Renowned carmaker Toyota has announced a recall of 2.17 million automobiles manufactured by the Company. The reason behind the recall has been stated to be because the accelerator pedal of a majority of these cars got stuck into floor mats on occasions. The Company will be trying to find out ways to prevent this from happening.
Toyota Motor Corp is very likely to report a massive fall in its quarterly profits on Tuesday affected by tanking Japanese car sales and a strong yen, showing its damaging exposure to the loss-making export business.
Confident shoppers have doled out for fuel-efficient new cars. Small business owners bought trucks, enhancing sales of auto in the month of January to reach a double-digit rise from depressed previous year’s levels.
Toyota has recalled today as many as two hundred and forty five thousand vehicles and more than twelve million vehicles in just over a year which has made more drivers to think that it could happen to them also. People are living in what seems to be the age of the recall. Reports are coming of serious vehicle flaws and defects are cropping up every few days.