Why Toyota Recalled 2.77 Million Vehicles Worldwide

Category: Companies / Nov 14, 2012 3:55PM EDT
Toyota Motor Corp said on Wednesday (November 14) it will recall 2.77 million vehicles worldwide, including some of its popular Prius hybrid cars, for steering and water pump problems in the carmaker's second multimillion-vehicle recall in a little over a month. Toyota said the defects had caused no accidents and could each be fixed in an hour or so. While the recall is widespread, the flaws are less serious and any damage to Toyota's reputation would likely be limited compared with massive recalls in 2009 to 2011 when unintended acceleration problems in Toyota vehicles were the suspected cause of fatal crashes in the United States. Toyota this year recaptured the crown of the world's top automaker after last year's natural disasters, which temporarily disrupted production in Japan and Thailand, had knocked it from the top spot in 2011. Analysts said the extent of the recall suggested a more aggressive stance by the company to address defects after its recall crisis a few years ago. More than half of the vehicles in the latest recall, or 1.5 million, are in Japan, making this Toyota's biggest single recall in its home market. It is also recalling 670,000 vehicles in the United States and 496,000 in Europe. The recall covers certain Corolla compact models made from 2000 to 2006 and second-generation Prius cars made between 2004 and 2011. Toyota has sold about 3.3 million Prius hybrid vehicles globally since the car went on sale in December 1997.