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On October 21, 2010, Toyota announced a recall of 1.53 million vehicles (740,000 in the U.S., 599,000 in Japan, and 191,000 in Europe and other markets) worldwide; the recall affected MY 2005 and 2006 Avalon, MY 2004 to 2006 Highlander (non-hybrid) and Lexus RX330 and MY 2006 Lexus GS300, IS250 and IS350; the models affected in Japan and ...
Toyota's (TM) recall of 3.8 million Toyota and Lexus models is the Japanese car maker's largest U.S. recall and ranks among the top 10 of all U.S. vehicle recalls. The recall addresses stuck ...
WASHINGTON - Toyota Motor Corp. (TM) said Tuesday it will recall 3.8 million vehicles in the United States, the company's largest-ever U.S. recall, to address problems with a removable floor mat ...
Toyota was also forced to pay a total of $66.2 million in fines to the Department of Transportation for failing to handle recalls properly and $25.5 million to Toyota shareholders whose stock lost value due to recalls. Nearly 400 wrongful-death and personal injury cases were also privately settled by Toyota as a result of unintended acceleration.
Like the recall, which is only a few years separated from a similar big-scale operational nightmare, Toyota's Chinese slump comes on the heels of a big problem the company hoped it had recovered from.
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