MG Im5 vs Toyota GR Yaris

What's the difference?

VS
MG Im5
MG Im5

$60,990 - $77,990

2026 price

Toyota GR Yaris
Toyota GR Yaris

$55,490 - $67,490

2026 price

Summary

2026 MG Im5
2026 Toyota GR Yaris
Safety Rating

Engine Type
0.0L

Turbo 3, 1.6L
Fuel Type
Electric

Premium Unleaded Petrol
Fuel Efficiency
0.0L/100km (combined)

9.1L/100km (combined)
Seating
5

4
Dislikes
  • Awkward rear seating position
  • No physical spare wheel
  • Some over-zealous active safety

  • Cabin storage could be better
  • Thirsty little thing
  • Warranty is short by mainstream standards
2026 MG Im5 Summary

Yep, it’s like deja vu all over again! Yet another fresh name in the Aussie new-car market, but this time in the form of a sub-brand from a carmaker that itself feels like it’s only been around for five minutes (but has in fact been in market here for a decade or more).

We’re testing the MG IM5 Performance, the IM badge standing alone in other markets. There, as here, signifying a new level of equipment, performance and quality.

And we’ve been steering this top-spec, dual-motor AWD version of the pure-electric, five-door liftback IM5, priced and specified to challenge a rapidly expanding group of high-performance mid-size EV sedans now occupying local showrooms.

 So, read on to see if this premium electric performer has what it takes to tempt you into a new option from the latest challenger brand to jump into the ever-intensifying, no-holds barred contest for your new-car dollars.

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2026 Toyota GR Yaris Summary

Thank the automotive gods cars like the GR Yaris still exist.

Not only are hot hatches the funnest way to drive, but in a world that’s obsessed with electric vehicles, these combustion-powered beasties remind us what we’ve got before it's gone.

The GR Yaris arrived in 2020 and won praise for its rally-car-for-the-road feel with Toyota’s high-performance division Gazoo Racing heavily modifying the docile Yaris hatch - while adding a bit of Corolla - to create this little monster.

In early 2025 Toyota added more power and torque, along with an automatic transmission for the GR Yaris and now a new variant has been launched - the GTS Aero Performance Package and this is what we are testing.

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Deep dive comparison

2026 MG Im5 2026 Toyota GR Yaris

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