Scion FR-S Convertible & subcompact crossover shown at annual dealer meeting - report
 

Could help to rejuvenate the brand

Scion was launched a decade ago with the hope of attracting the youth market but the brand has failed to live up to expectations.
To combat the deteriorating situation, Toyota has reportedly told dealers they're free to walk away from the fledgling franchise. If enough dealers opt out of Scion, it could increase the number of sales per dealershiphttp://images.intellitxt.com/ast/adTypes/icon1.png which would help their profitability.
While there could be an exodus of Scion dealers, those who stick it out can look forward to a rejuvenated product lineup. According to people who attended Toyota's dealer meeting earlier this month, Scion showed an FR-S convertible and a rendering of a subcompact crossoverhttp://images.intellitxt.com/ast/adTypes/icon1.png. The latter model is reportedly smaller than the Toyota RAV4 and is envisioned as a competitor to Honda's Fit-based crossover which was previewed by the Urban SUV concept. Both models are reportedly concepts but dealers expect them to go into production.


Source: Automotive News

http://content.worldcarfans.co/2012/...5746748632.jpg

ahh, so this is that budget RWD hatch some other thread was talking about? :)

No the RWD they are talking about was that Toyota wants to offer three rwd sports cars Supra at the top, FR-S in the middle and a lower end one. I would think something like this for the SUV
http://s1.cdn.autoevolution.com/imag...al-52834-7.jpg

or this

http://www.blogcdn.com/www.autoblog....yota-a-bat.jpg