Autoblog

Toyota halted exportation of the MR2 to the U.S. in 2004, primarily due to slow sales and fierce competition from other manufacturers (read: Miata/MX-5). However, in the MR2's home country and in the U.K., sales have continued, albeit at a slower rate than when it was introduced in 1999.

Now, the same trend that killed the mid-engine, drop top Stateside, has spread throughout the world and Toyota has decided to end production of the MR2 altogether in early 2007. However, the automaker has decided that one last limited edition version will be manufactured before production ceases, with 1,000 "V-Edition" MR-S' being sold in the U.K. and Japan in mid-January.

The "V-Edition" will come equipped with distinct wheels, new aero bits and a helical limited slip differential, while the driver is greeted with a new three-spoke wheel, instrument panel and titanium accents inside.

It's disheartening to think that when Toyota kills off the MR-S, as it's known outside the U.S., there won't be a single sporting offering from the Japanese automaker for the first time in decades. We know that the LF-A is on its way and that a new Supra is in the pipeline, but both the heritage, and the devout enthusiast community that has formed around the MR2, will be let down if the esteemed coupe doesn't make a return to market soon.

The Toyota MR2, which was last sold in the U.S. as a 2005 model, will officially come to an end in Britain as well when the final 300 units on sale now find homes. The TF300 MR2 models will be numbered special editions with upgraded leather and Alcantara clad seats. Toyota is offering to stitch each vehicle's number in the seat backs, as well. Twin stainless steel dual exhausts will augment the 1.8L four-banger that comes standard in the mid-engine roadster. These final commemorative units will be priced from £18,015 ($33,745 USD).

We don't speak Japanese so visiting Toyota's domestic site didn't provide any insight into the car's status on its native soil where it's known as the MRS.

[Source: WhatCar?]