The new 2009 Toyota Corolla should go on sale in early 2008, according to Automotive News, and we'll get our first look at the car this November at the SEMA Show in Las Vegas. There will be quite a few changes, most noticeably a new "edgier" design. But when we take a look under that racier hood, we're likely to see even more changes. The newest Corolla will reportedly feature Toyota's new family of 1.8-liter engines, which should first show up in the 2008 Scion xD. Expect a very slight bump in power here, with 128 hp and 125 ft-lbs of torque, versus 126 hp and 122 ft-lbs. of torque for the current model. There will also be a second engine choice for uplevel Corolla models. The larger engine will be the 2.4-liter four from the Camry producing 158 hp. That will bring the Corolla's power output closer to the competition and might put to rest rumors of a possible V6, although we still think the car will be generally underpowered compared to its competition if Toyota doesn't raise the output of the 2.4L somehow.
The Corolla is already the best-selling car of all time, but Toyota needs to rethink things a bit to keep up with competitors like the Honda Civic and Mazda3. The new car might be sold alongside the 2008 version of the current car for a few months and will likely roll out as a 2009 or possibly a 2008.5.
[Source: Automotive News, sub. req.]