Toyobaru sport car confirmed

Toyota's President, Akio Toyoda, has officially confirmed the company will team up with Subaru to develop a new sports car. While few details were released, Toyoda said "I want to see Toyota build cars that are fun and exciting to drive." He added that the new sports car would help Toyota accomplish this goal and that he is "...very excited about it..." and plans to fast-track it.

The car is expected to feature sporty styling (as these rendering suggest) and a powerful but fuel efficient engine. There are 2 type of 2.0-liter Subaru boxer engines equipped to the car which produce either 160hp or 200hp.