Well... sort of.
Just last week, we received word that the Toyota Yaris hatchback would be discontinued for the 2019 model year. After years of slow sales and a lack of a significant refresh, we weren't surprised to see Toyota get rid of this model. Toyota will still offer the Yaris sedan (formerly called the Yaris IA) for the 2019 model year. While the hatchback was built by Toyota in France, the sedan is actually built in Mexico by Mazda. In reality, the Yaris sedan is actually a rebadged version of the Mazda2 sedan, which isn't sold in the United States.
Although the Yaris will miss the 2019 model year, it won't be gone for long. Toyota spokesperson Nancy Hubbell told us, "We're working on something new for MY2020 and look forward to seeing you at the New York Auto Show for more details." It is likely that this new 2020 Yaris hatchback will be based on the Mazda2, just like the current Yaris sedan.
We prefer the Mazda-based sedan over the Toyota-built hatchback because of its upscale interior and sporty driving characteristics. The Yaris sedan had respectable sales in 2018 with 25,269 units compared to just 1,940 units for the hatchback.
We reached out to Toyota again for an official confirmation, though it looks like we will have to wait until the 2019 New York Auto Show in April to know for sure. If the 2020 Yaris hatchback is based on the Mazda2, we expect it to share the Yaris sedan's Mazda-derived 1.5-liter four-cylinder producing 106 horsepower. Transmission choices should be a six-speed automatic or a six-speed manual and the interior should utilize Mazda switchgear and technology. Since the Mazda2 isn't offered in the US, this partnership with Toyota should be beneficial for both companies.