This year, it seems that the Japanese automaker, Subaru, is having pretty good luck. Its sales for this year, until the end of November 2014, have increased by 21% compared to what the company managed to achieve in the previous year. However, it may not be that lucky at all sectors, after all. According to some of the latest reports in the automotive industry, the company has had no option but to cancel its plan to manufacture the XV Crosstrek, which the company once planned to manufacture in the US soil.
The company in question will instead build the Scooby crossover model in Japan. It is said that the crossover will be manufactured at the very plant that also rolls out the Levorg, Impreza and even the BRZ vehicle lineups. The plant is known to be located at the Gunma prefecture in Japan.
The reasons the company is canceling the XV Crosstrek model are said to include the production capacity limit it has at its Indiana plant. In addition to that, the Japanese Yen is also weakening against the US Dollars. Originally, the Japanese automaker planned to build 65,000 units of the Crosstrek each year. However, considering the new math, particularly the value of the Japanese Yen, this will no longer prove to be profitable for the company.
Yet, it seems that Subaru is not the only automaker in the world that is currently choosing to produce vehicles back in their own home country. As reported by the Reuters, another Japanese automaker, Toyota, is also moving back the production of its Camry model to Japan. Yet, besides Subaru and Toyota, Nissan is also planning to do the very same thing with the Rogue model. Well, it seems some automakers out there, especially those from Japan, are quite severely affected by the weakening of their currency towards the US Dollars.
