2006 Blue Scion Xb 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.

World Car Of The Year down to its final four

Judges for the World Car of the Year Award have narrowed down the finalists to just four vehicles. Out of a total of 42 entries, only the Mercedes-Benz A-Class, Porsche Boxster/Cayman, Scion FR-S/Subaru BRZ/Toyota GT-86 and Volkswagen Golf remain standing. For Volkswagen, this marks the second consecutive year the company has had an entry among the finalists, and the fourth time since 2009. In order to qualify, a vehicle must be on sale on two continents during the span of time between January 1, 2013 and May 30, 2013. A panel of 66 journalists from 23 countries then vote on the finalists.
Three vehicles have made the cut for the last round of voting on the 2013 World Performance Car as well, with the Cayman/Boxster and FR-S/BRZ/GT-86 running against the Ferrari F12 Berlinetta. Meanwhile, the Renault Zoe, Tesla Model S and Volvo V60 Plug-In Hybrid are duking it out for the World Green Car Award. Finally, the World Car Design of the Year Award is up for grabs between the Aston Martin Vanquish, Jaguar F-Type, and the Mazda6. Check out the full press release below. Overall winners will be presented at the 2013 New York Auto Show.

Scion sketches SEMA spread starring Slayer, skateboarder

I was in Nashville last weekend for a friend's bachelor party. It's all rather fuzzy, but I do recall that my friends and I found it hilarious to request Slayer every time one of the country groups on the Broadway strip asked for a specific song to be played. While there were a few good sports, most didn't find it too funny, largely because country music and Slayer don't mix all that well. Actually, Slayer and a lot of things don't mix too well. Like Slayer and Scion, Toyota's slowly withering youth brand.
This mish-mash hasn't prevented the Japanese budget brand from teaming with the metal group for a concept vehicle based on the tC coupe (shown above). If the Slayer link is a bit too extreme, Scion has a more mainstream xB, styled by skateboarder Riley Hawk on the way. Both new vehicles will be shown at the upcoming SEMA show, but Scion has opted to release a pair of sketches of both aftermarket creations ahead of the Las Vegas expo.
It's hard to tell what kind of exterior changes have been made to the tC, although Scion says the cabin now boasts a 32-inch monitor, as well as a heavily revamped stereo. As you can see, it will say "Slayer" on the door, in the band's stylized script.