Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Toyota says a fix is coming soon

by Peter Valdes-Dapena, senior writer

NEW YORK(CNNMoney.com) -- As Toyota's gas pedal recall expands into Europe, the carmaker says it has a fix for cars there and that one will be coming soon to drivers in the United States.

A Toyota spokesman has said that the carmaker is very close to announcing a solution to the issue for cars here in the U.S.

Toyota still needs to get regulatory approval for a proposed repair in the U.S. and in Europe before a fix can be made.

The recall is to correct a problem that could cause the gas pedal, as it ages and becomes worn, to stick partway down under certain circumstances. Toyota recalled 2.3 million vehicles in the U.S. for this problem this week, although no repair procedure had yet been put in place.

The European recall involves eight different models, several of them not sold here. The precise number of vehicles involved in that recall is still under investigation but it could be as many as 1.8 million, Toyota said in a statement.

The gas pedal recall is separate from an earlier one, begun in November to fix a problem in which the gas pedal can become caught on the edge of the removable floormat.

The floormat recall was recently expanded so that it now covers a total of 5.3 million vehicles.

In many cases, the same vehicles are involved in both recalls. It was not immediately clear how many different vehicles, in total, are part of the two actions. To top of page

Find Your Next Car
Index Last Change % Change
Dow 17,813.39 1.20 0.01%
Nasdaq 5,116.14 13.34 0.26%
S&P 500 2,088.87 0.00 0.00%
Treasuries 2.23 -0.01 -0.49%
Data as of 5:30am ET
Company Price Change % Change
Pfizer Inc 32.87 0.90 2.82%
HP Inc 12.64 -2.00 -13.66%
General Electric Co 30.36 -0.30 -0.98%
Bank of America Corp... 17.44 -0.03 -0.17%
Freeport-McMoRan Inc... 8.10 -0.20 -2.41%
Data as of Nov 25


Looks like the Magic Kingdom is lacking some sparkle. Disney's cable channels have lost millions of subscribers in recent years. More

Brazilian police arrested a prominent senator and billionaire CEO for interfering in the investigation of Petrobras, which has pushed Brazil into recession. More

Watsi crowdfunds donations to cover healthcare costs of those in need. And it's seeing a surprising trend: micro-donations via the popular Chinese social networking app, WeChat. More

Some of the coolest toys this year are from small businesses. Here are 10 hot toys that just might be a smash hit this holiday season. More

Facebook just increased the amount of paid time off new dads working at its international offices can take. More