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Stock impact report

Electrical defects cause Priuses to stall; Toyota may be bracing for a legal fight as safety worries grow [Los Angeles Times (CA)]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Electrical defects cause Priuses to stall; Toyota may be bracing for a legal fight as safety worries grow Toyota is closely monitoring breakdowns in the electrical power system of some Prius models, as failures continue to mount across the nation despite a 2014 safety recall that was supposed to fix the problem, according to Toyota documents reviewed by The Times. The Toyota documents show that more than 800 defective electrical components from Toyota Prius models were returned from dealers to the automaker and its outside technical consultant over less than a two-month period this year after electrical system failures. The problem, in which overheating causes damage to key electrical parts and a resulting loss of power that can leave motorists stranded, has been dogging Toyota for about seven years. But the safety issue is now growing in scope. A woman driving a Prius in Florida last year was seriously injured when she lost power on a busy four-lane highway and was rear-ended at abou Show less Read more
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