Japanese firm recalls 92,000 luxury cars in its home market to fix stalling problem. Recalls in other countries will follow Toyota has today started the recall of almost 92,000 luxury cars in its home country. The world’s largest carmaker eventually expects to recall 270,000 Lexus and Crown vehicles worldwide in order to fix an engine [...]
Toyota Motor Corp.shares ended unchanged at the midday break Friday in Tokyo following Thursday’s announcement it is considering a recall of up to 270,000 vehicles worldwide to fix an engine problem. The recall could cost the Japanese automaker up to 20 billion yen ($228 million) according to Reuters. Toyota said Thursday it was considering a [...]
Toyota Motor Corp. is considering a global recall of eight models including its top-of-the-line LS460 sedan of the flagship Lexus series due to possible engine failure, sources familiar with the matter said Thursday. Up to about 270,000 cars worldwide, including roughly 90,000 units sold in Japan, could be subject to Toyota’s latest recall due to [...]