Thursday, 18th February 2010
In Business In Japan,
Toyota admits further car problems
Japanese manufacturer Toyota is considering whether or not to recalls its best-selling model - and the world's most popular car - over more safety fears, it has been reported.
Following problems with a number of models, including faulty accelerators and footwell mats, the firm is now considering a recall of its Corolla vehicle.
Yesterday (February 17th), Toyota said it is to look into a number of complaints - around 100, the Mirror reported - that it has received about problems with the power steering in its Corollas.
The news comes ahead of a US investigation which will look at some half a million Toyota vehicles and check them for any safety problems.
Toyota cars have always been known for their build quality and high levels of safety and this most recent scandal comes on the back of weeks of problems for the firm.
Shares in Toyota have been falling over the past few weeks and were down by six per cent at the start of this month.
Written by Kimberley Homer.
Related news stories:
Applications for Tokyo Marathon 'up 68%' (25th September 2008)
Toyota enjoys strong global sales to remain largest auto maker (30th October 2012)
Toyota to enter Japan's small car market (29th September 2010)
Toyota comes under further recall criticism (21st May 2010)
Toyota shareholders sue troubled firm (22nd March 2010)