Subaru won't offer a sub-XV compact crossover to rival the Nissan Juke, Jeep Renegade and Ford EcoSport, despite the segment's booming growth.

Company insiders have admitted to Auto Express that although a rugged entry-level car would be a cash-cow for Subaru, the company simply hasn't got the cash reserves to develop the model.

Despite US sales of over 500,000 units and a resurgent Japanese market, Subaru says its 'Juke' would be a primarily European car, and its with sales over here stagnant (WRX STi excepted), the idea to capitalise on crossover-hungry families is dead in the water.

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Subaru Cans Juke Style Crossover - Contemplates Return To WRC Or Possible LeMans Entry

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