Toyota Motor Sales, U.S.A., Inc., today announced prices for the 2001 Toyota Corolla compact sedan that will feature several styling and equipment upgrades. The new 2001 Corolla is expected to arrive in dealer showrooms in mid-May. Corolla prices will begin as low as $12,568 for a CE model with a five-speed manual transmission and $12,983 when equipped with a three-speed automatic. A new sporty "S" model will carry a base price ranging from $12,793 for a five-speed manual to $13,608 with a four-speed electronically controlled transmission. The premium grade Corolla LE will begin at $13,383 with a five-speed manual and $14,198 with the four-speed automatic.