The problems seem to be piling up for the world’s largest automaker. Toyota Motor Corporation (TM) announced today that it has issued a global recall of around 6.4 million vehicles for a range of defects including faulty steering columns and issues with air-bag deployment.
Rick Newman submits:With all the hype surrounding Toyota's (TM) quality problems, you'd think a recall notice in your mailbox is the equivalent of a pink slip or IRS audit. Hardly. Toyota is certainly reeling from recalls of nearly 5 million U.S. cars, including top sellers like the Camry, Corolla, RAV4, and Prius. But recalls are a fact of life in the auto business, usually generating little news or heartache for car owners.
Sony Corp (ADR) (NYSE:SNE) announced its PlayStation Now service earlier this year at the 2014 Consumer Electronics Show (CES), and the game-streaming service has since been available across US and Canada.
Another series of auto recalls hit the news today, with both Ford and Nissan Motor announcing a combined total of almost one million vehicles will be recalled to fix faulty components. Nissan’s 768,000-strong sport-utility vehicle recall includes the Rogue SUVs and the Nissan Pathfinder. The Rogue SUV’s driver’s side carpet was susceptible to seepage.