Starting life as an entry level subcompact, the Corolla has moved up in the world with the Honda Civic and Nissan Sentra to make room for the Toyota Yaris. The XRS sport tuned model which featured a more powerful engine is no longer available for the 2007 year.
All three trims for the Corolla feature the same 1.8 liter 4-cylinder DOHC engine that outputs 126HP at 6000RPM. A 5-speed manual transmission comes standard, with an optional 4-speed automatic available.
Trunk space comes near the top of the compact class weighing in at 13.6 cubic feet. A large trunk space is accomplished through the goose neck support design which can crush fragile objects if you're not careful. The seats have a 60/40 split which lets them lay flat and creates an opening from the trunk which accommodates longer items such as skis or a ladder. Passenger space is a respectable 90.3 cubic feet.
Toyota has included a number of features standard, including: air conditioning, 15 inch wheels, a CD stereo system, and power mirrors. On the safety side there are front disc, and rear drum brakes, and front airbags. ABS with electronic distribution is optional for all models, and side impact airbags are optional as well.