Toyota recalls 1.67 million vehicles citing brakes defect
TOYOTA has been forced to recall almost two million cars across the world after discovering a brake defect in a number of its best-selling models.
The carmaker said that although the faults have not yet led to any crashes, injuries or deaths, just over one million vehicles need to be checked in Japan and another 615,000 overseas, including some in the UK under the Lexus brand.
A further 190,000 cars are affected in Japan due to a faulty fuel suction plate. Shares in the company closed up 0.2 per cent in Tokyo despite the recall, which is the latest to hit the motor giant in recent years.
In June, for instance, the company was forced to call back almost 2.3 million vehicles because of faulty airbags.
"With the lessons learned from past recalls in North America, Toyota keeps showing the attitude to proactively recall and have everything under control before any serious accident happens," Takashi Aoki, a Tokyo-based fund manager at Mizuho Asset Management told Bloomberg. "I don't think this recall will damage the brand."