The Toyobaru deserves a place in the mythical creature pantheon with vampires and the Loch Ness Monster -- every official denial is followed by another sighting. The latest speculation on Toyota and Subaru's coupe project provides more details, suggesting specs of 200 hp and 145 lb-ft, MacPherson struts forward and a multilink suspension aft on a 2,700-pound vehicle.
Supposedly the car's mechanicals are Subaru's work; Subaru's 2.0-liter engine is mentioned, but not the Toyota-designed heads that have been mentioned before. The look of the car is on Toyota's shoulders and will come in two slightly different flavors for each marque to sell. The car should cost around $20,000, and expect it to arrive in 2011. Or not. Hat tip to Ben D.

[Source: Road & Track]

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