Toyota recalls over 418,000 vehicles...

[tyrael]

Toyota Recall (MSN)

In the United States, 24,490 cars sold under the name Echo and Yaris, as well as 8,476 Prius vehicles are affected by the recall, she said.

The faulty part could lead to an oil leak within the engine and cause it to stop completely, the statement said. There have been no accidents due to the fault, according to Toyota.[/b]

This is going to be a financial nightmare for Toyota. What's going on lately?

[NoVaSnow]

<div class='quotetop'>QUOTE(tyrael @ Jul 18 2006, 11:28 AM) [snapback]288153[/snapback]</div>

Toyota Recall (MSN)
This is going to be a financial nightmare for Toyota. What's going on lately?
[/b]

Another case of much ado about nothing.

Once again, Toyota is openly recalling vehicles to fix a known defect. They are not hiding, just being responsible corporate citizens.

418,570 vehicles recalled, 8,476 of them 2001 Priuses. And what does the subhead say on MSN? "Automaker's hybrid Prius model eyed for faulty engine part." Talk about negative press!

[Jonnycat26]

<div class='quotetop'>QUOTE(tyrael @ Jul 18 2006, 11:28 AM) [snapback]288153[/snapback]</div>

Toyota Recall (MSN)
This is going to be a financial nightmare for Toyota. What's going on lately?
[/b]

It's probably a case of cost cutting gone nuts. A few years ago Toyota started to agressively look for ways to reduce costs, not just for new models, but for every model year a car was produced. This is probably why there have been faulty steering bolts (cheaper materials), bad breaks, faulty engine mounts, and the like.

Cutting costs isn't a bad thing, but when you're myopic about it (as toyota has been) bad things happen. It's probably no coincidence that Toyota's recalls have doubled every year for the last few years.

[brandon]

See original thread regarding this topic:

http://priuschat.com/index.php?showtopic=22143

[efusco]

Closing this thread, please put futher posts in the original thread linked above.