Toyota will unveil next month at the Paris Auto Show the 2009 iQ, a tiny front-engine four-seat car that will go on sale in Europe and Japan this winter. But this is just the start, Toyota plans to build more models on iQ’s architecture: the next-generation Yaris, a seven-seat microvan, and a hybrid to challenge the 2009 Honda Insight.
This cross-utilization is so that the 2011 Yaris can be improved and reworked to fight the Honda Fit. Toyota will have the iQ-derived small hybrid on sale about a year after the next-generation Prius makes its debut. The company intends to build a million hybrids a year from 2010.