(Reuters) - Toyota Motor Corp said it will add two of its Lexus models to a recall it started in late 2009 to address the risk that a loose floormat could force down the accelerator. Toyota Motor Sales U.S.A. Inc said about 131,800 vehicles of the 2010 RX350 model and about 22,200 vehicles of its 2010 RX450H model would be recalled. Owners of the vehicles will receive a safety recall notification in early August. Lexus dealers will handle the vehicles at no cost to the customers, the company said in a statement. Toyota in September 2009 had recalled about 3. ...
Thanks to the strong incentives offered over the past month, Toyota (TM) sales have recovered nicely despite multiple recalls and highly publicized federal investigations. But it looks like the automaker isn't going to ease off them quite yet.
Toyota Motor Corp. (TM) revealed that the earthquake and tsunami in Japan on March 11 that killed more than 10,000 people, broke down infrastructure and triggered a nuclear crisis will hurt its earnings in the financial year that just started.