Business / Corporate

Toyota launches new Corolla, its first fully redesigned sedan for seven years

Kyodo

Toyota Motor Corp. rolled out a new model of the Corolla on Tuesday, making it the firm’s first fully redesigned sedan in about seven years.

Featuring a low center of gravity with a sportier design, the new sedan has a touch-screen display that can send texts, play music and use navigation applications when connected with smartphones, Toyota said in a news release.

The new Corolla is also equipped with the latest version of a safety system that detects pedestrians and bicycles at night, the automaker said.

The Corolla has sold over 47.5 million vehicles worldwide since its debut in 1966. The latest model is the 12th of its kind.

Toyota unveiled two types with gasoline engines of 1.8 liters and 1.2 liters, as well as one with a hybrid engine of 1.8 liters.

Retail prices of the new Corolla will range from ¥1.936 million ($17,904) to ¥2.948 million.

The prices will be subject to a 10 percent consumption tax rate if vehicles are registered after the Oct. 1 increase from the current 8 percent.

Separately, Toyota launched the Corolla Touring wagon and the new Corolla Sport hatchback.