New safety risk forces Toyota to recall over 7 million cars

8 years ago by in Business, Featured Tagged:

Toyota, Japan’s biggest car maker, announced that it would recall 7.43 million vehicles globally, including some of the popular Camry and Corolla models, because of a fire risk caused by a defect power-window.

About 2.5 million vehicles are to be recalled from the U.S., while 2.8 million cars would be recalled from Europe and China. The remaining vehicles are spread over the world, including in Japan, Canada, Australia and the Middle East, the company said.

This is only the latest in a row of problems that forced Toyota to recall millions of other vehicles in recent years, with one of the most controversial incidents being the trapping of floor mats under the accelerator in 2009, which has allegedly caused accidents and dozens of deaths.

With that occasion, more than 12 million vehicles worldwide were recalled by the Japanese company, which was forced to pay more than $50 million in fines in the U.S.

Toyota regained its leader position on the world market in the first half of 2012, when it surpassed U.S. rival General Motors.