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Toyota chief: Scion in no danger of shutdown

Despite three years of lackluster sales, Toyota's Scion youth brand is not in danger of being shut down, Toyota Motor President Akio Toyoda said. “There is no concern, no danger for Scion in the future,” Toyoda said in a roundtable interview with journalists at the Detroit auto show on Monday. Scion's U.S.

BMW introduces diesel 2015 X3 before Chicago Auto Show

BMW's successful X3 SUV is getting new features for 2015, the company said on Wednesday before the Chicago Auto Show. For the first time in the U.S., a diesel engine will be offered on the midsized 'ute, as will a lower-cost rear-wheel drive model. The BMW X3 xDrive28d -- quite a mouthful -- will deliver 180 hp and a robust 280 lb-ft of torque using a 2.0-liter, TwinPower turbo diesel engine.

News watch July 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 30 July 2010• Renault has reported a net income of €823 million – with an operating margin of 4% and sales up 22% globally. Its worldwide market share now stands a whisker up at 3.8% (Renault)• La Regie said its business was performing much better than during the same period last year, when the recession bit into its profits.