Skip navigation

Current DateTime: 05:20:28 06 Feb 2009
LinksList Documentid: 24355697

Current DateTime: 01:04:09 06 Feb 2009
LinksList Documentid: 24890560
  • The Madoff Mess

      The public unraveling and aftermath of investment manager Bernie Madoff's alleged multi-billion dollar "ponzi scheme."

  • Healthy Horizons

      Examining a range of areas including preventative healthcare, the role of technology in healthcare, the effects of sleep deprivation and healthy work environments.

  • Business of the Super Bowl

      The big game can mean big numbers for companies in certain businesses, from TVs to cell phones to food and drinks. A look at who stands to score.

Toyota to Recall More Than 1.35 Million Cars Worldwide
By: Reuters | 28 Jan 2009 | 03:19 AM ET
Text Size

Toyota Motor [TM  Loading...      ()   ] said on Wednesday it would recall more than 1.35 million Vitz and two other models globally to fix a defect in the seatbelt, a component in the exhaust system or both.

Subject to the recall in Japan are 525,898 Vitz, Belta and Ractis cars built from January 2005 to April 2008, Toyota said in a filing with the transport ministry.

AP

It will also recall a combined 830,000 units of the Vitz subcompact, called Yaris in many markets, and Belta exported to Europe, North America and other markets, a spokeswoman said.

One case of fire was reported in Japan due to the faulty seatbelt design, which could cause a noise-absorber device to melt when the seatbelt tensioner is activated in a collision, Toyota said.

No accident was reported in Japan from the defective exhaust-gas recirculation (EGR) pipe, which could crack in the worst-case scenario and cause exhaust gases that fail to clear emissions standards to leak.

Toyota declined to disclose the estimated cost of the recalls.

Its shares ended flat at 2,980 yen compared with a 1.0 percent rise in the transport equipment subindex.


More From CNBC.com

Copyright 2009 Reuters. Click for restrictions.
Tools:
Print EmailAdd This share icon

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis