trending Market Intelligence /marketintelligence/en/news-insights/trending/wqbegplglbgxdwpbzslbig2 content esgSubNav
In This List

Toyota recalls over 2 million more cars

Blog

Bank failures: The importance of liquidity and funding data

Blog

A Cloud Migration Plan for Corporations featuring Snowflake®

Blog

Essential IR Insights Newsletter - February 2023

Podcast

IR in Focus | Episode 2: Sustainability and Governance Regulations Deep Dive


Toyota recalls over 2 million more cars

Toyota Motor Corp. has issued another wave of recalls for more than 2 million cars sold worldwide to fix faults.

Almost 1 million of those vehicles are in the U.S.

The Japanese carmaker said that in the U.S. it was recalling 807,000 2010 to 2014 Toyota Prius and 2012 to 2014 Toyota Prius V models, and approximately 168,000 2018 to 2019 Tundra and Sequoia and 2019 Avalon vehicles.

Toyota said the Prius and Prius V vehicles were installed with a failsafe driving mode in response to certain hybrid system faults. It has found that in some situations the vehicle may not enter failsafe mode as intended, which could cause cars to lose power and stall.

The affected Tundra, Sequoia and Avalon models have been found to have incorrect programming in their airbag electronic control unit that could disable one or more of the sensors used to detect crashes.

On its Japanese website, Toyota listed more recalls of around 1.2 million Prius and Prius V models.

The widespread recall follows the previous recall of 1.03 million Prius and C-HR cars globally due to faulty parts that could lead to short circuits.

Meanwhile, in Australia, the automaker has issued a recall of 8,476 Prius and Prius V vehicles produced between October 2008 and November 2014, also due to failsafe issues.