The AE86 was discontinued in 1987, but now that Toyota has no sports cars left in its lineup, it seems that the old car will come back to life. The car will weigh under 1,000 kgs and will be powered by a 1.5 liter 2NZ-FE that may produce 120 horsepower.
There are no info if the car will get to US market, but pricing is expected to be around $12,300.