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1 of 17 Credit: Toyota

Coming soon to Aussie shores will be the Toyota 86, a sportsmobile for the budget-conscious.

An evolution of the FT-86 series of show cars, the production car features a 2-litre boxer engine borrowed and refined from Subaru. With the added direct injection, this engine now pumps out 147kW of power and 205Nm of torque to the rear wheels.

Both six-speed manual and automatic transmissions will be available, as will 17- and 18-inch wheels, but other specification details are a bit sparse on the ground at the moment. Measuring around 4.2m long, the car is about the same length as a Corolla or Golf.

In Japan the car will wear the 86 nameplate in honour of the AE86 Corolla that starred in the Initial D comics and anime. In Europe, meanwhile, the car will be adorned with GT 86 badges, which we seem likely to be adopted here.

The 86 will be released sometime in 2012, with pricing yet to be announced; you can sign up for news and updates on Toyota's website.