Toyota has announced the pricing structure of its new Corolla hatchback and Touring Sports ranges, which are set to reach UK dealerships in March.

Replacing the Auris model, the returning Corolla model will be priced from £21,300 in hatchback form and £22,570 for the estate in 1.2-litre petrol-powered Icon trim, with entry-level to the brand’s hybrid drivetrain starting at £23,750 and £25,020, respectively.

The new Corolla marks an important advance in the development of Toyota’s hybrid technology, being the first Toyota model in Europe to offer customers a choice of two hybrid powertrains – a revised 1.8-litre system and a new 178bhp two-litre version that’s engineered for a fun-to-drive character.

Both powertrains feature the ability to travel in zer-emission, all-electric drive mode and come mated to a continuously variable transmission (CVT).

Customers can also opt for a 1.2-litre turbocharged petrol engine, with six-speed manual transmission.

Icon, Icon Tech, Design and Excel trim levels will be available from launch.

The Icon trim is the entry-level to the range and offers: 16-inch alloy wheels; automatic LED headlights; heated front seats with lumbar support; Toyota Touch 2 with eight-inch multimedia touchscreen; a reversing camera; two-inch colour TFT multi-information display and dual-zone air conditioning (1.8 Hybrid models only).

The Corolla models will be manufactured at Toyota’s Burnaston factory in Derbyshire and are the first Corolla models to be built on the Toyota New Global Architecture (TNGA) GA-C platform.

Toyota claimed in a statement that the new architecture delivers “strong dynamic performance thanks to a lower centre of gravity, balanced chassis and a highly rigid body”.

“It also contributes to increased safety and greater design freedom that’s witnessed in distinctly different styling for the Hatchback and Touring Sports versions,” it added.