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2014 Toyota Corolla to bow before LA

We've sort of been wondering when Toyota would finally debut the next-generation Corolla sedan, especially since the current car is getting very, very long in the tooth. We got a glimpse of the new compact's design at this year's Detroit Auto Show in the form of the Furia concept seen above, but we figured we'd see the production car by now.
According to Edmunds, Toyota will be unveiling the new Corolla sometime soon, and it won't wait until the Los Angeles Auto Show in November. Officials from the Japanese automaker did not state a specific location or date for the new car's unveiling, but said that the 2014 Corolla is expected to be on sale before the LA expo later this year and that it will be revealed "somewhere in the US."
Toyota did not divulge any details about the new Corolla, and we're willing to bet that the aggressive lines of the Furia concept will be dulled down quite a bit for the production model. Still, news that the new car is coming sooner rather than later is indeed a good thing.

Toyota Prius line may not reach 2013 sales target

2012 was a good year for the Toyota Prius line, the hybrid that started it all moving 236,659 units, being the best-selling model in California for the year and the Prius C (pictured) being deemed the most reliable car of 2012 by Consumer Reports. Then 2013 happened, and gas prices dropped more than expected, and people haven't been buying the little hybrids like they used to.
A report in Bloomberg says Toyota set 250,000 units as the Prius family's sales target for this year, but hits like the double-digit drop in year-on-year performance in February have helped lower 2013 sales by 8.4 percent compared to 2012, making the objective "a challenge" to reach. The declines in Prius sales come even as hybrid sales overall were up in the first couple of months this year, including sales of other Toyota and Lexus hybrids. Jim Lentz, Toyota's North American chief, said the Prius target would be adjusted if necessary.

Hurricane Sandy cost automakers 15,000 vehicles, may have ruined up to 200k

Hurricane Sandy was the largest Atlantic storm in US history, and its total economic impact is just now coming into view. According to Automotive News, Toyota, Chrysler, Nissan and Honda are set to scrap around 15,000 new vehicles ruined by the storm. Nissan alone accounts for about 40 percent of those, with 6,000 Nissan and Infiniti models deeded "un-saleable" due to damage. The company saw 56 dealerships shuttered due to the storm, but 51 of those have since reopened.
Toyota, meanwhile, had some 4,000 vehicles at its Newark port facility, and of those, 3,000 may be scrapped. An additional 825 were dealer inventory when they were ruined. Honda and Acura dealers are reportedly sending 3,440 vehicles to the salvage yard. By comparison, Chrysler weathered the storm fairly well with 825 units destroyed, while Hyundai suffered only 400 lost units and Kia scrapped around 200.
As you may recall, Fisker also suffered some losses, and Automotive News reports the manufacturer saw 320 Karma models damaged beyond repair. Ford and General Motors have yet to come up with estimates, and no automaker has commented on the full cost of replacing the vehicles.