Toyota is reportedly preparing to launch a TMG sub-brand.
Named after Toyota Motorsport GmbH, the sub-brand would include models from Lexus and Toyota. There’s no word on what we can expect, but the company has previously created a high-performance Lexus LS, dubbed the LS460 TMG.
TMG is also shooting for a WRC debut in 2014 with a turbocharged 1.6-liter Yaris, and buyers will be able to purchase an FIA version of the model for around €25,000.
Speaking to Car Advice, TMG president Yoshiaki Kinoshita said “After we stopped Formula One, we decided several things. One of these things is to become an AMG-type company.”
Additional information will be released later this year, so stay tuned for details.
– autoblog, worldcarfans