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Stock impact report

Mazda under federal investigation for 'sticky steering' after recall [FOX Business Network]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Mazda's CX-90 is under federal investigation by the National Highway Traffic Safety Administration after a recent recall may have failed to fix a steering issue. The NHTSA launched its investigation after receiving 26 reports of sudden changes in steering difficulty, a phenomenon it describes as "sticky steering." Mazda had issued a recall of 44,000 CX-90s in January 2024 in hopes to fix similar steering issues. The NHTSA says each of the 26 reports were from vehicles that had undergone the initial recall maintenance. The issue has been connected to at least two crashes. "After receiving the recall 24V022 remedy, consumers report sudden increases of steering effort while driving. Sudden and unexpected change of steering effort while driving may increase the risk of a crash," the NHTSA wrote in its announcement. News of the investigation comes after Toyota recalled over 160,000 pickup trucks last week, citing a software defect that can prevent the rearview camera image from di Show less Read more
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