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Toyota Motor Corp. (NYSE:TM): Closing price $131.98
Toyota USA reported Thursday that it is recalling some 694,000 Sienna minivans in North America because of a shift lever problem. Due to possible damage to the shift lock solenoid installed in vehicles in the recall, the minivans could shift out of “park” and roll away without the driver pressing the brake pedal. The vehicles were built at Toyota’s factory in Indiana and the recalled Siennas are from model years 2007 to 2009, as well as 2004 to 2005. The majority of the recalled vehicles, around 615,000, are in the United States — some 56,000 are registered in Canada, 23,000 in Mexico, 300 in Germany, and 10 in Guatemala.