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The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Aug 23 2011, 5:15 PM

Toyota has announced pricing on the all-new, seventh-generation 2012 Camry and Camry Hybrid. The all-new Camry and Camry Hybrid will be offered in four different model grades. The models will include the entry-level L, value-driven LE, premium XLE and sporty SE grades. The XLE and SE are available with four-cylinder or V6 engines. The Camry Hybrid is offered in LE and XLE grades.

The Camry L has been priced at $21,955 and comes equipped with goodies including, Bluetooth hands-free capability, air conditioning, power windows/locks, six speaker CD audio system, and iPod connectivity. The LE has been priced at $22, 500 and features and all new Display Audio System, which features a 6.1-inch touch screen. The sporty SE has  been priced at $23,000 (4-cylinder) or $26,640 (V6) and features 18-inch rims, sport suspension, and unique body styling. The XLE will start at $24,725 for the four-cylinder or $29,845 (V6) and comes with the all-new Display Audio, 17-inch rims, chrome exterior accents, heated mirrors, fog lamps, leather-wrapped steering wheel, dual-zone auto climate control with rear air vents and wood-style interior trim.

The highly revised 2.5-liter four-cylinder engine equipped with Variable Valve Timing with Intelligence (VVT-i) produces 178-hp and 170 lb-ft of torque.  The engine achieves 25 mpg city, 35 mpg highway for 28 mpg combined – best in class. The 24-valve DOHC 3.5-liter V6 employs Dual VV-i produces 268-hp and 248 lb-ft of torque. This engine achieves 21 mpg city, 30 mpg highway for 25 mpg combined.

The revised 2.5-liter four-cylinder Hybrid Synergy Drive powertrain produces 200-hp and achieves 43 mpg city, 39 mpg highway for 41 mpg combined. The Camry Hybrid LE has been priced at $25,900.

GALLERY: 2012 Toyota Camry Hybrid

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Click here to read AutoGuide’s 2012 Toyota Camry Review and see after the jump for the video:

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 |  Aug 09 2011, 4:27 PM

Yoichi Yokozawa, CEO of Mitsubishi Motors North America confirmed that a new Lancer SE model will be arriving this fall as a 2012 model. The SE model will receive all-wheel drive, like its Ralliart and Evolution siblings, however it will be powered by the naturally aspirated engine found in the DE, ES and GTS trims.

The SE model will likely sell for around $20,000 and is expected to account for 15-20 percent of all Lancer sales. Mitsubishi plans to sell 100,000 units in the U.S again and hopes adding the SE to the Lancer lineup will boost sales – and stay competitive with long-time rival Subaru. Mitsubishi last sold over 100,000 vehicles in the U.S. in 2007, with 128,993.

[Source: Automotive News]