The redesigned car serves a dual purpose in the company's North American strategy: Providing an affordable sport coupe to satisfy enthusiasts of the shrinking niche, and expanding the nascent Gazoo Racing brand to new nameplates.

Does it make sense these days to invest in a new generation of small, gasoline-powered, modestly priced sports cars? Absolutely, say Toyota and Subaru.

In a world gone gaga for EVs, the redesigned coupe is a no-excuses gasoline-burning 400-hp speedster built for a brand struggling to reignite excitement.

The redesigned Nissan Z is a no-excuses, gasoline-burning 400-hp speedster in a world seemingly gone gaga for all things electric. But Nissan will pitch it as a heritage car, one "built for enthusiasts, by enthusiasts."