Tag Archives: corolla

Toyota Motor Posts $9.7 Billion Profit for Year

Posted on 9 May 2013 by Ken Zino

This was the largest annual return in five years for the world’s largest automaker, and a clear indication that the recalls of ten million vehicles during 2009-2010 and the product shortages from natural disasters in 2011 are now behind it. Continue reading →

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Toyota Recalls 2.7 million Cars for Sudden Stops, Steering Failures

Posted on 14 November 2012 by Ken Zino

Toyota is recalling almost three million cars including Prius hybrid and Corolla models around the world because the hybrid engine can shut down suddenly or steering can fail completely. The gigantic recall is caused by a bad cooling pump in the hybrid system and a defective steering shaft in hybrids and other cars. More than 1.5 million vehicles are being recalled in Japan, with at least another 1.2 million in other parts of the world. Continue reading →

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