Toyota will be updating the Matrix in Spring 2008 and the automaker is using the Mazda3 as its design inspiration (good choice) for the hatchback. The Corolla-based vehicle is already sold in Europe as the Auris and in Japan as the Blade. The US-based Matrix will have different sheet metal than in other markets but it may be taking on the Blade name since Toyota has registered the name with the US Patent and Trademark office. The Japan market Blade has a 2.4L engine producing 158 HP, which would be a big bump from the 126 HP that powers the current Matrix.
[Source: Automotive News - Sub. Req.]