Toyota plans to export the new Corolla to Latin America and the Caribbean by mid 2014.
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The Japanese giant retains its sales crown, but Volkswagen is gaining quickly.
Coda Automotive, which is currently in its infant stages as an automaker, told the Detroit News yesterday that it's working on an "entry-level" electric vehicle for the United States.
Toyota has dominated the compact car and mid-sized car segments in the U.S.