Report: Toyota, Subaru to Develop Sports Car

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Take the best of Toyota and best of Subaru and what do you get? If you said an all-wheel-drive hybrid sporting a huge hood intake and the road feel of warmed-over lasagna, you're way off. According to Automotive News, Fuji Heavy Industries, parent of Subaru, and benefactor Toyota are working up a new sports car to be sold under the Toyota brand. The car, which could supplant the discontinued MR2, would likely sell for around 17 grand and come with an engine displacing less than two liters. That powerplant would be hooked to Subaru's symmetrical all-wheel-drive gear. Expected release date is 2010. No word on powerplant, but we know more than a few Scoobieheads gunning for the boxer four.