Report: Toyobaru delayed until 2012 or later

The rumors of the sports car that Toyota and Subaru were working on have been replaced by rumors that the car has been put on hold. Earlier news had posited a rear-wheel-drive sports car with "wonderful style," based on the current Subaru Legacy platform, with a boxer engine putting out around 200 hp through a six-speed manual. Originally due in 2011, now, according to Nikkei, the car has been pushed back to at least 2012. If things get worse before they get better, we have a feeling that 2012 will also come and go without Toyota fielding another dedicated sports car entrant. So move along, folks, there's nothing to see here, please return to your Camrys and cue up Queen: another one bites the dust...

[Source: Bloomberg]