TORRANCE, CA UNITED STATES


TORRANCE, Calif., June 1 /PRNewswire/ -- Toyota Motor Sales (TMS),
U.S.A., Inc., announced manufacturer's suggested retail prices (MSRP) today
for the 2008 Corolla compact sedan and 2008 Corolla Matrix crossover
utility vehicle. Both vehicles arrive at dealerships this month.

Toyota Corolla continues to win customers with its dependability, fuel
efficiency, and outstanding value. Corolla is the world's best-selling car
with more than 30 million sold units over four decades. In the U.S.,
Corolla continues to lead sales in its segment and recently set an all-time
best-ever month in May 2007.

The MSRP will increase $100 on all grades of both Corolla and Corolla
Matrix, which represents a 0.6% increase. The new pricing is included on the
charts below:
SOURCE Toyota Motor Sales (TMS), U.S.A., Inc.

 

for a crappy econobox

most will find something cheaper in that category. I know it sells well, but it's still 20 grand financed for a rolling weed eater.

 

The '08 is the same model we have now? Yeesh! The car is going to be all new for 2009 I'm guessing...and that seems really late.

 

As many of us would like the new Corolla to arrive (in which hopefully it arrives early '08 as a MY'09), it's still selling like hotcakes.

Just this year alone, Toyota has sold 165k Corollas in five months!
Compare that to only 40k Hyundai Elantras, or 51k Mazda3, or 137k Honda Civics. And the Corolla is the oldest of the bunch!!!

 

Dunno about crappy, there are alot of econoboxes that fit that category. Sadly the Corolla has alot more quality and durability than many American and dare I say European cars. The Corolla...the best selling car worldwide.

 

For efficiency and reliability you can't beat a Corolla. I just rented one for a week in northern CA and got an average 35mpg. Not a great amount of power, but I never had to worry about it breaking down either.

 

Something tells me that a significant portion of those Corolla sales are to fleets.

Alas, it is a great car and you can pick one up cheap - oh and gas prices near $4 do not hurt either.

 

Possibly. There's an EXPLOSION of Corolla taxis in my city. Some are new, some are US imports (used?).

 

Not in the U.S.

The numbers I listed above are for U.S. sales.

Fleet sales in the U.S. are typically American cars. The Big 3 have contracts with most car rental companies.

 

You keep mentioning Toyota gaining sales due to fleet dumping, but Toyota's fleet percentages has been roughly the same; as GM and Ford are reducing fleets, it has been Nissan, Hyundai and Chrysler increasing fleet sales

 

There still a good portion of the Corolla that's being sold to fleet. Not that it matters because Toyota is still getting the money.

With that being said, I'm not surprise to see the Corolla besting the civic and the hyundai. The Hyundai suffers the yugo syndrome while the civic cost much more than the corolla (as much as $4k or more, which is a lot when you're talking sub $20k cars).

 

Correct. Despite what some may think, Corolla fleet percentage is not that high at all. Why? It's Toyota corporate policy to not have high fleet sales. Recently in an interview Toyota execs mentioned that they would not exceed 10% fleet sales for any model.

 

I believe it is for the brand, as the Camry is about 14% of fleet sales, and the Toyota brand is about 9.8%

 

Correct, the Civic EX Sedan auto is $19,510(w/ Nav= $21,260) while the Corolla LE is $15,515 ($3,995 diff.). After taxes u have a $4,255 price difference. Given the enormous price difference its amazing the Civic is selling as well as it is. The '06+ Civic is *almost* a midsize car in terms of size & is in the midsize level in terms of feature content/ price. The '07 Civic EX costs $85 more than the '07 Accord VP- auto & $1040 more than the 2007 Camry CE-stick & $10 less than Camry CE auto. If Honda makes the next Civic any bigger it will definitely jump to the Midsize class level like the Altima did several years ago.

 

kinda ironic cause for the longest time, the Civic was classified as subcompact while the Corolla, Sentra and Protegé were classified as compacts. Honda caught up in size for the last generation and blew past the competition this time around. (Same can be said of the Accord which was classified as compact for the longest time after the Camry has moved to midsize ranks)