Toyota Motor Corp. plans on releasing a special edition of its Corolla-based wagon. The 2007 Matrix "M-Theory" will include a number of exterior modifications, but little in the way of go-fast bits. What will be included is a chrome exhaust tip, 17-inch alloy wheels, M-Theory badges, and a numbered, limited edition plaque all wrapped up in the exclusive hue of Speedway Blue. A standard sport suspension will back up the M-Theory's looks. The 2,500 units of the Matrix with the M-Theory special edition package will be produced, and the MSRP for the package will be a cool $1,500.

Say your goodbyes to the all-wheel drive Matrix and sportier Matrix XRS with its unusually high 8,200 rpm redline, as they've been axed for the 2007 model year. The base model and XR remain with starting prices of $15,260 and $17,570, respectively.

Full press release after the jump.

[Source: Toyota Motor Corp.]

Press release:

Toyota Motor Sales (TMS), U.S.A., Inc., today announced manufacturer's suggested retail prices (MSRP) for the 2007 Corolla Matrix. Corolla Matrix will be a carryover for the 2007 model year and will arrive at dealerships in August.

Also arriving in August is the new 2007 special edition Matrix M-Theory package. The M-Theory adds several sporty exterior enhancements including unique Speedway Blue paint with matching rear deck lid spoiler, a large chrome exhaust tip and M-Theory badges. M-theory also features 17-inch Caldina alloy wheels with P215/50R17 tires, four wheel disc brakes, logo floor mats, and an individually numbered limited edition plaque. The M-Theory will also feature enhanced vehicle handling thanks to a standard sport tuned suspension and sport strut tower brace will also enhance vehicle handling.

Only 2,500 units of the special edition Matrix M-Theory will be built. The Matrix M-Theory special edition package will carry a base manufacturer's suggested retail price (MSRP) of $1,500.

In addition to the M-Theory, the 2007 Matrix is available in two model grades: Standard and XR, which are carryover for the 2007 model year. Matrix MSRPs remain unchanged. The base MSRP for the Matrix starts at $15,260 for the Matrix Standard with a five-speed manual transmission to $17,570 for the XR with four-speed automatic transmission.

The Matrix with all-wheel drive and Matrix XRS models have been discontinued for 2007.

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