Well, they did the LF-A, which was stupid because they'll probably lose money on it. And FT86 Subayota was supposed to stem models for both companies. However, they delayed that many years, and Subaru hasn't even shown a concept of their version. Now they want to make two very similar cars from it, one a "low budget" (with a 25k base price, or so the rumors proclaim) FT86 and the higher performance Supra.
But even the LF-A has issues, like having almost nothing notable about it. Sure, it has cool computers and the tach is digital because gauges can't keep up, but the GT-R has more - and that is a supercar killer. The LF-A is a supercar that doesn't kill much of anything in its own class. Also, Toyota's most recent attempt at a sports car was this:
So forgive me if I don't have too much confidence. The Subaru version'll be good, because they'll just have one and it'll be like a STi coupe. Toyota, however, is sure to throw in a hybrid and economy buttons, and probably forget to throw in an anti-smug device.
-Leadfoot