Toyota understands the pent up demand in Europe for more fuel-efficient, urban runabouts, and the iQ concept car seeks to fill that growing niche. According to the Nikkei business rag, the iQ will move from concept to production as early as 2009, with approximately 100,000 vehicles built each year in Japan and exported to Europe.
The concept version of the iQ comes in at 2,980 mm, or about 80 cm shorter than Toyota's smallest vehicle abroad, the Aygo. Power is likely to come from a one-liter gasoline engine, with the possibility of a diesel-equipped model later on.
[Source: Automotive News – Sub. Req.]