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Toyota recalls 565,000 vehicles!

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Old May 30, 2006 | 09:43 AM
  #1  
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Toyota recalls 565,000 vehicles!

http://www.msnbc.msn.com/id/13046349/

TOKYO - Toyota Motor Corp. said Tuesday it is recalling more than 565,000 vehicles across nine models, including its popular Prius hybrid car, to replace faulty parts that could cause drivers to lose control of the steering wheel.

Subject to the recall are a total of 565,756 vehicles manufactured under the Wish, Isis, Prius, Corolla, Corolla Runx, Corolla Fielder, Corolla Spacio, Allex and Ractis brands between September 2002 and November 2005, according to the statement.

The number included more than 300,000 Wish cars and more than 113,000 Prius cars.

It wasn’t immediately clear whether the recall affected cars sold outside Japan. Toyota officials couldn’t be reached for comment late Tuesday.

The intermediate shafts and sliding yokes in the recalled cars lack the necessary strength and could distort or crack under strong pressure, causing drivers to lose control of the steering wheel, the Japanese automaker said in a statement.

The recall follows more than 30 complaints filed with Toyota since March 2004, the carmaker said. The company wasn’t aware of any accidents attributed to the faulty parts, it added.
Old May 30, 2006 | 10:09 AM
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Re: Toyota recalls 565,000 vehicles!

I wonder how much the mainstream news will cover this. GM recalls over little things usually make the national nightly news.
Old May 30, 2006 | 10:12 AM
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Re: Toyota recalls 565,000 vehicles!

http://www.jinbn.com/2006/05/30212653.html
Old May 30, 2006 | 10:15 AM
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Re: Toyota recalls 565,000 vehicles!

Originally Posted by Z28x
I wonder how much the mainstream news will cover this. GM recalls over little things usually make the national nightly news.
I've shown time and time again that there are at least a fair and comparable number of articles, via news.google.com - whether this gets the top story of the nightly news or not, I doubt it for two reasons:

-Toyota is not a US company, thus while Toyota still makes cars that are sold here, it doesn't make as drastic of an impact on our stock market, and that is half the point of those stories anyway - is to reflect happenings that may impact market conditions

-This particular recall seems to not affect the Toyota models sold in the US, or if it does, a very small fraction of those recalled.
Old May 30, 2006 | 10:16 AM
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Re: Toyota recalls 565,000 vehicles!

According to the australian media the number is more like 1 million, and DOES include cars sold outside of Japan.

http://finance.news.com.au/story/0,1...-31037,00.html

Edit: Linky added.

Last edited by crYnOid; May 30, 2006 at 10:27 AM.
Old May 30, 2006 | 10:17 AM
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Re: Toyota recalls 565,000 vehicles!

Originally Posted by Z28x
I wonder how much the mainstream news will cover this. GM recalls over little things usually make the national nightly news.
You're really begging for anasazi (sp?) to make a comment, aren't you.

Last edited by Z28Wilson; May 30, 2006 at 10:25 AM.
Old May 30, 2006 | 10:18 AM
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Re: Toyota recalls 565,000 vehicles!

Originally Posted by Threxx
-Toyota is not a US company
Thank you. Please spread the word.
Old May 30, 2006 | 10:25 AM
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Re: Toyota recalls 565,000 vehicles!

Originally Posted by Z28Wilson
You're really begging for anasazi to make a comment, aren't you.
fixed it


and nah, for some reason today i'm not interested in the standard bickering that develops from threads like these, so i'll just sit, watch, and laugh.

Old May 30, 2006 | 11:02 AM
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Re: Toyota recalls 565,000 vehicles!

Originally Posted by Z28Wilson
Thank you. Please spread the word.
In terms of where its financial HQ is based, it's not. That's mainly what the investment markets care about.
Old May 30, 2006 | 11:38 AM
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Re: Toyota recalls 565,000 vehicles!

I don't know what would be scarier, having a Ford truck in my garage while I sleep, following a C6 or drving a new Toyota on a winding road.
Old May 30, 2006 | 11:41 AM
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Re: Toyota recalls 565,000 vehicles!

Don't really have much to add to the conversation at the moment, just interested in seeing where this thread goes.
Old May 30, 2006 | 11:49 AM
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Re: Toyota recalls 565,000 vehicles!

Toyota is a global company like GM that trades on the NYSE with a market cap over 1000% larger than GM. It isn't a Dow30 company, but if Toyota drops 5% it takes a lot more money out of the NYSE than if GM or Ford drop 50%
Old May 30, 2006 | 12:58 PM
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Re: Toyota recalls 565,000 vehicles!

Originally Posted by RussStang
Don't really have much to add to the conversation at the moment, just interested in seeing where this thread goes.
oh, i think we know where it'll go.
Old May 30, 2006 | 01:03 PM
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Re: Toyota recalls 565,000 vehicles!

Originally Posted by yellow_99_gt
I don't know what would be scarier, having a Ford truck in my garage while I sleep, following a C6 or drving a new Toyota on a winding road.
Old May 30, 2006 | 02:21 PM
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Re: Toyota recalls 565,000 vehicles!

No one has been in an accident because of it.
Props to Toyota for fixing a problem before anyone is hurt or killed.
Some other brands aren't so eager to keep their customers safe.



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