The Yaris is the smallest and least expensive car sold in the United States as a Toyota. Two body styles are offered: a 3-door hatchback and a 5-door hatchback. The two models are nearly identical except for the two extra doors. A 1.5l four-cylinder engine produces 106 horsepower and is rated at 30/35 (city/highway) by the EPA. The base L trim level includes power door locks and air conditioning, but omits power windows or remote keyless entry. The LE trim level adds these features in addition to an upgraded audio system. The SE trim level (5-door only) adds alloy wheels, a unique grille mesh, and a rear spoiler for an upgraded appearance. In this rapidly expanding segment there are comparably priced alternatives with better fuel economy, more standard equipment and disc brakes.

A new Yaris debuts for 2012. The Yaris 3-door and 5-door hatchbacks continue, but the sedan has been dropped. In profile, the styling is similar to the prior model, but the front and rear styling are more aggressive. Compared to the prior model, the new Yaris is 2-3 inches longer in length and wheelbase, but virtually identical in every other dimension. Passenger volume and cargo volume are up slightly. Powertrain choices are identical. All models equip a 1.5 four-cylinder engine mated to either a 5-speed manual or 4-speed automatic transmission.