After making the motorshow rounds, it’s time for Toyota to start preparations for the U.S. launch of its new Scion iQ mini that will begin arriving at dealerships on the west coast in October, and the rest of the country in early 2012.

The Lilliputian four-seater model that is sold in Europe as a Toyota and let’s not forget, as an….Aston Martin as well, will carry a base sticker of $15,265. A $730 delivery, processing and handling (DPH) fee brings the total to $15,995.

The iQ’s most closest rival in the States is the Fiat 500 that retails for $15,500 in base trim, not including destination and handling.

Compared to the Italian model, the iQ is almost 20 inches shorter at 120.1-in. but is also 2 inches wider at 66.1-in.

The iQ features a 3+1 seating arrangement that allows one tiny adult to sit behind the front passenger and a child or small package behind the driver.

In the States, the three-door hatchback model is offered exclusively with a 1.3-liter four-cylinder engine delivering 94-horsepower and 89 lb.-ft of peak torque, matched to a continuously variable transmission.

The Japanese company has packed the iQ with 11 standard airbags including the world’s first rear window airbag, as well as driver- and front-passenger airbags; driver- and front-passenger seat mounted side airbags; side curtain airbags; driver- and front-passenger knee airbags; and a Scion-first, driver- and front-passenger seat-cushion airbags.

Other standard features include antilock Brakes (ABS), Electronic Brake-force Distribution (EBD), Brake Assist (BA), Traction Control (TRAC), Vehicle Stability Control (VSC) and Smart Stop Technology brake-override.

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