Subaru raises prices of several models in the U.S.

Subaru of America announced that it will adjust the prices of many of its models to cope with the changes in the market environment. The price adjustment will increase the price of vehicles of different models and configurations by $750 to $2,055, and is expected to affect dealers' inventory vehicles starting in June this year. At the same time, Yoichi Hori succeeded Tadashi Yoshida as CEO of Subaru of America; Tadashi Yoshida has been promoted to executive director of Subaru Japan headquarters.