If, like us, you've been racking your brain to figure out how Toyota is possibly going to be able to offer the FT-86 anywhere near its price target, Road & Track may have part of the answer for you. The magazine is reporting that the next-generation Lexus IS will ride on a stretched version of the low-dollar coupe's platform, allowing Toyota to spread the development costs between the two models. With the production version of the FT-86 due in dealerships in 2012, the IS is expected to bow s
Back in March, Winding Road floated the idea that Toyota may be in the process of developing a rear-wheel drive vehicle in the same vein as the Corolla AE86 of the 80s. At the time, it was easy to pass it off as pure speculation. Now, the GTChannel says that its sources in the Land of the Rising Sun have also confirmed that a 2+2, front-engine, RWD vehicle is in the works and that if and when it comes to market its sticker will be "well under [$] 20k" – maybe even $16,000.
The Lexus brand was built on the idea that no segment is sacred, and for too long the German automakers have owned the high-performance entry-level luxury market. The BMW M3, the Mercedes-Benz C-Class AMG, and the Audi S4/RS4 go at each other like Rottweilers fighting over the last piece of Kibble, and now Lexus is planning to stick its snout in the fray with this IS500 seen track testing at the Nurburgring in Germany.