Toyota to recall 533,000 SUVs, trucks
01-19-2007, 01:12 PM
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Toyota to recall 533,000 SUVs, trucks
http://www.cnn.com/2007/AUTOS/01/19/...rss_topstories
Toyota to recall 533,000 SUVs, trucks
Automaker says 11 accidents were reported because of a defect that makes Sequoia, Tundra difficult to steer.
POSTED: 8:43 a.m. EST, January 19, 2007
TOKYO (Reuters) -- Toyota Motor Corp. plans to recall about 533,000 Sequoia SUVs and Tundra pickup trucks in the United States to repair faulty components that could make the vehicles difficult to steer.
Six injuries and 11 accidents were reported as a result of the defect, Japan's top automaker said Friday.
Toyota, on its way to becoming the world's biggest auto maker ahead of General Motors Corp., has vowed to step up its quality efforts after a rise in vehicle recalls and increased scrutiny from Japanese media over quality issues.
The latest recall covers certain 2004 to 2007 model year Sequoias and 2004 to 2006 model year Tundras, both built at Toyota's Indiana plant, the automaker's U.S. sales unit said in a statement.
Toyota as a policy does not disclose estimated recall costs. A spokesman said the automaker has funds reserved against quality costs at all times and expects no impact on its earnings.
Toyota last year recalled more than a million vehicles in Japan and 760,000 units in the United States, but the publicity has done little to hurt it. Toyota boosted its global sales by 9 percent in 2006, fueled largely by a 13 percent jump in sales in the United States.
Toyota and its premium Lexus brand are perennial outperformers in the closely watched J.D. Power Initial Quality Survey in the United States, although the Toyota brand ranked second among non-premium brands in 2006, behind South Korea's Hyundai Motor Co.
"Toyota has a lot of goodwill built up," said Christopher Richter, an auto analyst at CLSA Asia-Pacific Markets, adding that recall numbers would naturally rise with an increase in vehicles sold.
Recalls have also been on the rise across the industry as car makers use common components on various models to save costs. The Tundra and Sequoia, both of which are due for a full remodeling, share most of the same components.
Toyota will notify owners starting in mid-February and repair the defective front suspension lower ball joints free of charge.
Automaker says 11 accidents were reported because of a defect that makes Sequoia, Tundra difficult to steer.
POSTED: 8:43 a.m. EST, January 19, 2007
TOKYO (Reuters) -- Toyota Motor Corp. plans to recall about 533,000 Sequoia SUVs and Tundra pickup trucks in the United States to repair faulty components that could make the vehicles difficult to steer.
Six injuries and 11 accidents were reported as a result of the defect, Japan's top automaker said Friday.
Toyota, on its way to becoming the world's biggest auto maker ahead of General Motors Corp., has vowed to step up its quality efforts after a rise in vehicle recalls and increased scrutiny from Japanese media over quality issues.
The latest recall covers certain 2004 to 2007 model year Sequoias and 2004 to 2006 model year Tundras, both built at Toyota's Indiana plant, the automaker's U.S. sales unit said in a statement.
Toyota as a policy does not disclose estimated recall costs. A spokesman said the automaker has funds reserved against quality costs at all times and expects no impact on its earnings.
Toyota last year recalled more than a million vehicles in Japan and 760,000 units in the United States, but the publicity has done little to hurt it. Toyota boosted its global sales by 9 percent in 2006, fueled largely by a 13 percent jump in sales in the United States.
Toyota and its premium Lexus brand are perennial outperformers in the closely watched J.D. Power Initial Quality Survey in the United States, although the Toyota brand ranked second among non-premium brands in 2006, behind South Korea's Hyundai Motor Co.
"Toyota has a lot of goodwill built up," said Christopher Richter, an auto analyst at CLSA Asia-Pacific Markets, adding that recall numbers would naturally rise with an increase in vehicles sold.
Recalls have also been on the rise across the industry as car makers use common components on various models to save costs. The Tundra and Sequoia, both of which are due for a full remodeling, share most of the same components.
Toyota will notify owners starting in mid-February and repair the defective front suspension lower ball joints free of charge.
01-19-2007, 04:17 PM
#4
Senior Moderator
Toyota's slipping
01-21-2007, 09:49 AM
#5
Racer
responsible company, like honda.
unlike ford with their F-trucks, ford canada has replied to a tv show : "we don't see this as a dangerous issue, since nobody got injured yet, and because the idler arm balljoint only disconnects around 40 km/h or less. it's the client's responsability to have the components inspected on a regular basis."
after that they agreed to pay for the free inspection, but not for the replacement part/labor.
but i have to agree, mostly any company going high volume will cut here and there. toyota's still on the way to beat GM !
unlike ford with their F-trucks, ford canada has replied to a tv show : "we don't see this as a dangerous issue, since nobody got injured yet, and because the idler arm balljoint only disconnects around 40 km/h or less. it's the client's responsability to have the components inspected on a regular basis."
after that they agreed to pay for the free inspection, but not for the replacement part/labor.
but i have to agree, mostly any company going high volume will cut here and there. toyota's still on the way to beat GM !
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