Toyota Motor Corp is seeking to recall its third-generation Prius hybrid cars in Japan to fix a software glitch related to braking, a source with knowledge of its discussions with safety authorities said.
Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models.
Toyota Motor Corp is preparing to recall up to 300,000 of its latest model Prius hybrid cars due to braking problems, in a further blow to the reputation of the world's largest car maker.
Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models.
Toyota Motor Corp, already reeling from two massive recalls, faced the possibility of a third when U.S. safety regulators opened a probe on Thursday into a braking problem on the Prius, the world's top-selling hybrid.
Shares of Toyota Motor Corp picked up from a 10-month low on Friday after the world's largest carmaker reported better-than-expected quarterly results and raised its outlook despite its growing recall-related problems.
Shares of Toyota Motor Corp fell 0.5 percent early on Friday after the world's largest carmaker reported better-than-expected quarterly results the previous day and raised its outlook despite the ongoing recall turmoil.
Toyota will recall about 270,000 Prius hybrid cars in Japan and the United States, Nikkei reported.
In the latest blow to Toyota Motor Corp, U.S. safety regulators opened a formal probe on Thursday into problems with the brakes of the Prius, the world's top-selling hybrid and a vehicle that has powered the automaker's reputation for fuel-efficiency.
U.S. safety regulators opened a formal investigation on Thursday into consumer complaints about braking on 2010 Toyota Motor Corp Prius hybrids.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Toyota Motor Corp said on Thursday it has no plans to suspend sales of its popular Prius hybrid in the United States while it makes adjustments to the vehicle's brake system to address consumer complaints about insufficient braking.
Toyota Motor Corp plans to recall an estimated 270,000 units of its new-generation Prius hybrid in the United States and Japan to fix a brake problem, the Nikkei newspaper reported on Thursday.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
In the latest blow to Toyota Motor Corp, safety regulators opened a formal probe into problems with the brakes of the Prius, the world's top-selling hybrid and a vehicle that has powered the automaker's reputation for fuel-efficiency.
Safety regulators opened a formal investigation into consumer complaints about braking on 2010 Toyota Prius hybrids, the latest jolt to the automaker already reeling from massive recalls and intensified safety scrutiny.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Toyota Motor Corp expects costs and lost sales from its largest ever safety recall to total $2 billion for the year to March, but raised its outlook after posting its strongest operating profit in six quarters.
Lingering concerns about the global economy and a host of negative local factors pushed Asian stocks lower on Thursday, with Toyota hitting a 10-month low on investor concerns over its massive vehicle recall.
Toyota Motor Corp said its biggest ever safety recall would cost it up to $2 billion this quarter, but raised its outlook for the financial year to March after a forecast-beating third-quarter.
Toyota Motor Corp on Thursday lifted its cautious guidance for the financial year to March despite escalating recall troubles that threaten to derail a recovery at the world's biggest automaker.
Toyota Motor Corp shares slid to a 10-month low on Thursday after the Obama administration stepped up the pressure on the world's largest carmaker to address a range of safety issues.
