Is this the new Corolla that is set to be launched on October 23rd in Japan? The Nihon Car and Bike posted some photos of the car from a japanesse car magazine but it is not for sure if this is the "real car".

Sources from the internet are saying that the design of the Corolla makes the 300N/MC the most versatile vehicle plaoform in the world. The Corolla will be powered by a 2.2 liter Turbo diesel engine with an output between 148 and 175 hp. Power will be fed to the road via five or six speed manual gearboxes with a CVT semi-automatic also on offer.

A concept hinting at the hatchback is expected to appear at Octer's Toyko Motor Show.