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Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
Subaru's first all-electric car, named Solterra, is the first vehicle to be based on the e-Subaru Global Platform (e-SGP) co-developed by Toyota and Subaru. The Solterra debuted at the Los Angeles Auto Show on 17 November 2021, and worldwide sales of the Solterra commenced in mid-2022.
Subaru of Indiana Automotive, Inc. (often abbrevriated as SIA) is an automobile assembly plant in Lafayette, Indiana, United States, which began as "Subaru-Isuzu Automotive, Inc.", a joint venture between Subaru Corporation and Isuzu Motors Ltd. [2] Today, the plant is a wholly owned subsidiary of Subaru Corporation which produces the Ascent, Crosstrek, Legacy and Outback models.
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Subaru supplies a factory-backed team for Rally America, and has won the driver's title in five of the seasons. [14] Starting in 2006, Subaru of America sponsored the Subaru Road Racing Team (SRRT) with a Subaru Legacy 2.5 GT Spec-B in the Grand-Am Street Tuner class. In 2010, SRRT campaigns a WRX STI in the Grand Sport class. [15]
In March 2021, Advance announced its plans to lease the retail space of 109 Pep Boys stores in California and convert them to Advance stores, enabling the company to expand its retail footprint in a strategic market. On September 11, 2023, Shane O'Kelly succeeded Tom Greco as president and CEO of Advance. [28]