TOKYO, Oct 19,2005 (Reuters) - The following stocks are on the move on Wednesday: **TOYOTA DOWN AFTER ANNOUNCING ITS BIGGEST RECALL**
Toyota Motor Co. falls 1.7 percent to 5,210 yen.
On Tuesday the world's No.2 auto maker said it would recall about 1.41 million cars globally -- the biggest recall in its history -- including the Corolla and 15 other models due to trouble with their headlight switching systems.
Although Toyota declined to disclose the cost of the recall, a spokesman said the company did not expect any major impact on its earnings.
The recall is the biggest for a Japanese auto maker and beat Toyota's previous record recall of 797,707 vehicles in 1999, the spokesman said.
source:
http://asia.news.yahoo.com/051019/3/294t0.html
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Tsikot Member Rank 4
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October 21st, 2005 09:01 AM #1
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Tsikot.Com Tambay
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October 21st, 2005 09:11 AM #2Woah! Nobody's perfect I suppose.
Doesn't say which other models though.
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October 21st, 2005 12:52 PM #5narinig ko ito sa news. pagkakalam ko corolla daw ito. sabi yun sa news. kaso sabi naman ng toyota, di naman daw umabot dito ang corolla na ganun. pero they received complaints from altis and vios owners. ewan lang kung irerecall ito pero ang vios talaga pumuputok ang ilaw...
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BANNED BANNED BANNED
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vroommmm
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October 22nd, 2005 08:04 AM #8karamihan daw ng na recall ay right hand drive
,corolla,Funcargo,Platz,Vitz,bB and istincluding the Corolla and 15 other models due to trouble with their headlight switching systems
auto maker said it would recall about 1.41 million cars globally
Originally Posted by bajumbo
it is estimated more than10 billion yen ($88 million)Although Toyota declined to disclose the cost of the recall, a spokesman said the company did not expect any major impact on its earnings
The previous record for single recalls in Japan was established in 1996 when Nissan Motor Company repaired 1.05 million unitsThe recall is the biggest for a Japanese auto maker and beat Toyota's previous record recall of 797,707 vehicles in 1999, the spokesman said.
source:Tokyo(AFP)Last edited by BoEinG_747; October 22nd, 2005 at 04:41 PM.
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www.toyota-revo.com
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November 22nd, 2005 09:41 PM #9meron daw latest recall ang toyota philippines about sa seats ng altis and revo? is this true?
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Chanis Stayl!!
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Originally Posted by oldblue
