According to the BC Super Scoop Special issue, Toyota is working on a low budget FR sports car, which will compete with Mazda's new MX-5! It is not the first time I come across with this info, but now there are at least some number claimed...
So, BC claims that the new car should make its debut in 2013 and it will cost around ¥ 1,500,000. The engine will displace 1.5L delivering 105 ps and 14.4 kgm of torque. Power will be transmitted via a manual gearbox to the rear wheels and it should manage a fuel efficiency of 16.0 km/L. Total length is claimed to be 3,570 mm. Hmm, not impressed yet? Well, the total weight should be around 900 kg!!!