Eleven accidents prompt US Toyota recall

19-01-2007

Eleven accidents prompt US Toyota recall
Japanese car maker Toyota has recalled over half a million vehicles in the US after a steering problem was believed to have been involved in 11 accidents.

The car maker is recalling 533,000 2004 to 2006 Tundra trucks and 2004 to 2007 Sequoia sport utility vehicles. Spokesman Bill Kwong announced the recall, stating that there have also been six injuries thought to be linked to the recall.

There has been no mention of the cost that Toyota will face over the recall, but Bloomberg estimated that the recall and repair of the vehicles will cost the company around $250 million (£130 million).

Recall costs are not expected to impact the company's earnings. According to reports, the company has a special fund set up to finance the cost of recalls.

According to Mr Kwong, the problem with the recalled models is due to excessive wear to a lower ball joint in the front suspension. The excessive wear makes the vehicles hard to steer, meaning drivers will find it difficult to control the vehicle.

The recall is a bad start to the year for the second largest car maker in the world. Last year Toyota recalled 766,000 vehicles, a significant drop from the 2.2 million vehicles recalled in 2005.


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