Toyota MR2 Will Be Reborn With Help From Porsche

Sports Cars / Comments

The latest rumors claim Toyota wants to work with Porsche to bring back the MR2.

Toyota once had a reputation for only making boring cars, but the company's sports car lineup keeps getting better and better with the reborn GR Supra, the new and improved 86, and the rally-inspired GR Yaris pocket rocket. But some enthusiasts are still clamoring for the Toyota MR2 to return after the Japanese mid-engine sports car was discontinued back in 2007.

There have been conflicting reports about Toyota's plans for the MR2. Rumors have suggested the MR2 will make a comeback, but last year Toyota's vice president of Europe, Matt Harrison debunked these rumors when he said a new MR2 is "not a priority." One year later, the Toyota MR2 rumor mill is in full swing again.

Behance/Esa Mustonen
Behance/Esa Mustonen
Behance/Esa Mustonen
Behance/Esa Mustonen

According to Japan's Spyder7, the development of a new Toyota MR2 has been given the green light. Allegedly, the next-generation MR2 will be inspired by the Toyota Alessandro Volta (pictured below, a concept that debuted way back in 2004 at the Geneva Motor Show. If the report is true, the new MR2 will look sharper and more aggressive than its humble-looking predecessor.

However, in an industry where sports car sales are declining, justifying the resources required to build a new sports car like the MR2 won't be easy. To reduce costs, Toyota teamed up with BMW to jointly develop the GR Supra, which shares components with the BMW Z4. Likewise, the new Toyota 86 was co-developed with Subaru.

Toyota
Toyota
Toyota
Toyota
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According to the publication, Toyota wants to adopt a similar strategy for the new MR2 and is looking for a technical partner to help resurrect the mid-engine sports car. Allegedly, Toyota has approached Porsche and Lotus.

As for the powertrain, the publication claims the new MR2 will be a plug-in hybrid combining either a 2.9-liter or 3.0-liter V6 with an electric motor to produce a combined output of 345-395 hp. That would put it in Nissan Z territory. In Japan, the new MR2 is expected to cost around six million yen ($52,700). This would slot it above the Toyota GR Supra, which starts at $40,000 in the US.

If development goes according to plan, the new Toyota MR2 will launch in 2024, but until we hear something official from Toyota we'll have to take these rumors with a pinch of salt for now.

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Toyota
Toyota
Toyota

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