Toyota and Subaru have confirmed the joint development of the next-generation 86 and BRZ - and we can’t wait for the sequel to these two sportscars.

The Japanese brands issued a press release that officially announced a second generation of the pair which debuted in 2012 along with news that they’ll be working together on new all-wheel-drive models and they’ll collaborate in autonomous driving technology and on a new pure EV.

The updated alliance between the two carmakers which was forged in 2005 also involves capital ties as Toyota’s shares in Subaru will increase from the current 16.83 per cent to a minimum of 20 per cent meaning Subaru will become an affiliated company of Toyota.

As of now, there aren’t any details of the upcoming 86 (or BRZ) but we reckon that they will both again feature a low-mounted boxer engine, rear-wheel drive layout and available manual transmission. Some within Toyota’a ranks say the 86 could be even better than the newly launched Supra... There are also rumours that Toyota may consider resurrecting the all-wheel-drive Celica underpinned by the WRX drivetrain. Exciting stuff!

Commenting on the agreement, Toyota President Akio Toyoda said: “During this once-in-a-century period of profound transformation, driving enjoyment will remain an inherent part of automobiles and is something that I think we must continue to strongly preserve.”

Subaru President Tomomi Nakamura said: “Between our company and Toyota is an alliance that already has a history of 14 years. During this time, we have deepened our bonds in various fields such as product development, production, and sales, including through personnel exchanges.”