I dug these up,
as confirmed there will be no Supra made.

Ironically looking at the body design, it kind of looks like a larger version of the FT-86.
I was given this a while back from a Tony Chui a sales rep in Weitzes Toyota located in the Toronto area. These are 2 pictures of a prototype celica circa 2007
This above is the Scion TC Fuse Concept, it is near ready to replace the Scion TC coupe.
So I dont know if the FT86 will be called the new celica be the new Scion TC.
I hope it comes out as a special corolla still, like the matrix, when it first came out it. It was called Corolla Matrix. Perhaps they may call it Corolla 86 (Pipe Dream) but hey Toyota has done some weird and wild things they may still call it the new scion TC or the new celica even though they have present prototypes on the board ready to be released.