Subaru raises forecast on strong US transaction prices
The news comes in spite of the fact that Subaru saw its sales drop by 64 percent in China, due in part to strong anti-Japanese sentiments that recently swept the country. China accounts for around seven percent of total Subaru sales.
In addition, the report indicates overall Subaru sales worldwide were below forecasts. Expect to hear more detail on that situation once the automaker releases its second quarter earnings next week.
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