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Toyota profits up 23% on high US sales, despite mounting legal costs

Toyota earned $9.3 billion in net income in the financial year that ends next month. The number beats earlier forecasts and marks a five-year high for the automaker, with both operating income and revenue up by 9.5 percent and 2.5 percent, respectively. Toyota saw quarterly profit enjoy a year-on-year jump of 23.4 percent, with the manufacturer earning more than $1 billion between October and December 2012. The good news comes in spite of the fact that the Japanese automaker actually endured an operating loss in North America, due in part to legal fees.
Toyota is set to pay more than $1 billion to owners who claim their vehicles decreased in value as a result of the company's recent spate of recalls. Even so, all three of the automaker's brands enjoyed a 13.5 percent sales increase in the US in the last quarter, beating the industry average. Toyota faltered in Europe, however, where it earned $99 million in operating profit last year, compared to $111 million in 2011. You can take a closer look at the company's full press release below for more information.

2014 Scion xD's available two-tone paint says 'I'm still here!'

As we said in the title, the news here isn't a new, two-tone paint job for the Scion xD - it's that Scion is still building the oddly proportioned hatchback. For 2014, the xD will be available in two different color combinations, which will be split at the car's beltline.
The first combo, Magnetic Gray Metallic and Black Sand Pearl, puts the lighter shade on the bottom and the darker shade up top. The other combo, Sparkling Sea Metallic and Classic Silver Metallic (pictured), puts the more eye-catching color on the bottom.
Interested customers will need to shell out an additional $500 for the two-tone look. Other changes for the 2014 xD include a standard, 6.1-inch touchscreen display, Bluetooth audio streaming and a iPod/USB connectivity.

Scion gets touchscreen audio across the board

On a constant mission to court younger buyers, Scion will be adding some new in-car technology to its lineup for the 2014 model year. All Scion products will now come standard with a 6.1-inch touchscreen audio head unit that we first saw on the 2014 tC (as shown above).
In standard form, this head unit will feature HD Radio, Bluetooth and auxiliary and USB ports. Opting for the $1,198 BeSpoke Premium system brings navigation, integrated social media apps, geo-located POIs and Aha internet radio.
Other changes announced along with the new touchscreen include new two-tone paint schemes for the 2014 xD, a limited-production iQ and pricing for the 2014 lineup. As shown in the gallery, customers can now choose from silver-on-blue and black-over-grey paint combos. The iQ Monogram gets a burgundy-over-silver paint job with a limited run of just 150 units, and it goes on sale in October starting at $16,520 (not including $755 for destination).