Toyota Motor Corp. (TM) will make changes to gas pedals in certain U.S. models under deal with the National Highway Traffic Safety Administration, The Nikkei reported.
The report said that Toyota is recalling more than 4 million vehicles in the U.S. to repair gas pedals.
The move follows a fatal accident in August that involved a Lexus vehicle there. This accident has been blamed on the accelerator getting stuck to the floor mat, the report stated.
The National Highway Traffic Safety Administration is expected to announce the accord as soon as early next week, Nikkei added.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.