Marika Posted December 31, 2008 Report Share Posted December 31, 2008 Toyota recalls more than 120,000 cars in China Toyota Motor Corp. has issued a recall for more than 120,000 cars in China to fix a problem that could result in loss of steering control, China's quality watchdog said Thursday in the latest piece of bad news for the Japanese automaker. Tianjin FAW Toyota Motor Co., a joint venture between Toyota and China's FAW Group, will recall 121,930 vehicles beginning Friday, according to a notice on the Web site of the General Administration of Quality Supervision, Inspection and Quarantine. The notice said the recalled models include Crown and Reiz luxury sedans produced between 2005 and 2006, and Lexus cars produced between 2004 and 2006. The agency said that manufacturing defects could cause the electric power steering systems to fail. It was not clear if the same models would be recalled in other countries. Toyota officials in Japan could not immediately be reached for comment late on Thursday. Toyota will contact owners of the affected vehicles, conduct checks and replace defective parts without charge, the Chinese agency said. The notice did not say if any accidents have resulted from the defects. The recall announcement was the latest in a string of bad news for Japan's No. 1 automaker. On Monday, the company said it was sinking into its first operating loss in seven decades. Then Wednesday, Toyota reported that global vehicles sales had plunged 21.8 percent in November — its biggest drop in eight years. If you really want to make people safe drivers again then simply remove all the safety features from cars. No more seat belts, ABS brakes, traction control, air bags or stability control. No more anything. You'll see how quickly people will slow down and once again learn to drive like "normal" humans. Link to comment Share on other sites More sharing options...
WarrenJ Posted January 1, 2009 Report Share Posted January 1, 2009 "China has a "Quality Watchdog"?????" Well yes, but they sometimes miss the mark slightly. I'm reminded of this small Chinese toy faux pas . . . They just won't stop with that lead paint stuff! There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. - Ludwig von Mises Link to comment Share on other sites More sharing options...
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