TORRANCE, Calif., June 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., announced manufacturer's suggested retail prices (MSRP) today for the 2008 Corolla compact sedan and 2008 Corolla Matrix crossover utility vehicle. Both vehicles arrive at dealerships this month.

Toyota Corolla continues to win customers with its dependability, fuel efficiency, and outstanding value. Corolla is the world's best-selling car with more than 30 million sold units over four decades. In the U.S., Corolla continues to lead sales in its segment and recently set an all-time best-ever month in May 2007.

The MSRP will increase $100 on all grades of both Corolla and Corolla Matrix, which represents a 0.6% increase. The new pricing is included on the charts below: 2008 COROLLA MODEL NUMBER GRADE '08MY MSRP 1801 CE (Manual) $14,405 1802 CE (Automatic) $15,205 1811 S (Manual) $15,450 1812 S (Automatic) $16,250 1821 LE (Manual) $15,615 1822 LE (Automatic) $16,415 2008 COROLLA MATRIX MODEL NUMBER GRADE '08MY MSRP 1801 Standard (Manual) $15,510 1802 Standard (Automatic) $16,310 1811 XR (Manual) $16,990 1812 XR (Automatic) $17,820 (Logo: http://www.newscom.com/cgi-bin/prnh/20030501/TOYLOGO) Photo: http://www.newscom.com/cgi-bin/prnh/20030501/TOYLOGO

AP Archive: http://photoarchive.ap.org/

PRN Photo Desk, photodesk@prnewswire.com

NOTE TO EDITORS: Media Web site: http://pressroom.toyota.com

Source: [url=http://www.theautochannel.com/F/news/2007/06/01/050225.html]Autochannel[/url]