logo
Share SHARE
FONT-SIZE Plus   Neg

Toyota Recalls 33,000 Vehicles Globally To Fix Problem Related To Engine:reports

Japanese automaker Toyota Motor Corp. (TM, TYT.L) is recalling 33,000 pickup trucks, cars and commercial vehicles globally to fix a problem related to the engine, according to several media reports.

The vehicles being recalled include the land cruiser Prado mid-size sports utility vehicle, and many other bigger ones.

According to reports, majority of recalled vehicles are from Japan, and about 4,000 Tacoma four-cylinder pickup trucks will be recalled in the United States.

The company said that it will conduct a voluntary safety recall of about 4,000 Model Year 2013-2014 Tacoma 4 cylinder pickup trucks in the U.S.

In the involved vehicles, engine valve springs made by one of two suppliers could develop cracks and break over time due to improper maintenance of manufacturing equipment used to make the part. If this occurs, abnormal noise and rough engine performance can be noticed. In some cases the engine could fail and stop while the vehicle is being driven, the company said in a statement.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
AIG reported a plunge in second-quarter profit, hurt by a decline at its insurance business, debt-related losses and lower gains from the sale of investments. However, its earnings topped Street estimates, partly on contribution from aircraft leasing giant AerCap. AIG also announced a boost in dividend and said it would buyback an additional $5 billion stock. Automakers on Monday reported strong U.S. vehicle sales for the month of July, driven by continued demand for trucks and sport-utility vehicles amid an improving economy, lower gas prices and easy availability of credit. Detroit's Big Three - General Motors Co., Ford Motor Co. and FCA US, LLC - all reported vehicle sales above analyst expectations. British lender Lloyds Banking Group Plc. Friday reported higher profit in its first half, benefited by increased net interest income and margin as well as lower impairment. Looking ahead, the company lifted its net interest margin forecast.
comments powered by Disqus
RELATED NEWS
Trade TM now with 
Follow RTT