Carscoop is reporting that Toyota has finally confirmed what many have long suspected: The next Scion tC will be a variant of the upcoming Subaru-Toyota rear-wheel-drive coupe project. At a press conference back in April, Toyota CEO Katsuaki Watanabe had confirmed that his company was jointly developing a pair of rear-wheel-drive sports cars with Subaru. Each brand would get its own version of the car, which would each be powered by one of Subaru’s boxer engines.

It looks like that powerplant will be around 2.0L in size and put out around 200 horsepower. Based on an all-new RWD platform, the affordable coupe should show up Stateside by the end of 2010, or possibly early 2011. That new tC will probably be joined by a version of the iQ minicar in Scion dealerships as well, also according to Carscoop’s Toyota insiders. A reborn, rebadged Celica and a Smart-fighter could be a compelling pair for Toyota’s youth brand. As always, we’ll keep you posted.

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