Toyota’s new Corolla is the best car in the US

Toyota is set to unveil a new sports car at the Detroit Auto Show on Monday that is the company’s best-selling car in America and the second-best-selling in the world, according to the company.

The Corolla will be the company first car to have a V8 engine, and the first car in more than a decade to be equipped with an electric powertrain.

The new Corollas are expected to sell for $37,000 (AU$49,500) more than the current Corolla and will have a base price of $39,000, according the company, which will also offer incentives to help customers find a buyer.

Toyota will unveil the Corolla on March 11.