Toyota Corolla Delayed Till 2008
Friday, December 15th, 2006
If the all-new Yaris is too small and cramped for you and the current Corolla is too out of date then you’ll just have to keep waiting for your next Toyota economy car. The company has put plans for the next-generation Corolla on hold due to lack of engineers. It seems Toyota is focusing on other more important projects for now and can afford to let the aging Corolla age a bit more.
The sedan actually saw a 13% increase in sales during the first half of 2006 because of rising gas prices. Generally, vehicles six years into their life cycle see a decline in sales. Toyota doesn’t seem to mind that Honda is seeing success with its redesigned Civic and will patiently wait until 2008 to update the Corolla.
It already has the all-new Camry, RAV4, FJ Cruiser and Yaris to sell, and in January 2007 it will roll out an all-new Tundra pickup. So that should free up some time for those busy engineers.
Tags: 2008 toyota, toyota corolla, 2008 corolla
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