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November 2011 Sales: Subaru

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CHERRY HILL, NJ--Dec. 1, 2011: Subaru of America, Inc. today announced November 2011 sales of 17,657 and sales of 233,288 year-to-date.

November sales were affected by constrained supply and low inventory.

"While we continue to experience low inventory, we are optimistic about our newest product line-up," said Thomas J. Doll, executive vice president and chief operating officer, Subaru of America, Inc.

"We just unveiled the all-new BRZ sports car that will go on sale this coming spring. We also announced a new small crossover model; known in other markets as XV, this vehicle will come to the U.S. next fall as the Subaru XV CrossTrek."

<table border="0" cellpadding="0" cellspacing="0" style="BORDER-BOTTOM:1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt;BORDER-RIGHT: 1pt"> <tbody> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px;PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td nowrap="true" style="BORDER-BOTTOM: 1pt; BORDER-LEFT: black 1pt solid;PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom;BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid">

Carline </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid">

Nov-11

</td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid">

Nov-10

</td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid">

% Chg

</td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid">

Nov-11

</td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid">

Nov-10

</td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid">

% Chg

</td> </tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px;PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN:center; BORDER-LEFT: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-RIGHT:12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1ptsolid">

</td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN:center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt;VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

MTD

</td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN:center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt;VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

MTD

</td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN:center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt;VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

MTD

</td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN:center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt;VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

YTD

</td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN:center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt;VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

YTD

</td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN:center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt;VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

YTD

</td> </tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px;PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td nowrap="true" style="BORDER-BOTTOM: 1pt; BORDER-LEFT: black 1pt solid;PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom;BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

Forester </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

5829 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

6260 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

-6.88% </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

67595 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

77012 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

-12.23% </td> </tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px;PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td nowrap="true" style="BORDER-BOTTOM: 1pt; BORDER-LEFT: black 1pt solid;PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom;BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

Impreza </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

1412 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

3405 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

-58.53% </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

34475 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

40136 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

-14.10% </td> </tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px;PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td nowrap="true" style="BORDER-BOTTOM: 1pt; BORDER-LEFT: black 1pt solid;PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom;BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

Legacy </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

2892 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

3133 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

-7.69% </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

37776 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

34841 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

8.42% </td> </tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px;PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td nowrap="true" style="BORDER-BOTTOM: 1pt; BORDER-LEFT: black 1pt solid;PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom;BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

Outback </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

7293 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

7814 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

-6.67% </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

90975 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

82892 </td> <td nowrap="true" style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

9.75% </td> </tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px;PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black1pt solid; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom;BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

Tribeca </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

231 </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

180 </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

28.33% </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

2467 </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

2245 </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

9.89% </td> </tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px;PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black1pt solid; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom;BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

TOTAL </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

17657 </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

20792 </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

-15.08% </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

233288 </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

237126 </td> <td nowrap="true" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right;BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN:bottom; BORDER-TOP: 1pt; BORDER-RIGHT: black 1pt solid">

-1.62% </td> </tr> </tbody></table>

"We have weathered a number of unforeseen inventory shortages this year," said Bill Cyphers, SVP Sales, Subaru of America, Inc. "Despite those set-backs, our retail sales still outpace last year's record-breaking numbers -- a testament to the demand for Subaru vehicles. The new models hitting showrooms in 2012 will help us support this consumer demand."

About Subaru of America, Inc.

Subaru of America, Inc. is a wholly owned subsidiary of Fuji Heavy Industries Ltd. of Japan. Headquartered in Cherry Hill, N.J., the company markets and distributes Subaru Symmetrical All-Wheel Drive vehicles, parts and accessories through a network of more than 600 dealers across the United States. All Subaru products are manufactured in zero-landfill production plants and Subaru of Indiana Automotive Inc. is the only U.S. automobile production plant to be designated a backyard wildlife habitat by the National Wildlife Federation.

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