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Scion Monogram Series luxes up FR-S, tC

Scion has had plenty of practice launching limited-edition versions of its cars, but the brand's ultimate special line is its recently introduced Monogram Series. First offered on the iQ last year, Scion is now adding this premium equipment package to the 2014 FR-S and tC, and both cars will be hitting the stage at the Detroit Auto Show next week.
The 2014 Scion FR-S Monogram Series will be limited to 2,000 units, and it will have a starting price of $27,400 (*not including the $755 destination charge). Standing as a $3,000 premium over the base 2014 FR-S, the Monogram Series brings plenty of extra goodies, including leather seats with Alcantara inserts, upgraded BeSpoke audio/navigation system, HID headlights and dual-zone climate control, to name but a few. Scion says the equipment in this package represents a $1,900 savings compared to a standard option list.
As for the 2014 Scion tC Monogram Series, Scion is only making 2,500 of these, and it will start at $21,400. That's an extra $2,190 over a base tC, but it also represents a $1,500 savings overall. The tC Monogram Series adds in features like the BeSpoke audio/navigation system, perforated leather seats, keyless entry and pushbutton start and upgraded materials on the center console lid and door panels.

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.

Ford, Toyota clean up in Best Car For The Money Awards

The U.S. News Best Cars for the Money Awards picks winners by looking at the average transaction price, five-year total cost of ownership, the regard a car has from the automotive press, reliability figures from J.D. Power and Associates and safety data from the National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety. The result, according to the magazine, is "the best combination of critical acclaim and long-term value."
Ford nabbed six of the 21 categories that received awards this year, the Focus, Fusion, Fusion Hybrid, Taurus, Escape and Edge getting trophies. Toyota and its Lexus and Scion sub-brands took another five, the Tacoma and Tundra owning the two categories given to pickup trucks. The other ten awards were split between Honda with three, Buick with two, and one each for Subaru, BMW, Hyundai, Chevrolet and Mazda.
Follow the link to see all the winners and read about why they were chosen.