Update: Toyota FT-86.
- shares

As of late, Toyota has become a brand synonymous with 'whitegoods' motoring, usually a favourite of fleet buyers and 'A to B' type motorists.

Now the brand is set to rekindle its performance spirit by resurrecting its iconic gem - the AE86 coupe - with the pending debut of the Toyota FT-86 Concept at the Tokyo Motor Show.

The FT-86 ("86" pronounced "hachi roku") Concept represents the culmination of a collaborative engineering agreement between Toyota and Subaru with each manufacturer sharing components and expertise to deliver an affordable rear-drive sports coupe.

Toyota-FT-86-Concept-14

While Subaru is not planning to debut its sister model at the Tokyo Motor Show, it will share the same underpinnings and powertrain but feature an all-new look on the outside.

The FT-86 Concept is a step in the right direction for Toyota and draws its inspiration from the FT-HS Hybrid Concept shown at the Melbourne Motor Show which was popularly speculated to influence the next Supra.

Toyota-FT-86-Concept-16

Instead of aligning to the latest motoring trend and employing an expensive hybrid powertrain, the FT-86 Concept uses a Subaru-derived 2.0-litre normally-aspirated boxer engine which sends power to the rear wheels.

The whole car has been engineered to reincarnate the iconic performance coupe in its purest form with a low centre of gravity, lightweight construction, silky aerodynamics and modest power fore racecar-like handling.

Toyota-FT-86-Concept-12

Sales are expected to begin in Australia by late 2011 with pricing surely to fall well below the current $40,000 hot-hatch benchmark.

[gallery link="file" order="DESC" columns="4" orderby="ID"]