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According to a report by the Associated Press, Akio Toyoda, the newly installed CEO of Toyota, confirmed that the company will go ahead with plans to build a sportscar in collaboration with Subaru.

"I am very excited about it and I plan to fast-track it," Toyoda said.

Toyoda also told an audience at a management seminar in Traverse City, MI that he feels as though the company is at a new beginning that requires a new way of thinking.

"I want to see Toyota build cars that are fun and exciting to drive," he said.

Seems like we've heard that one before.

Source: insideline