Toyota confirms second-generation Lexus LFA

Company president says \'every generation\' deserves a car like the LFA.

Toyota has confirmed that its engineers are working on a second-generation LFA supercar.

The current model spent ten years under development, eventually arriving on the market for the 2011 model year. The company sold just 500 examples over the span of two years before production ceased.

"[Toyota president Akio Toyoda] believes that every generation deserves to have a car like an LFA, so we're building an LFA for the generation we have today," Toyota executive vice president Mark Templin said at an event for the NX, as quoted by Bloomberg.

Recent rumors have suggested the Japanese automaker may have involved BMW in the development process for the next-gen LFA, potentially embracing hybrid all-wheel-drive technology to take on the upcoming NSX and the Porsche 918 Spider.

Templin suggests a halo sports car will likely be present in Toyota's long-term plans, eventually bringing "another special car for another generation," though the current LFA development cycle suggests a third-generation model may be decades away.