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Sales Rebound

All articles tagged with #sales rebound

WRX Stages a Comeback as Subaru Rebounds on Inventory
business18 days ago

WRX Stages a Comeback as Subaru Rebounds on Inventory

Subaru’s WRX sales have rebounded after a production shuffle that prioritized the Forester, with August sales rising to 1,778 (vs. 611 a year ago) and year-to-date up about 37.7% to 10,324; the base WRX returned at $32,495 with more equipment, though performance updates remain limited and a limited-slip differential is still not offered. The car continues to use the 271-hp 2.4-liter turbo, and Subaru has teased STI variants in Japan, though concrete upgrades have yet to materialize.

"Fortune 1000 CEO: Key Metric to Warn of Potential U.S. Housing Market Instability"
business3 years ago

"Fortune 1000 CEO: Key Metric to Warn of Potential U.S. Housing Market Instability"

KB Home CEO Jeffrey Mezger believes that the U.S. housing market has hit bottom and is optimistic about the sales rebound. Despite rising mortgage rates and deteriorating affordability, Mezger attributes the strong demand to a lack of inventory in both new and existing homes, coupled with strong demographic demand from millennials and Gen Zs. KB Home has reduced house prices by around 9-10% and expects to reach its 2022 price peak again in 2024. However, if inventory levels start to increase rapidly, it could signal a need to stop raising prices and focus on selling homes.