The fourth-generation Soarer was released in April 2001, marking the 20th year of its debut. The styling by Toyota's European design studio was characterized by a compact cabin, flowing curved surfaces, and a tight lower body. The body length was the shortest among the four generations of Soarer at 4,515 mm, whereas the width was the largest at 1,825 mm. The convertible coupé featured a power retractable metal top. Since the retractable roof put the squeeze on the cabin and trunk space, the 2+2 seating layout was adopted featuring auxiliary rear seats. Natural wood and leather materials were liberally used for the interior. The air conditioner and the audio system had automatic control features for maintaining optimum setting during open-top driving. The V8 4.3-liter engine was shared with the Celsior/Lexus LS400, in combination with a 5-speed automatic transmission. Equipped with the first 18-inch wheels for Toyota, the Soarer also offered optional run-flat tires that elminated the need to carry a spare tire. As the Lexus brand was inaugurated in Japan in August 2005, the Soarer was rebranded as the Lexus SC 430, and the marketing of the Soarer was discontinued.