URGENT: US PPI declines by 0.2% in May    Egypt secures $130m in non-refundable USAID grants    HSBC named Egypt's Best Bank for Diversity, Inclusion by Euromoney    Singapore offers refiners carbon tax rebates for '24, '25    Egypt's CBE offers EGP 4b zero coupon t-bonds    G7 agrees on $50b Ukraine loan from frozen Russian assets    EU dairy faces China tariff threat    Over 12,000 Egyptian pilgrims receive medical care during Hajj: Health Ministry    Egypt's rise as global logistics hub takes centre stage at New Development Bank Seminar    Blinken addresses Hamas ceasefire counterproposal, future governance plans for Gaza    MSMEDA, EABA sign MoU to offer new marketing opportunities for Egyptian SMEs in Africa    Egypt's President Al-Sisi, Equatorial Guinea's Vice President discuss bilateral cooperation, regional Issues    Egypt's Higher Education Minister pledges deeper cooperation with BRICS at Kazan Summit    Gaza death toll rises to 37,164, injuries hit 84,832 amid ongoing Israeli attacks    Egypt's Water Research, Space Agencies join forces to tackle water challenges    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Toyota to recall nearly 6.5 million vehicles for steering, other faults
Published in Ahram Online on 09 - 04 - 2014

Toyota Motor Corp, in its second-largest recall announcement, said on Wednesday that it would call back 6.39 million vehicles globally after uncovering five different faults involving parts ranging from steering to seats.
The world's biggest automaker said it was not aware of any crashes or injuries caused by the glitches, which were found in 27 Toyota models including the RAV4 and Yaris subcompact.
Toyota said faults were also found in the Pontiac Vibe and the Subaru Trezia, two models the automaker built for General Motors and Fuji Heavy Industries.
The automaker did not say now much the recalls would cost, and it was not clear if the faults stemmed from Toyota's suppliers or its manufacturing process.
The move by Toyota to announce five different recalls on a single day from Tokyo comes as major automakers face increasing scrutiny in the United States on how quickly they take preventive safety action and how quickly they share information with regulators and the public.
Toyota agreed last month to pay $1.2 billion to the U.S. government for withholding information related to unintended acceleration in its vehicles. That safety crisis had caused Toyota to recall more than 9 million vehicles.
In a high-profile case that has the potential to change U.S. safety regulation, Toyota rival General Motors is under investigation for failing to act on a known ignition switch defect linked to a dozen deaths. The company has recalled 1.6 million vehicles over the issue.
In the largest of the recalls announced on Wednesday, Toyota said some 3.5 million vehicles were being recalled to replace a spiral cable that could be damaged when the steering wheel is turned. That could cause the air bag to fail in the event of a crash, the automaker said.
In total, about 2.34 million of the vehicles to be recalled were sold in North America. Another 810,000 were sold in Europe.
In the second-largest of the Toyota recalls, some 2.32 million three-door models made between January 2005 and August 2010 are being recalled to check for a fault in the seat rails that could cause the seat to slide forward in a crash, risking injury for the driver or passengers.
The other recalls are for faulty steering column brackets, windshield wiper motors and engine starters.
The recall announcement, which came during late afternoon Tokyo trade, knocked an additional 2 percent off Toyota's already sagging shares.
They quickly pared the extra losses, however, and ended down 3 percent at 5,450 yen, reflecting an overall weak tone in the market where the benchmark Nikkei average fell 2.1 percent.
Toyota's 6.39 million vehicle recall is the largest announced on a single day for the company since October 2012, when it called back 7.43 million Yaris, Corolla and other models to fix faulty power window switches.
In the first two months of 2014, major automakers had announced 18 separate recalls in the United States, now the second-largest auto market behind China, according to the latest data compiled by the National Highway Traffic Safety Administration.
The recent wave of large-scale recalls represents a source of revenue for auto dealers who are paid by manufacturers to service defective cars.
http://english.ahram.org.eg/News/98670.aspx


Clic here to read the story from its source.