|
The new version will certainly get better gas mileage than the current car, which fell toward the back of the class with an estimated 34 mpg on the highway due in part to an outdated four-speed automatic transmission. The Civic, Corolla's closest competitor, gets an estimated 39 mpg on the highway with its five-speed transmission. With more gears, engines generally don't have to work as hard at freeway speeds. Toyota is offering two engines in the latest version, a 1.8-liter, 132 horsepower four-cylinder that carries over from the current model, and the same engine with new valve technology that adds eight horsepower to reach 140. The newer engine comes only on the Eco version. The base engine is less powerful than the Corolla's main competitors. The Civic has 140 horsepower, while the Focus has 160 and the Elantra is rated at 148. Toyota is giving the new version a continuously variable transmission that has seven "shift points" that mimic a conventional automatic. CVTs don't usually shift gears, instead allowing the engine to operate efficiently at most speeds. The new Corolla also is nearly four inches longer than the current version, and that means more interior room in both the front and rear seats so passengers are more comfortable, Toyota says. With the more radical styling of the new car, Toyota runs the risk of turning off longtime buyers who are used to a more conservative look, Northwestern's Calkins says.
But Tom Libby, lead North American analyst for the Polk automotive research firm, said traditional Toyota buyers are extremely loyal, and the risk of chasing buyers away is small. "The propensity of a Toyota owner to stay with the Toyota brand is pretty high relative to other makes," he said. The Corolla is still America's favorite compact. Toyota sold 104,517 of them this year through April, beating the No. 2 Civic by more than 5,800 cars. But Toyota has paid a price to get those sales. The Corolla's average selling price of $18,464 is the lowest of the five top-selling compacts, and it sells for almost $1,600 less than a Civic, according to the TrueCar.com auto pricing site. And Toyota is second only to Ford's Focus in discounts per car at $2,072.
[Associated
Press;
Copyright 2013 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor