"The two vehicles represent two of the three new models Scion will bring to market in the next three years aimed at independently minded 18-34-year-olds," the automaker said in a statement. "The trio will bring exciting options for Scion's younger customers looking for vehicles to support both adventure and sensibility."
No details yet on the third new Scion model, although it is widely reported to be a small crossover.
The iM is the official name for the production version of the iM Concept car, a five-door hatchback, shown at the 2014 Los Angeles Auto Show. Toyota said last November that the production version of the iM would debut in the Big Apple, along with another vehicle.
"A production version of the iM Concept WILL become a reality," said Scion Vice President Doug Murtha at the concept's debut. "Now all it needs is outstanding fuel economy and a price under $20,000. But you're going to have to stay tuned for that."
Toyota said the "i" stands for "individuality and intriguing." The "M" stands for "modern, multifaceted and magnetic."
The Scion iM Concept is said to be inspired by cars seen on the European Touring Circuit. It stood out with an unusual "Incredi-blue" exterior paint treatment.
"Beyond the name, drivers can expect the production iM to carry forward some of the sporty looks and versatility displayed in the concept version," Toyota said. "More details on both the production iM and sedan will be available in coming months."
Edmunds says: The dormant Scion lineup is about to get a major dose of adrenaline and car shoppers are about to get more choices.