It has been recently revealed in a report that the motor firm Toyota has planned to recall as many as 700, 000 vehicles that had been manufactured by it. These include Camrys, Venzas and Tacomas.
It has been reported that Toyota has recalled almost 40,000 units of its Etios Sedan and Liva Hatchback cars over safety suspicions, with all units being manufactured in October.
Toyota’s car production has received strong set back after the earthquake and tsunami hit the Japan.
The world's largest auto-manufacturer, Toyota Motor Corp. is recalling 480,000 Avalon sedans and Land Cruiser sport-utility vehicles for defects in steering.
The credit rating agency, Moody's Investors Service has cut down the credit rating of Toyota Motor Corp.
Auto major Toyota on Monday, recalled the Lexus GX 460, a high-end sport-utility vehicle, due to problem with its stability control system.
Toyota Motor Corp has agreed to pay a $16.4 million fine to government for delaying for at least four months in making recall of the vehicles with sticky pedal defect.
After heavy discounts were announced by Japanese automaker Toyota Motor Corp., the US auto sales have increased by 41%.
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