><td>

</td></tr><tr><td colspan="7" style="border-top:solid black 1pt; padding-right: 6pt; padding-left: 10pt; " valign="bottom">

</td><td>

</td></tr></tbody></table>

"It was the best May ever for Subaru Legacy and Outback," said Bill Cyphers, senior vice president, sales, Subaru of America, Inc. "Our dealers again did an outstanding job in spite of the short term inventory challenges."

Hmm.....possible they could have done better too...seen quite a few new ones around here...