Following last week’s reports of a possible cancelation of the Subaru BRZ, the company has confirmed that it is in fact planning on launching a second generation Subaru BRZ.

Second generation Subaru BRZ in the works

Speaking to Automotive News, Fuji Heavy Industries president Yasuyuki Yoshinaga said that Subaru will again join forces with Toyota on the BRZ’s replacement, saying that the BRZ is “not going to be just one generation”.

Rumours about the BRZ being canned surfaced last week when Drive Magazine Australia conducted an interview with the 86?s chief engineer, Tetsuya Tada. Tada was quoted saying that an agreement between Subaru and Toyota on the 86/BRZ replacement had yet to be confirmed. However, Yoshinaga’s comments puts those rumours to bed.

“Toyota and Fuji Heavy will work on a successor to the current generation, which debuted in 2012,” he said. “Without Toyota’s volume, it wouldn’t be viable for Subaru to build the car by itself.”

Toyota intends to expand its involvement with BMW as the pair are working together on a high-performance sports car which will be positioned above the GT 86. At present, Toyota relies on Subaru’s production facilities to build the 86, as both the 86 and BRZ are built on the same line in Gunma, Japan. This would mean that Subaru needs the higher sales volume of the 86 to help keep the BRZ financially sustainable.

This is great news as we at Cars.co.za love the little BRZ and a second generation Subaru BRZ will be widely anticipated.