You’ll remember the Toyobaru, the compact rear-drive sports coupe that Toyota and Subaru are developing together.

This is the spiritual successor to the tail happy '80s Toyota Corolla GT, the long time fave of Japan’s late night drifting crew.

'Toyobaru' sports car confirmed

Toyota’s long wanted to do a new one. Now, it’s going ahead albeit with a twist. The new coupe will have a Subaru Boxer engine, be made by Subaru but marketed by both Toyota and Subaru.

Or at least that was the plan when the car was announced in Tokyo last April, with an on sale date then set for late 2011.

The world has turned a lot since last April but still the Toyobaru is on track and around this time next month, you’ll see it for the first time at the Tokyo moto show.

The Toyobaru (it won’t actually be called that but maybe it’s not such a bad name under the circumstances) is still under wraps for a couple more weeks yet, but I can say the car looks good and has the makings of a cracking drive.