UPDATE: Ed Hellwig from the Straighline Blog totally disagrees.
click above image for high-res gallery of Toyota's FT-HS Concept
Toyota's next-generation Supra is veiled in mystery, but we tend to take seriously any news coming from Winding Road's Peter Nunn because, well, he actually lives in Japan and hears the hometown gossip. According to Nunn, rumor has it that the next-gen Supra's design will be inspired by the FT-HS Concept, which we kinda sort of already knew, and be powered by either a hybrid drivetrain or an all-gas V6.
The last issue of Automobile Magazine claimed that the FT-HS Concept would go into production as Toyota's Supra successor, but made no mention of another all-gas version. WR's Nunn, however, speculates that the car will be offered with either an updated version of the 3.5L V6 from the Lexus IS350 producing around 330bhp and a V6 hybrid drivetrain likely scooped from the Lexus GS450h and producing 400bhp.
The all-gas Supra would obviously be less expensive than the hybrid version, and thus would likely be the volume seller of the two. Looks like we're expecting both to arrive sometime in the latter half of 2008, though any details having to do with Toyota's plans for the Supra are obviously about as firm as Jell-o.
[Source: Winding Road]