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Scion considers moving upscale

Toyota's struggling Scion brand may move upscale to challenge entry-level luxury models coming from European automakers. The new lower-luxury niche includes Mini, the front-wheel-drive Mercedes-Benz CLA arriving this fall and Audi's compact A3 sedan shown last week on the eve of the New York auto show. Scion has gone after young entry-level buyers since its inception 10 years ago but has lost its early momentum.

Yearly driving costs rise 3.4 percent

This won't be a surprise to anyone--it's costing more to own and drive a car. Higher prices for fuel and tires, and a larger drop in the resale value of cars, pushed the average cost of owning a sedan to $8,776 a year, according to AAA of Heathrow, Fla. That's up 3.4 percent from a year ago.

Callaway to give 2014 Chevrolet Silverado and GMC Sierra a boost

Callaway has just announced the debut of supercharged versions of the 2014 Chevrolet Silverado and GMC Sierra pickup trucks. This news comes only weeks after Callaway made known their intentions to fit market a version of the Silverado with an Eaton TVS supercharger. The Connecticut-based tuner has developed a new supercharger manifold and some other hardware for the new Chevrolet L83 Ecotec engine, which is expected to produce around 455 hp (though these are preliminary figures).