Is the world ready for a Lexus smaller than the CT200h? Apparently Lexus seems to think so. According to Magazine X, word through the grapevine is that Lexus is preparing a competitor for the likes of the Audi A1, the MINI Cooper, the Alfa Romeo MiTo and the Citroen DS3. Tentatively we can call it the Lexus AS150, and it will sit on the same platform as the Toyota Prius C.

Two powertrain possibilities are being floated – one is the same 1.5 litre Hybrid Synergy Drive system in the Prius C for the Lexus AS150h, and the other is somewhat more interesting – a 1.2 litre direct injection turbo engine for “Lexus AS150t F Sport” models.

The rendering above by Theophilus Chin shows how a Lexus AS150 could look like.