Could the Celica be returning to Toyota dealerships soon? The folks at Japanese Nostaligic Car stumbled across a report in Automotive News (sub req)that briefly mentioned Toyota’s intentions to return the Celica badge to Europe, sparking rumours of a Celica revival.

Given that Toyota is supposed to be working on several all-new projects (The LF-A, FT-HS and Lightweight Sports come to mind), could the addition of a new Celica overstretch the automaker’s resources? Our guess is that if the Automotive News report is true, Toyota may return to the badge’s RWD roots and brand the Lightweight Sports as a Celica, a move that would return some real credibility to the Celica’s sporting pretensions. Celica fans, cross your fingers.

[Source: Automotive News via Japanese Nostalgic Car]
[Photo courtesy of Super Street]