If we are to believe to a new report from Car&Driver – and we have no reason not to, Subaru will finally lift the veil off a concept version of the BRZ sports coupe with actual sheetmetal at the upcoming 2011 Los Angeles Auto Show in mid-November.

And unlike the BRZ’s sister model from Toyota, Subaru won’t be showing another concept as both the BRZ and FT-86 (we’re still not sure about the name), will be making their world premiere in final production trim at the 2011 Tokyo Motor Show in December.

Citing inside sources, C&D says that Subaru and Toyota had an agreement not to show “a single production body panel” of any car until their debut at the Tokyo event, which explains why the Toyota FT-86 Concept I, II, and G Sports, as well as the more recent Scion FR-S, all looked different.

But it’s not all good news as the magazine reports that the final production Toyota FT-86 (global model) and the Scion FR-S (only for North America) will be identical twins sans the badges and equipment levels, while difference with the Subaru BRZ (global model) will be limited to the front fascia.

The development of the rear-wheel drive sports car’s powertrain and chassis was handled by Subaru, which will also build the cars at its Gunma facility in Japan, starting from next spring. Toyota, on the other hand, took over the styling aspect.

A Subaru-sourced 2.0-liter boxer four featuring Toyota’s port-and-direct-injection system, believed to produce around 200-ponies, will power all three cars.

Finally, power will be transferred exclusively to the rear wheels (there won’t be an AWD version for the Subaru) through a choice of six-speed manual or automatic transmissions.

Story sources: Car&Driver via Worldcarfans