The Funtime was a concept vehicle designed at Toyota's EPOC studio by Sotiris Kovos as part of the NBC (New Basic Car) Funcars project. Rendering was done at D3 Marquette's Prototypes in France and Stola Spa and Forum in Italy. The Funtime was shown at the September 1997 Frankfurt Motor Show and the October 1997 Tokyo Motor Show and put into production in late 1998 as the Vitz/Yaris/Echo. The mechanicals and chassis were shared with the Funcargo and the Funcoupe.
Sources: Wikipedia, CarStyling.ru