RECALL: Toyota is recalling over one million cars around the world for faulty air bags and defective windshield wipers.
GOOD NEWS/BAD NEWS: The recall is being announced just days after Toyota regained its spot as the world's No. 1 automaker from U.S. rival General Motors Co., with global vehicle sales that climbed to a record 9.748 million vehicles.
THE PROBLEM: The company recalling 907,000 cars, mostly Corollas, due to air bags that can improperly inflate when the vehicle's electronic signals damage a chip in the part that controls the air bags. It also is recalling 385,000 Lexus IS luxury cars with wipers that can get stuck if there is heavy snowfall.
Latest Business Articles