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Toyota Prius, Echo and Corolla Models Recalled
The Daily Auto Insider
Wednesday, July 19, 2006
July 2006


Toyota said in Tokyo that it is recalling about 420,000 vehicles globally over a faulty engine, The Associated Press reported.

The recall mostly affects vehicles sold in Japan across 12 model lines manufactured in 2001, but it also includes about 150,000 cars sold overseas, mainly in the United States and Canada, a Toyota spokeswoman said. These autos were also manufactured in 2001.

In the United States, 24,490 cars sold under the name Echo and Yaris, as well as 8,476 Prius vehicles, are affected by the recall, she said.

The problem involves a faulty engine part which could lead to an oil leak in the engine and cause it to stop, Toyota said in a statement. There have been no accidents as a result of the fault.


Plus




Toyota Corolla Pricing Holds the Line
The Daily Auto Insider
Tuesday, July 18, 2006
July 2006


Toyota says that it is keeping 2007 Corolla prices almost flat, according to a company news release.

Corolla will be a carryover for the 2007 model year and will arrive at dealerships in August.

The Corolla offers three model grades for 2007: the CE, the sportier S and the top-of-the-line LE. The 2007 Corolla CE carries a base MSRP of $14,205 for models equipped with a five-speed manual transmission and $15,005 with a four-speed automatic. Prices for both models represent an increase of $100, or 0.7 percent.

The Corolla S equipped with a five-speed manual is $15,250, an increase of $100, or 0.7 percent. The Corolla S automatic is priced at $16,050, an increase of $100 or 0.6 percent. Sixteen-inch alloy wheels are now available as an option for S models.

The Corolla LE with a five-speed manual transmission is priced at $15,415, an increase of $100, or 0.7 percent. The LE automatic is priced at $16,215, an increase of $100 or 0.6 percent.

The total Corolla average MSRP increase is $100 or 0.6 percent. The Corolla XRS model has been discontinued for 2007.