The Leica T (701) will be a new camera without a rangefinder. I am not sure if the Leica T will be an interchangeable lens camera (most likely) or it will have a fixed lens like the Sony RX1. The official announcement should be in the next few months. I am pretty sure that it will not have a Micro Four Thirds sensor (Leica executives have repeatedly said that they will not produce a MFT camera).
A new Leica camera that will be placed between the M and X lines has been rumored for years. After the last fiasco with UK media, in a recent interview with the Australian magazine Camera Leica’s CEO Alfred Schopf confirmed again that they will come up with a new compact system camera:
“We will have one, definitely. And it will, of course, be quite different to M system. We want to have autofocus with such a system and we may well have an APSC size sensor rather than a bigger one. It will be a German built camera, however I’m not sure we can make all of the lenses made in Germany because we are talking about a different price range to M system so I could imagine that we do some fixed focal length lenses in Germany and maybe with the zooms we will co-operate with a partner”
The partner mentioned will most likely be Panasonic – last month Panasonic said that “is considering boosting its business partnership with Leica Camera AG and supplying the German camera maker with high-end digital cameras“. Stay tuned for more details.