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Scion rolls out its past concepts, one last time

In 2002, we first met Scion by way of the silver BBx concept you see above, the iconic toaster that soon became the production xB hatchback. That was the official kick-off of Toyota's youth-oriented brand, and it all started right here at the New York Auto Show. But Scion's being phased out this year, and the very last brand-new car is a special edition tC – interesting, since that's the only model not being carried over with Toyota badges. So to commemorate the life of Scion, just as it comes to an end, a number of the brand's most important concepts are on display in New York. The BBx is arguably the most important concept, though the one that garnered the most attention in recent years was the original FR-S (the "Friggin' Really Sweet" car) from the 2011 New York show. That came to production as Scion's (and Toyota's) best-driving car, using a lightweight, rear-wheel-drive architecture shared with the Subaru BRZ. Thankfully, the Scion FR-S will live on as the Toyota 86. Also of note are the 2004 FiveAxie Speedster xA, 2009 Kogi BBQ Truck XD, original 2009 iQ concept (remember the iQ?), and a 2014 tC designed by Slayer. They're all on display here in New York, and you can see them all, one last time, in the gallery above.

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 reveals iM concept ahead of LA debut

After dropping a teaser image on us a few weeks ago, Scion has revealed in full the new iM Concept it's bringing to the Los Angeles Auto Show next week. As expected, the concept is clearly a rebadged version of the Euro-market Toyota Auris, only with some "European Racing Circuit Styling" upgrades to make it look more aggressive.
Along with the Scion logos, the five-door hatch is treated to a deeper air dam flanked by angular vents with stacked fog lamps, beefed-up wheel arches linked by widened side sills and filled with 19-inch, anthracite-finish alloys on low-profile rubber. Vented brake discs and four-piston calipers join an adjustable suspension as show-worthy equipment upgrades.
The sporty treatment continues around back with a similarly aggressive rear bumper and roof spoiler. Even the wing mirrors are replaced with narrower units. Little wonder it's all done up in a shade Scion calls "incrediblue" that looks rather similar to what sister-brand Lexus would put on one of its F-branded performance models - or for that matter what corporate ally Subaru would put on an STI hot hatches like the WRX.