Toyota Motor Corp. (TYT)

Sector:

Automobiles and related providers

Â¥ 3,528.00
   
  • Change Today:
    ¥1,188.00
  • 52 Week High: Â¥3,528.0
  • 52 Week Low: Â¥2,340.0
  • Currency: Japanese Yen
  • Shares Issued: 13,503m
  • Volume: 1,600
  • Market Cap: Â¥47,638,102m

Toyota to recall 6.4m vehicles for faults

Date: Wednesday 09 Apr 2014

LONDON (ShareCast) - Toyota is set to recall 6.4m vehicles globally to replace faults affecting various parts, including steering and seats.

The recall includes 3.5m vehicles to replace a spiral cable attached to the driver's side airbag.

Other problems have been identified in steering columns, seat rails, windscreen wipers and engine starters.

The world's biggest carmaker said it was not aware the issues had caused vehicle crashes, injuries or fatalities, but has received two reports on fires in connection with the engine starter problem.

Faults were found in 27 different models including the RAV4 SUV, Yaris, Pontiac Vibe and the Subaru Trezia.

The firm did not disclose the cost of the recall. It was also unclear on whether the faults stemmed from Toyota's suppliers or its manufacturing process.

"We sincerely apologise to our customers for the inconvenience and concern brought by this recall announcement," Toyota said in a statement.

In February, the company recalled 1.9m of its Prius hybrid cars due to a software fault that might cause the vehicle to slow down suddenly.

Late last year it issued separate recalls of more than 2.2m vehicles.

Over the past two-and-a-half years, the company has recalled more than 25m vehicles.

Shares in Toyota Motor Corp. dropped 3.3% to 5,440p in London at 15:00.

RD

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TYT Market Data

Currency Japanese Yen
Share Price ¥ 3,528.00
Change Today ¥ 1,188.00
% Change 50.77 %
52 Week High ¥3,528.0
52 Week Low ¥2,340.0
Volume 1,600
Shares Issued 13,503m
Market Cap ¥47,638,102m

TYT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.30% above the market average28.30% above the market average28.30% above the market average28.30% above the market average28.30% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
14.62% above the market average14.62% above the market average14.62% above the market average14.62% above the market average14.62% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
44.13% above the market average44.13% above the market average44.13% above the market average44.13% above the market average44.13% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
27.31% above the market average27.31% above the market average27.31% above the market average27.31% above the market average27.31% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 6
Buy 9
Neutral 6
Sell 1
Strong Sell 0
Total 22
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TYT Dividends

  Latest Previous
  Final Interim
Ex-Div n/a 29-Sep-23
Paid 24-May-24 22-Nov-23
Amount 45.00 30.00

Trades for 09-May-2024

Time Volume / Share Price
07:00 1,600 @ ¥3,528.00

TYT Key Personnel

Chair Takeshi Uchiyamada
CEO James Kuffner

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