Categories LATEST

This time, Toyota to recall over 2 million vehicles

Toyota announced Friday that it is recalling about 2.43 million vehicles globally due to a software glitch, which could result in a crash. This comes only a month after Toyota recalled more than a million Prius and C-HR crossovers due to a fire risk induced by wiring glitch.

Of the total vehicles recalled, 94% of them are Prius hybrids and the rest Auris hatchbacks. On a geographical basis, about 1.25 million are from Japan, 830,000 from North America (807,000 from US) and 290,000 from Europe. Cars from the rest of the world will also be part of the recall.

Toyota US Recalls - 2018

The company added that due to a glitch in the software, the hybrid system would fail to “enter failsafe mode,” halting the car suddenly and raising the risk of a crash. Toyota will inform the respective customers about the issue and they can update the software with a dealer and fix the issue.

Toyota has been doing massive recalls over the past decade due to various issues. In 2009, it recalled more than 7 million vehicles due to pedal acceleration issue. Over the year, the company has done major recalls due to faulty airbags from Takata, leaky fuel tanks, window switch issue etc.

Related: Toyota and SoftBank inks deal on self-driving cars

Most Popular

Key highlights from Abbott Laboratories (ABT) Q1 2024 earnings results

Abbott Laboratories (NYSE: ABT) reported its first quarter 2024 earnings results today. Total sales increased 2.2% year-over-year to $10 billion. Organic sales growth was 10.8%. Net earnings decreased 7% to $1.22

US Bancorp (USB) Q1 2024 Earnings: Key financials and quarterly highlights

US Bancorp (NYSE: USB) reported its first quarter 2024 earnings results today. Total net revenue decreased 6.4% year-over-year to $6.7 billion. Net income applicable to US Bancorp common shareholders decreased

UAL Earnings: United Airlines Q1 loss narrows on higher revenues; results beat

United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the first quarter of 2024, on an adjusted basis. The bottom line benefitted from an increase in revenues.

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top