We all know that Scion is getting axed and their cars are going to be transitioned under the Toyota badge but what we didn’t know is that both the iM and iA will be renamed as Yaris iA and Corolla iM when they go on sale as 2017 year models.
This shouldn’t come as a surprise to us since the facelifted Scion FR-S was rebadged and renamed as the Toyota GT 86 in North America. Bill Fay, Toyota division Group Vice President, made this statement: "when we announced the transition of the Scion models to Toyota we hadn’t planned on changing the names of our cars, but by popular demand, for our sports car, we decided to adopt the global name of 86".
Going forward, Toyota will report the 2017 model year Yaris iA sales volume with the normal Yaris as a single unit. The same applies for the Toyota Corolla and the Corolla iM. Toyota can now advertise the Yaris and Corolla as having two body styles buyers can choose from. This makes sense for the iM since it’s already a Corolla hatchback under the skin but the iA was based off of the Mazda 2 and not the Toyota Yaris.
Other than getting new badges, nothing else in the iA and iM will change. The iA will still come with a 1.5-liter four-cylinder paired with a six-speed manual or an optional six-speed automatic. The iM will have the same 1.8-liter four-cylinder under its hood and mated to either a six-speed manual or a CVT automatic.