11. November 2011
Toyota car company has decided to recall 550,000 cars due to some steering defects. (Photo: bikeswallpapers1.blogspot.com)
Car manufacturing giant Toyota is the latest company to order the recall of some of its units due to some defects.
According to reports, Toyota ordered back to its factories, 550,000 cars around the world due to some steering problems. Based on the data released by Toyota corporation, 447,000 vehicles in North America along with 38,000 in Japan and another 25,000 in Australia and New Zealand are set to return to the main factory of Toyota in Japan.
Toyota spokesman Dion Corbett revealed in Europe some 14,000 vehicles are also being recalled along with 10,000 in the Middle East and 14,000 in Asia outside Japan. Corbett explained since 2007, the company recieved a total of 79 reports regarding the defect.
Corbett added luckily, no one was reported injured or killed due to the steering defect. The latest report, came after the company recently revealed that its July-September profit has lowered down to 18.5 percent to 80.4 billion yen ($1 billion) on plunging sales caused by parts shortages from the tsunami disaster in northeastern Japan.
Moreover, the company said the latest recall is due to the possibility that the outer ring of the engine’s crankshaft pulley may become misaligned with the inner ring, causing noise or a warning signal to light up, the company’s U.S. sales unit. Toyota was founded by Kiichiro Toyoda in 1937 as a spin-off from his father’s company Toyota Industries to create automobiles.
Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation group companies are Toyota (including the Scion brand), Lexus, Daihatsu and Hino Motors, along with several “non-automotive” companies. TMC is part of the Toyota Group, one of the largest conglomerates in the world.