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Toyota recalls vehicles because of brake problems

Yesterday, Toyota Motor Corp. (NYSE: TM) announced that it will launch a voluntary safety recall with the National Highway Traffic Safety Administration (NHTSA) that will impact roughly 96,000 Toyota and Scion vehicles sold in the U.S. thanks to possible brake problems.

The problem occurs in extremely cold temperatures in the 2009 and 2010 Toyota Corolla and Corolla Matrix, along with the 2008 and 2009 Scion xD vehicles, all of which come equipped with 1.8 liter engines. Toyota will notify vehicle owners from 19 affected states in early September 2009. Toyota dealers will install a newly designed intake air connector to correct the problem.

Continue reading Toyota recalls vehicles because of brake problems

Toyota recalls a quarter million luxury cars as safety concerns mount

Toyota Motor Co. (NYSE: TM) has issued a safety recall involving 264,000 of its luxury cars over faulty fuel pipes. Included in the recall are 49,000 Lexus vehicles sold overseas.

The recall is a result of faulty fuel pipes that pose the threat of cracks and corrosion which could result in fuel leakage. So far there have been no reports of any injuries related to this problem, but there have been 39 cases of troubles in Japan from the defect.

It has been a tough week for Toyota. On Tuesday the company entered into a civil trial that claims the company produced and sold thousands of Corollas equipped with unsafe seatbelts. In this civil case, 19 year old Gurinder Singh claims that his 60 year old father would still be alive if not for a faulty seatbelt in his Toyota Corolla.

Continue reading Toyota recalls a quarter million luxury cars as safety concerns mount

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