The 2015 Tokyo Motor Show is only a few months away and Toyota is reportedly revealing a number of new models such as the FR concept.

In Japan, FR stands for “front engine, rear drive” and the concept is said to be a two-door compact vehicle, being developed by Toyota's new World Rally Championship team boss and four-time WRC champ Tommi Makinen.

The FR concept will sit below the Toyota 86 and is expected to weigh less than 980 kg. Australian website Motoringadds that the FR concept will be powered by a naturally aspirated 1.5-liter four-cylinder engine that delivers 131 PS.

In this regard, the FR concept will have the same power output as compared to the MX-5's 1.5-liter SkyActiv engine. If this were the case, then this would seem like the rumored Toyota-Mazda shared sports car.

Furthermore, Motoring says production of the FR concept is set to start around December 2016.

Source: Motoring