Just kidding, they didn’t actually apologize. They did say that the new recalls are the result of small valve springs that were made from “low-quality” metal that could crack and cause the engine to stall. Whoops!
Toyota says that 270,000 cars worldwide, including Lexus sedans, have potentially faulty engines. NHTSA says that the company has not formally notified the agency of a recall, but a supposedly reputable Japanese newspaper says that the company plans to inform government agencies of the issue on Monday.
No, you’re not having a flashback. This is a new Toyota recall, and it’s not based on sticky pedals, stuck floormats or problems with emergency handling. This time, according to the National Highway Traffic Safety Administration, the problem is that the Lexus HS 250h hybrid could leak fuel in rear-end collisions, potentially causing fires. Sales of the vehicle have been halted as Toyota works on a solution.
Today in Tokyo, Toyota president Akio Toyoda met with shareholders for the first time since the world’s largest automaker began issuing recalls on millions of its vehicles last October. And fittingly enough, the grandson of the company’s founder kicked things off humbly.
In recent months, consumers have seen two very different advertising campaigns built on an attitude of “Ooops. Please forgive us.”
An AP investigation has found that Toyota waited nearly a year after a 2004 recall in Japan to issue the same recall in the U.S.– claiming that it had little evidence of a U.S. problem. The AP says, however, that the automaker had received at least 52 reports from U.S. drivers about a steering defect in trucks and SUVs.
Good news for those hankering after a fuel-cell vehicle: Toyota has announced they’ve cut the cost of making hydrogen-powered cars by around 90 percent and could start selling the first retail model for close to $50,000 by 2015.
For five years, the people at BrandZ (you know they’re in branding because of the “Z”) have been evaluating customer opinion and awareness of various global brands, and then putting a dollar value on that evaluation for their annual Top 100 Most Valuable Global Brands report. Here are the top 10 brands on the BrandZ list.
It seems like it’s almost been two weeks since the last Toyota recall, meaning… yep, it’s time to announce another Toyota recall. This time, the car giant has issued a voluntary safety recall on around 50,000 early-2003 Model-Year Toyota Sequoia SUVs to upgrade program logic in its Vehicle Stability Control (VSC) system.
Less than one week after our lab coat-wearing brethren at Consumer Reports issued a “Don’t Buy” rating on the 2010 Lexus GX 460 SUV because of potential rollover issues, Toyota has announced a voluntary recall of approximately 9,400 GX 460s worldwide.
The U.S. Department of Transportation is expected to announce today that Toyota will agree to pay $16.4 million over its failure to notify the government about the defects that led to recalls of millions of vechicles earlier this year. The company apparently knew about the problems for several months before reporting them to regulators; it should have done so within five days.
Because 8 million recalled vehicles worldwide was apparently not enough for Toyota, the car giant has gone and recalled 600,000 of their Sienna minivans because of possible rust damage to the cable holding the spare tire.
While we in the U.S. have become accustomed to getting things before the rest of the world, that doesn’t seem to hold true for Toyota recalls. Documents show that the car maker issued a recall for their Venza vehicle in December, but decided to wait six weeks to make the same decision stateside.
Consumer Reports, which is published by Consumers Union just like good old Consumerist, has declined to allow Toyota to borrow its test track to replicate the findings that led the organization to issue a “Don’t Buy” rating on a Lexus SUV.
Our little buddies at Consumer Reports have determined that a safety risk may be present in the 2010 Lexus GX 460 SUV. When pushed to its limits on CR’s track, the rear of the GX they bought “slid out until the vehicle was almost sideways before the electronic stability control system was able to regain control.”
A new study of brand recognition in kids shows that even kids who can’t read can recognize corporate logos like Disney, McDonald’s and randomly… Toyota.
As if the mass of class-action lawsuits against Toyota weren’t enough for the Japanese car maker, it now faces an immediate challenge from another side — the insurance companies. State Farm announced over the weekend that they want Toyota to reimburse them for claims they’ve had to pay out for incidents related to sudden unintended acceleration.