Toyota launched the second generation of its Ractis subcompact in Japan. Never heard of a Ractis? No wonder: The first generation Ractis, introduced in 2005, was available only in Japan (and maybe a few in Hong Kong.) This one will receive wider distribution. Also, Subaru has been itching for its release. (Read More…)

Toyota will supply small Subarus to Fuji Heavy, so that Fuji Heavy and Subaru can focus on midsize cars. According to information developed by The Nikkei [sub], “Toyota and Fuji Heavy intend to release a jointly developed sports car under their respective brands as early as the end of 2011.” If the Nikkei has its stuff together, then we might finally see the often delayed FT-86 next year. As a Toyota and a Subaru. (Read More…)