Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Toyota Announces Two Safety Recalls Involving Prius - Quick Facts

RELATED NEWS
Trade TM now with 

Toyota Motor Sales, U.S.A., Inc., will conduct two safety recalls involving some 2004 to 2009 model Prius vehicles, as part of the recall announced by Toyota Motor Corp. (TM: Quote). Around 670,000 Prius vehicles are being recalled in the U.S. to inspect and in some cases replace the steering intermediate extension shaft. Due to insufficient hardness treatment of some of the extension shafts, the splines that connect the extension shaft to the steering gear box may deform, if the steering wheel is frequently and forcefully turned to the full left or full right position while driving at slow speeds.

This deformation may create increased internal clearance and the splines may eventually wear out, the company said. Toyota dealers will inspect the extension shaft and will replace it, if needed. The inspection and repair will take around one hour depending on the dealer's work schedule.

Around 350,000 of these same Prius vehicles are also being recalled to replace the electric water pump for the hybrid system.

Toyota dealers will replace the electric water pump and the repair will take around two hours. There have been no crashes or injuries reported for these two conditions.

Click here to receive FREE breaking news email alerts for Toyota Motor Corp and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Kraton Performance Polymers, Inc. (KRA), Wednesday reported second-quarter net income of $11.1 million or $0.33 per share, up from $3.8 million or $0.12 per share last year. Adjusted earnings improved to $0.46 per share from $0.15 per share last year. Revenues for the quarter dropped to $323.8... Organic grocer Whole Foods Market, Inc. said Wednesday after the markets closed that its third quarter profit rose 6.3% from last year, as same-store sales increased 3.9%. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly sales fell shy of analyst' forecast. Micro-blogging site Twitter Inc said Tuesday after the markets closed that its second quarter loss widened from last year, hurt mainly by stock-based compensation expense, even as revenue more than doubled thanks to growth in advertising. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.