Recently, rumors were leading us to beileve that along with the turbo version, Toyota would also toss the idea of offering a convertible version of the GT 86 onto the scrap pile. Well, new details suggest that the GT 86 convertible is not stillborn; rather, it is simply in a holding pattern, according to Tatsuya Tada -- the man behind the GT 86 project.

Previous rumors suggested that the model was canceled due to expected high manufacturing cost, but in a recent interview with the Australian magazine CarAdvice, Tada insisted that the project is still "under study."

Tada actually went so far as to confirm that another concept version of the GT 86 convertible will make its way to the 2013 Tokyo Motor Show, which kicks off on November 22nd. This shouldn't come as a surprise, given the success of the coupe variant. In fact, we would be even more shocked to see the convertible model axed.

Click past the jump to read more about the Toyota GT 86.

Toyota GT 86

The GT 86 appeared as a concept for the first time at the 2009 Tokyo Motor Show and the production version followed two years later at the same show.

The new GT 86 is based on an entirely new platform and features a low, highly aerodynamic body shell. It is powered by the same engine as its Subaru sibling, the BRZ -- a 2.0-liter, naturally-aspirated gasoline engine that delivers a total of 200 horsepower. This engine is mated to either a six-speed manual or a six-speed automatic transmission.

On the U.S. market the model is sold as the Scion FR-S and is priced at $24,930.