Recall: Toyota’s Hybrid Hopes Hit Hiccup
Toyota Motor Corp. (NYSE:TM) announced two massive recalls affecting 235,000 vehicles in the U.S., Japan, and Europe on Wednesday — not a good sign for a company hoping to keep up with renewed competition from Detroit automakers.
According to Toyota, the first recall involves approximately 133,000 vehicles, specifically 2006 through 2010 Highlander hybrids and 2006 through 2008 Lexus RX 400h’s. Both cars are hybrid SUVs. The vehicles are being recalled due to heat damage experienced in the hybrid system’s inverter caused by problems with transistor circuits.
Toyota said that if the damage occurs, most of the time, the vehicle will enter “limp home mode” after flashing warning lights. The company did say that in some cases the damage could cause the hybrid system to shut down completely, which leads the vehicle to stop while being driven.