WITH the third generation MR2 Toyota has significantly changed the direction of its small sports car. Yes, it remains a two-seater with mid-mounted engine and rear-wheel drive, but the MR2 Spyder is the company's first car designed from the outset as a convertible and the first Toyota with a sequential shift semi-manual transmission. Significantly lighter and cheaper than its predecessor, the Spyder offers real competition to the iconic Mazda MX-5 drop-top.

Toyota MR2 Coupe
Released: March 1994
Ended: December 1999
Family Tree: MR2The second generation MR2 was a stunning looker, but let down by an entry price that had marched beyond $60,000 by the end of its life. Three versions appeared - the coupe, the Bathurst and GT. All were powered by a mid-mounted 2.0-litre engine that produced 125kW and 186Nm.
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