Last year the Scion iQ was revealed as a concept at the LA Auto Show. It seems to make sense that Toyota would use that venue again to officially announce an upcoming production version. So far it is not listed in the line up. LA Auto Show
On a related note the Mazda 2 will debut at the show. While most likely slightly larger than the iQ, it is close enough to potentially be a direct competitor I would think. Here is a blurb on that if you are interested. Mazda2 to Reach U.S. in 2010 - News - Automotive Fleet
Again, there are a lot of competitors coming in the next year or so. I would hope Toyota/Scion get aggressive and get the iQ in the mix sooner than later.
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