By on October 11, 2013

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Toyota may have become monumental on the basis of the midsize Camry’s popularity with American drivers over the past two decades, but that monument was built on the foundation of many, many compact Corollas. Before Lexus, before Camry, it was the Corolla that earned Toyota its reputation for reliability and quality construction. Forty million Corolla branded cars have been sold globally since the car’s introduction in 1968. For more than a generation, the conventional answer from both car enthusiasts and regular consumers alike, when asked to name a reliable small car, has been “Toyota Corolla”. Like Alfred Sloan proposed, Toyota knows that if you can capture car buyers when they are just entering the market, you can sell them a lot of cars over the course of their lives. While driving the latest Corolla isn’t on most car enthusiasts’ or automotive journalists’ bucket lists, the introduction of a new Corolla is indeed big news, at least as far as the car industry is concerned. Though the Honda Civic leads the segment in U.S. sales, the Corolla is close behind in second place and Toyota expects to sell about 300,000 Corollas this year. They’re hoping to increase that by 10% by selling cars to other than just traditional Corolla buyers, attracted by more exciting exterior styling and upgraded interior features. (Read More…)

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