The future of the Toyota GT 86 Convertible is very much "on ice" at this point, with pretty much no chances for it to be put into production.

Overall drop-top sales have plunged since the financial crisis of 2008, creating very little market for even the best cars like the Mazda MX-5.

But even better is what they are planning instead. Work is already well underway at Toyota ->ke88 on an affordable rear-drive sedan version. This rendering gives a good clue to the GT86 sedan.

Toyota officials confirm that the concept will debut at the 2014 Geneva Motor Show.

The new GT86 sedan will go on sale in late 2015, with Toyota perhaps not sharing this body style with Subaru and Scion.

The first details on the GT86 suggest it will be about 100 mm (3.93 inches) longer than the coupe version.

The four-door will also wear a few exterior updates, including a new “keen-look” grille design that appears to replicate the shape of a Japanese ‘katana’ Samurai sword.

Under the hood, the sedan will keep the usual 2.0 liter boxer engine for most trims.

A performance hybrid is also very likely. It is believed that this version will use Toyota’s current Hybrid Synergy Drive system that incorporates a one-motor parallel drive set-up and most likely F1-style KERS (Kinetic Energy Recovery System) technology. This system delivers a total of 268 horsepower and improves fuel economy by about 10 to 15%.

Click past the jump to read more about the standard Toyota GT86.

Toyota GT 86

The GT 86 made its world debut at the 2011 Tokyo Motor Show, after two concept versions were unveiled in the years before. The sports coupe was developed in cooperation with Subaru and the two developed an all-new platform for it. On the U.S. market the model is sold as the Scion FR-S.

The GT-86 is powered by a 2.0-liter naturally-aspirated flat-four engine that delivers a total of 200 horsepower at 7000 rpm and maximum torque of 151 pound-feet at 6600 rpm. This engine will be mated to either a six-speed manual or a six-speed automatic transmission and sprints the car from 0 to 60 mph in 6.2 seconds and up to a top speed of 140 mph.