The all-new 2014 Toyota Corolla, offers a 132 horsepower 1.8-liter 16-valve DOHC in-line 4 cylinder engine with VVT-i available on the L (above), LE, and S grades and the new LE Eco trim level is equipped with a 140-horsepower Valvematic 1.8-liter engine. The 2014 Corolla, available in L, LE, S, and the new LE Eco grade models for a total of 12 variants, has a starting MSRP of $17,610 (including destination, processing, and handling fee of $810) for the L grade with a new 6-speed manual transmission. The base Corolla L with 4-speed automatic is priced at $18,210 with features that include LED lowbeam headlamps with LED daytime running lights, standard Bluetooth connectivity, driver and front passenger whiplash-injury-lessening seats and eight airbags, including a new drivers knee airbag and passenger seat cushion airbag.
The top-priced Corolla S Plus (above) with 6 speed manual transmission starts at $22,110. The all new Corolla will deliver combined mpg between 31 and 34 depending on model, engine and transmission type. The LE Eco will offer an EPA rating of 42 mpg on the highway. Toyota has a lot riding on this updated version of its Corolla.