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State of Scion: What's next for the original alternative-rock car brand

“This is gonna be awesome!” the spiky-haired guy in the Scion video screams, epitomizing in five words the enthusiasm the youth-oriented brand has tried to stand for over its seven-year history. But now there's competition. It's not enough to make quirky cars and market them to the alt-rock generation.

Baby Jag Gets A Name

LUXURY car maker Jaguar has released a teaser picture of its next new model, in advance of a full reveal later this year. Positioned below the firm's mid-size XF, the new XE is expected to do battle with the likes of BMW's 3 Series, Audi's A4 and Mercedes' C-Class. Industry experts are predicting a sub £30,000 entry price for the XE, which will be powered by a new range of Jaguar designed and built engines.

Chrysler reportedly set to expand Toledo assembly plant

The Chrysler Group is planning to expand its Toledo, Ohio, assembly complex, adding a second shift and more than 1,100 jobs to the operation that currently builds the Jeep Liberty and Dodge Nitro SUVs, the Toledo Blade newspaper reported Thursday. The $365 million investment could be the first of several major expansions to Chrysler's Toledo operations, which also include production of the Jeep Wrangler at the nearby Toledo North Plant, the newspaper reported. The automaker disclosed the plans in documents filed in a city tax application that will be discussed by local officials at a meeting Thursday night, the report said.