Projects do get canned at the last minute. Look no farther than the Honda HSV.
They weren't exactly lying about a roadster and shooting brake. The problem is sales are falling so Toyota does not want invest if they are uncertain about the return.
I wouldn't say all of Australia's auto media is fake news.
Motoring.au was right about the sub 86 car
Published: Friday, 21 August 2015
http://www.motoring.com.au/news/2015/toyota/tokyo-motor-show-toyota-small-fr-concept-53346
vs the real thing.
They were actually one of the 1st sites...
Thats the thing, its a niche product. They don't plan on being common like the Mustang. Earlier reports said they plan on making 60k units a year. I am assuming half and half for Toyota and BMW. If this car sucks so bad, than buy a Mustang.
When looking back at past stories; MT seems to have the inside scoop ahead of time. I think they're also one of the more reliable sources out there, but auto only is kind of a boner killer. :(