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Scion FR-S Convertible (in Toyota GT86 form) spied in South Africa

Though the eventual existence of a convertible version of the Toyota GT86 (and its Scion FR-S and Subaru BRZ versions for America) is a no-brainer, we've yet to get a glimpse of the real-deal car until now.
Spotted in Cape Town, South Africa, of all places, this completely undisguised GT86 convertible seems to be in a remarkably advanced state of development. The image seen here was obviously sniped from quite a distance and without the aid of a powerful lens, but we can still make out a production-ready looking piece of rear bodywork for the convertible top to hide away in, as well as a functioning trunk lid. It's hard to make out with any certainty, based on this evidence, but there does seem to be space retained behind the front seats for two, small rear chairs.
With the first car spotted, we'd expect to seem some more and better images of it flow through in the near future, and if not, Toyota has already confirmed a concept version for next month's Geneva Motor Show, dubbed FT-86 Open, so stay tuned. For now, click through to the FT86Club.com forum to have a slightly closer look at the images.

Scion Monogram Series luxes up FR-S, tC

Scion has had plenty of practice launching limited-edition versions of its cars, but the brand's ultimate special line is its recently introduced Monogram Series. First offered on the iQ last year, Scion is now adding this premium equipment package to the 2014 FR-S and tC, and both cars will be hitting the stage at the Detroit Auto Show next week.
The 2014 Scion FR-S Monogram Series will be limited to 2,000 units, and it will have a starting price of $27,400 (*not including the $755 destination charge). Standing as a $3,000 premium over the base 2014 FR-S, the Monogram Series brings plenty of extra goodies, including leather seats with Alcantara inserts, upgraded BeSpoke audio/navigation system, HID headlights and dual-zone climate control, to name but a few. Scion says the equipment in this package represents a $1,900 savings compared to a standard option list.
As for the 2014 Scion tC Monogram Series, Scion is only making 2,500 of these, and it will start at $21,400. That's an extra $2,190 over a base tC, but it also represents a $1,500 savings overall. The tC Monogram Series adds in features like the BeSpoke audio/navigation system, perforated leather seats, keyless entry and pushbutton start and upgraded materials on the center console lid and door panels.

Scion exec admits brand has too many dealerships, may contract network

Despite being conceived by corporate giant Toyota, Scion painstakingly built its reputation on being something of an offbeat, youth-minded brand, working hard to establish individualist, almost hipster-like credentials. So it comes as something of a surprise to hear WardsAuto report that Scion has a whopping 1,000 dealers across America - just 200 fewer than Toyota itself. This, despite a much smaller product portfolio and a sliver of the sales volume.
All those factors may explain why Bill Fay, US group vice president for Toyota, is admitting to the industry publication that its dealer network "might actually go down a little bit." As it stands, the volume end of the equation is probably an even bigger incentive - Scion's sales are way down from the salad days of the mid-2000s, when the brand had fewer models but sold more of them. With the (then) white-hot xB and tC models, Scion shifted 173,034 units in 2006, while Ward's notes the marque's 2013 sales are only at 41,261 units through July. In the story, AutoPacific analyst Dave Sullivan observes that other low-volume brands have far fewer dealer points, noting that Mini has just 115 dealer points and Infiniti has 200. By Sullivan's estimate, he would expect to see 350-500 Scion stores based on its sales figures.
Dealer question aside, the bigger issue is where the brand goes from here, and Fay admits Toyota is studying a number of different strategies, including possibly going "small-premium." Nothing is finalized, though according to Ward's, Fay discounts the idea that the FR-S - the brand's sales bright spot - will drive the brand to consider a more driver-oriented lineup.