A carryover from the previous year, 2005, the 2006 Toyota Corolla is a four-door, 5-passenger family sedan, or sports sedan. It is made available in four trims, which ranges from the CE to the XRS. When this vehicle was introduced, the CE has been equipped with a standard 1.8 liter, I4, 126-horsepower engine that has the capability to achieve 32-mpg when in the city, and 41-mpg if driving on the highway. Standard for the line is a 5-speed manual transmission with overdrive, however, a 4-speed automatic transmission with drive is optional. For the XRS, this trim has been equipped with a standard 1.8 liter, I4, 164-horsepower engine that is able to attain 26-mpg during city driving and 34-mpg while on the highway. Standard for this trim is the 6-speed manual transmission with overdrive.

The newest Toyota Corolla comes in one body style. This is a four-door sedan. The Toyota Corolla comes with the standard of 15-inch steel wheels, however, it still could make do with larger wheels and tires that would fill out the wheels well more than what it has now. Options for LE models are the aluminum 15-inch wheels. This sedan has a high trunk to be able to keep up with the vehicle's high belt line.

According to Jim Lentz, Toyota Division group vice president and general manager, "Corolla has become the world's favorite compact car by exceeding customers' expectations for value, quality, and performance in this segment. With the XRS model introduced last year, Corolla is expanding its appeal to younger, performance-oriented buyers."

The Toyota Corolla has