Toyota developing sub-GT86 coupe?

The coupe will pay homage to the Sports 800 that was introduced in 1965.

A report coming out of Australia finds Toyota is in the early stages of developing a new coupe that will slot beneath the Scion FR-S.

The coupe is called 69DZ internally. An inside source told website Motoring that the proposed prototype's striking design blends retro-inspired styling cues that pay homage to the 1965 Sports 800 - Toyota's first-ever sports car - and more modern features borrowed from the limited-edition GT86 Style Cb (pictured) sold exclusively in Japan.

Power will come from a tweaked version of the 1.5-liter four-cylinder engine that powers the Corolla in a number of global markets. In its most basic state of tune, the direct-injected four-cylinder will send 130 horsepower to the rear wheels via either a standard six-speed manual transmission or an optional six-speed automatic unit.

Interestingly, Toyota will make sure the coupe is a true driver's car by enlisting former World Rally Championship pilot Tommi Makinen to fine-tune the chassis in the final stages of the development process.

The coupe is still at the embryonic stage of development and it hasn't been given the green light yet. If built, Toyota's yet-unnamed entry-level sports car will land on our shores with a Scion emblem in 2018 at the earliest. It will carry a base price of approximately $17,000, making it over $8,000 less expensive than the FR-S.

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