Toyota considers Corolla recall

TOKYO (AP) — Toyota is considering a recall of its hot-selling Corolla subcompact after complaints about power steering problems — another blow to the world's largest automaker already reeling from a string of recalls for safety problems.

Company President Akio Toyoda, meanwhile, said he won't be attending the U.S. congressional hearing on the automaker's safety lapses, entrusting the job to U.S.-based executives — though he did say he would consider appearing if summoned. He said he wanted to focus his energies on improving quality worldwide.

Read more at: http://www.usatoday.com/money/autos/2010-02-17-toyota-president-no-appearance_N.htm

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Thursday, September 9, 2010