The best-selling nameplate in the auto industry was launched in 1966.

Toyota is celebrating the 50th anniversary of the legendary Corolla model by introducing a limited-run Axio '50 Limited' version in Japan. Limited to 500 units, the special series is based on the standard Axio and features bi-beam LED headlights, a new lower front grille, side skirts, 16-inch alloy wheels, and LED taillights. All these exterior improvements come as standard.

Step inside the cabin and you will find sports seats, piano black interior trim, and unique 50 Limited badges. As a throwback to the original Corolla, the Japanese company has created a distinctive black-red color scheme for the interior that covers the leather seats, the dashboard, and the door cards. The authentic color was reproduced through modern technologies by the company’s Design Division.

Just like the regular Corolla Axio, the special edition is powered by a compact hybrid system that consists of a 1.5-liter Atkinson-cycle engine, supported by an electric motor and an electric continuously variable transmission (eCVT). The total system output stands at 101 horsepower (74 kilowatts) and 82 pound-feet (111 Newton-meters) of torque.

The Corolla, currently the best-selling nameplate in the automotive business, was introduced for the first time in 1966. In July 2013, Toyota recorded the milestone of 40 million Corollas sold around the world over eleven generations.

Source: Toyota Japan via Paultan

Gallery: Toyota Corolla Axio '50 Limited'