2010 Scion Xd on 2040-cars

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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.

Scion tC Release Series 10.0 is a limited-edition sayonara

We wish Scion could have gone out with a bang. But nope, it's yet another of the brand's Release Series models. The long-running group of special editions has been hit-or-miss over the years, but seemed to find its grove with its most recent FR-S Release Series 1.0 and 2.0. This is not an FR-S Release Series, though. It's a tC. You know, the only model that won't survive the Scion brand's death. Maybe we're being mean. Scion has made some decent tweaks for its Release Series 10.0, including TRD-branded lowering springs and a TRD exhaust. The Ken Miura body kit is a highlight too, and while Toyota has slathered its Barcelona Red on plenty of vehicles, we think this Scion is the best application of the shade. Other aesthetic changes, like the black badges, gloss-black wheels, and red contrast stitching could have been kitschy, but they actually kind of work. Like all Release Series models, this special tC will be limited to just 1,200 units. Prices start at $23,985 for the manual transmission model or $25,135 for the auto-equipped car. We've got a round of live images of the new tC Release Series 10.0 from the New York Auto Show up top. Be sure to take a look – it's the last new Scion you'll ever see. Scion-ara Celebration at New York International Auto Show Includes JDM-inspired tC Coupe and Classic Concepts TORRANCE, Calif. (March 16, 2016) – Scion is not going away quietly. With a final Kei Miura-inspired tC Release Series 10.0, a display of some of its most impressive project cars, and cool swag, the Scion by Toyota booth is sure to be a flurry of activity at the New York International Auto Show, March 25 – April 3, 2016. It's only fitting that Scion closes its auto show history at New York since that's where it all began. Fourteen years ago Scion debuted its first concept vehicles and announced the new youth division for Toyota that would be a laboratory for experimentation and introduce new products and processes. That commitment to innovation carries through to the debut of Scion's final Release Series vehicle for the tC sports coupe, Scion's most popular car. Thanks to a partnership with Kei Miura, known for his JDM aerodynamic designs, the final edition MY16 tC Release Series 10.0 will leave quite an impression with enhanced performance, and aggressive exterior and interior features.

Scion to offer redesigned xB for 2015, FR-S sedan in 2016?

The future of the Scion brand remains up in the air, with a report from a few weeks back that Toyota dealers with attached Scion franchises could drop the youth-minded brand without penalty, rarely a good sign. That report was contrasted, though, with a story out of Australia that claimed we'd see a four-door sedan based on the splendid FR-S's overseas sibling, the Toyota GT 86. Now, we're hearing that a revised xB, Scion's formerly lovable toaster, is on the way. What gives?
As for the new xB, the news comes from our friends at Edmunds, which cites an unnamed source, who claims a new box-on-wheels should arrive in 2015 as part of potentially larger push for the Japanese sub-brand. Aside from the original xB, which enjoys a strong cult following, and the FR-S, Scion has had fewer home runs than Prince Fielder's post-season.
"In the next two calendar years, we will have a blend of both upgrades to the products we have in the market and at least one new model," according to Scion's vice president, Doug Murtha, who spoke to Edmunds via phone.