Business: Toyata Recall

With Toyota’s sales sputtering, the recent Toyota recall of 690,000 Tacoma pickup trucks from the 2005 to 2011 model years puts the company in a vulnerable position in the vehicles’ suspension systems.  The firm says that the leaf springs at the back of the trucks could potentially fracture and come loose due to eventual stress and corrosion.  Toyota claimed that if the loose spring hits the fuel tank, it could cause a leak, which could cause a fire.  In March, the US Justice Department fined Toyota $1.2 billion for misleading customers over safety issues.  According to the New York Times, it is predicted that these frequent recalls will cause a serious dent in Toyota’s sales for the upcoming year.

Contributor: Chelsea Edirisuriya

 

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