New Toyota MR2 will be Veloster Based

My sources on Toyota's engineering team confirmed today that the new Toyota MR2 would use the same basic platform as another well rounded enthusiast car, the Hyundai Veloster. The MR2 will reuse Hyundai's engine and suspension. Both N/A and Turbo options will be available.

The last generation MR2 was discontinued in 2007.                                                                                                      Photo by Daniel J. Leivick.

The last generation MR2 was discontinued in 2007.                                                                                                      Photo by Daniel J. Leivick.

I spoke with an anonymous Toyota engineer last week to iron out some of the details on the new car. 

Toyota is finding great success in farming its sports car projects out to lesser companies. Subaru produces our GT86, and BMW will soon produce the Supra. However, neither of those companies can manufacture a car as cheaply as Hyundai, and that’s why we knew they were perfect for the MR2.

The Veloster drivetrain will remain unchanged, but the MR2 body will placed on top of it backwards. This is a great way to make a mid-engine car with very little work. It will also be the first road car to use only rear wheel steering. It’s a big change, but I trust our customers to adapt. This new MR2 gives me a very big excitement.
— Toyota Engineer

Also check out this video on the new Supra.