JAPAN: Toyota launches cheaper Corolla models
Toyota has started selling cheaper versions of the Corolla Axio sedan and Fielder station wagon with less standard equipment.
The rear view video parking assistant is now optional instead of standard, for example.
Rising prices have boosted consumer demand for cars that come only with basic features to keep the cost down.
The revised Corolla sell for up to JPY75,000 yen (US$762) less than existing models.