amsandun

The local magazines do say that Toyota has confirmed that a GR Starlet will be coming up.

@Gummybr yes I do have a GR Yaris. I probably should do some updates to the blog ⠀Yes..the GRMN is a bonkers and pure sports car. Has very little to no practicality as a road car  
The thing is...the bespoke chassis of the GRY makes it economically senseless for Toyota to keep on making it. There is a lot of talk about the GRC, GR Supra, GR Celica, GR MR2, GR Starlet but the GRY is interestingly left out of most of the chatter coming out of Toyota apart from saying (and I paraphrase) "we shall keep improving the GRY from everything we have learnt and apply it to new and exciting models". 
Other than that, they have also been testing the GRC as a rally car across all rallying tiers. Then they also made a mid-engined GR Yaris, but didn't say whether this was a test mule for the MR2/Celica or if they were looking into a mid-engined GRY.
The likelihood of the GR Yaris having several model cycles like the Evo and WRX seems to be low. At most, there might be one more model iteration (since the TNGA platforms get reused) with a new outer shell and something unexpected, like a mid-engined car.

The automotive pundits here seem to believe that the GRY will come to an end with the release of the new Yaris.

It's really satisfying to see Japanese car makers are bringing back some loved nameplate into life (except for Supra).

@alpha17 the Supra gets so much hate but it is such a damn good car. Find one who has driven one who would say it sucks  Even the baby engine auto one is an engaging and fun car to drive. 
It is probably BMW's most reliable car too