Toyota Recalls 92, 000 Lexus, Crown in Japan
Toyota Motor Corp Spokesperson Paul Nolasco on Monday said that at least 91, 903 Lexus and Crown luxury sedan are included in the recall. Just months after its crippling recall of millions of cars worldwide, the world’s largest carmaker Toyota has started the recall of more than 90, 000 luxury vehicles in Japan because of faulty engine parts.
Just months after its crippling recall of millions of cars worldwide, the world’s largest carmaker Toyota Motor Corp.on Monday has started the recall of more than 90, 000 luxury vehicles in Japan because of faulty engine parts.
In a statement released on Monday, Toyota Spokesperson Paul Nolasco said that at least 91, 903 Lexus and Crown luxury sedan are included in the recall.
Nolasco added that another 270, 000 vehicles sold worldwide will follow in the recall, which includes 138, 000 units in the United States.
The company also apologized to its customers, saying that they will fix the engine problem as soon as possible.
At the same time, the carmakers has vowed to beef up quality control to avoid future recalls.
Based on its investigation, Toyota pointed to the flaws in the valve spring of the cars’ engines making it stall or suddenly shut off while driving. Other reports told that some 17, 000 Lexus hybrids showed signs of fuel spillage during rear end hits in the crash tests.
It was not the first time that Toyota announced a massive recall in less than a year. It will be recalled that some 8.5 million vehicles were pulled out of the streets after reports of deaths due to braking problems and faulty gas pedals.
In the US, Toyota has slapped with a $16.4 million fine for failing to respond immediately to the crisis.
Analysts said Monday's recall did little to instill consumer confidence after Toyota President Akio Toyoda, facing shareholders last month, vowed to improve vehicle quality inspections.
"It is not doing a good job in communicating a message about what exactly it is doing to beef up quality checks," said Shotaro Noguchi, auto analyst with Nomura Securities Co. in Tokyo. "So it is hard for people to believe Toyota is taking the customer's view as it is promising to do."
The company announced the latest quality problems last week. Some 180,000 of the defective automobiles were sold overseas, 138,000 of them in the United States.
No accidents or injuries have been reported because of the defect. About 220 complaints have been reported.
Toyota said it was replacing the valve spring in the recalled vehicles, produced between July 2005 and August 2008 — Lexus models GS350, GS450h, GS460, IS350, LS460, LS600h, LS600hL and Crown models.
Toyota also faces more than 200 lawsuits in the U.S. tied to accidents involving defective automobiles, the lower resale value of Toyota vehicles, and a drop in its stock value.
The Tokyo market reacted with calm to Toyota's recall news. Toyota shares gained 0.5 percent to finish at 3,035 yen.
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