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Stockreport

Toyota Is Recalling More Than 1 Million Priuses and Other Hybrid Vehicles for Risk of Fire [Fortune]

TOYOTA MOTOR (TM)  More Company Research Source: Fortune
US:NYSE Investor Relations: toyota-global.com/investors
PDF By Bloomberg 5:49 AM EDT Toyota Motor is recalling more than a million of its Prius and C-HR compact crossover vehicles globally due to the risk of fire. Of the 1.03 million affected vehicles, 554,000 will be called back in Japan and 192,000 in the U.S., according to Jean-Yves Jault, a company spokesman. There has been one reported case of a vehicle emitting smoke, but no injuries were reported, he said Wednesday. An engine wire harness connected to the power control unit is at risk of wear over time, potentially leading to a short circuit or even a fire, the company said in a statement. The recall affects every one of the current-generation Prius, including a plug-in variant, and the hybrid version of the C-HR made until May of this year. The latest Prius began production in 2015 and the C-HR debuted in December 2016. It’s one of the la [Read more]

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