2006 Scion Xb Millage 49k on 2040-cars

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Toyota tops Kelley Blue Book's Resale Value Awards

Kelley Blue Book announced its annual Best Resale Value Award winners, and we weren't too surprised to see the list dominated by Japanese automakers - mainly Toyota and Honda. KBB hands out the awards based on the projected residual value of mostly all 2013 model year vehicles, and Toyota skated home with a number of awards including 10 of the 22 overall categories and having five of its products in the top 10 for models with best resale value. KBB's Best Resale Value Awards were announced in the same week as the ALG Residual Value Awards, and there were many similarities between both lists, especially when it came to Toyota.
To come up with its winners, KBB measures depreciation over the first five years of ownership, and looks for the cars it expects to hold its value the best after this time; on average, the report says the 2013 model year vehicles will lose 61.8 percent of its value in five years. Of the 22 categories, 15 slots were filled by Toyota, Honda and Nissan products, while the Camaro and Porsche (Cayenne and Panamera) each took home a pair of awards. If Toyota has anything to be upset about in this list of cars, it's that categories for Hybrid/Alternative Energy Car and Electric Vehicle went to the Ford Fusion and Chevrolet Volt, respectively.
The overall top 10 models for the best resale value in 2013 are, in alphabetical order:

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.