RECALL

Toyota plans recall; may cost $228 million: paper

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Toyota Motor Corp may recall up to 270,000 vehicles worldwide to fix an engine glitch, with Japan's Asahi newspaper reporting the move could cost the car maker up to 20 billion yen ($228 million).
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Toyota mulling another recall

Toyota Motor Corp officials in the United States said on Thursday that an internal investigation will be completed next week into possible stalling of Lexus engines, but they did not say whether the cars will be recalled.
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Toyota confident throttles not linked to recall saga

Toyota Motor Corp remains confident that its electronic throttles are sound and not behind instances of unintended acceleration that led to huge recalls, federal investigations, and lawsuits, the company's U.S. sales president said on Wednesday.
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Toyota to recall Lexus in Japan for steering fix

Toyota Motor Corp, the world's biggest automaker, said it plans to recall four models of its Lexus luxury car in Japan due to steering problems, its latest move in a series of massive recalls.
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Toyota to recall 50,000 Sequoia SUVs

Toyota Motor Corp will voluntarily recall about 50,000 Sequoia sport utilities because the stability system could cause an unexpected problem with low-speed acceleration, the company said on Wednesday.
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Toyota agrees to Brazil Corolla recall: report

Toyota Motor Corp has agreed to recall a yet-undetermined number of vehicles sold in Brazil since 2008 due to floor mat problems, the latest in a string of safety problems the Japanese automaker faces globally, local newspapers reported on Saturday.
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Ford to recall 33,256 vehicles to fix seat fault

Ford Motor Co will recall 33,256 of its 2010 model year cars and SUVs to replace potentially faulty front seat recliner mechanisms that could lead to injuries in an accident, according to a notice filed with U.S. safety regulators.
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Moody's cuts Toyota rating on recall costs

Moody's cut its credit rating on Toyota Motor Corp by one notch, predicting a long slump in profitability and potential litigation costs for a massive recall that has tarnished the Japanese automaker's brand.
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Toyota to pay $16.4 million fine, recall Lexus SUV

Toyota Motor Corp has agreed to pay a record $16.4 million fine to U.S. safety regulators to settle a complaint that the company delayed a recall over defective accelerator pedals, but denied violating U.S. regulations.
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U.S. fining Toyota $16.4 million over recall delay

Toyota Motor Corp faces a proposed $16.4 million fine from U.S. regulators, the maximum penalty allowed under current laws, after the automaker failed to notify the government in a timely way about accelerator pedal flaws that were the subject of a massive recall in January.
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Nissan to recall 540,000 vehicles globally

Nissan Motor Co, Japan's third-biggest car maker, said it will recall about 540,000 vehicles worldwide due to potential defects in brake pedal pins and fuel-gauge components, mostly in the United States.
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Toyota to decentralize recall power

Toyota Motor Corp. will decentralize its Japan-centric recall power, giving its global regions more responsibility in an effort to boost customer safety following recent quality problems which have tarnished the car maker's reputation.
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Toyota recall hearings - Lawmaker opening quotes

Lawmakers delivered opening statements today during a hearing investigating Toyota's and the government regulators' response to complaints of unintended acceleration in the company's vehicles.
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Toyota saw '07 U.S. floormat recall as money-saving win

Toyota Motor Corp believed it had saved over $100 million by convincing U.S. regulators to end a 2007 investigation of sudden acceleration complaints with a relatively cheap floormat recall, according to an internal company document.

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