Toyota recalls 400,000 cars over steering issues

toyota_avalon_xls_03.top.jpgThe 2003-2005 Toyota Avalon XLS. By David Ellis, staff writer


NEW YORK (CNNMoney.com) -- Toyota Motor Corp. said Thursday it was recalling more than 400,000 older-model vehicles sold in the United States, citing potential steering-related problems in both.

The Japanese automaker said the recall would affect 373,000 Toyota Avalons manufactured between 2000 to 2004. The company said the vehicle's steering lock bar could break under certain conditions, increasing the risk of a crash.

Toyota (TM) also cited steering issues in its recall of some 39,000 Lexus LX 470 vehicles. The company said that if the vehicle experienced a severe impact to the front wheels, such as striking a pothole, the steering shaft could disengage over time. The recall only affects vehicles from model years 2003 to 2007.

The company said it was not aware of any accidents related to its Lexus LX 470.

The latest recalls came less than two weeks after the company was subpoenaed by a federal grand jury to produce documents related to steering problems in its vehicles.

The company has also been undertaking a massive effort to rebuild its image in the wake of a number of quality and safety problems that came to light earlier this year.

In recent months, the automaker has recalled more than 8 million vehicles worldwide for a variety of safety issues, including possible unintended acceleration and problems with anti-lock brake software.

"Toyota is continuing to work diligently to address safety issues wherever they arise and to strengthen our global quality assurance operations so that Toyota owners can be confident in the safety of their vehicles," Steve St. Angelo, Toyota chief quality officer for North America, said in a statement Thursday.

The company said it would begin to send out notifications in mid-August to owners of the vehicles affected by Thursday's recall. Drivers will be able to bring their car to a local dealer to have the vehicle fixed at no charge. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Find Your Next Car
Index Last Change % Change
Dow 18,081.81 57.64 0.32%
Nasdaq 4,786.71 21.29 0.45%
S&P 500 2,087.05 4.88 0.23%
Treasuries 2.29 0.03 1.51%
Data as of Dec 24
Company Price Change % Change
Bank of America Corp... 18.04 0.12 0.64%
Gilead Sciences Inc 92.34 2.89 3.23%
General Electric Co 25.71 -0.17 -0.66%
Cisco Systems Inc 28.57 0.32 1.13%
Apple Inc 112.22 -0.32 -0.28%
Data as of Dec 24

Sections

JetBlue is offering to fly police to New York for the funeral of slain NYPD officers and is working to have the family of one of the officers flown in from overseas. More

Cheap gas spreads with a half dozen states poised to join Missouri offering drivers gas for less than $2 a gallon. More

Illegal downloads of 'The Interview' topped 750,000 on BitTorrent this Christmas. More

According to data from Google Trends and GrubHub, Chinese food remains the most popular type of food order on Christmas. More

After losing their daughter to liver failure and getting hit with $200,000 in student loans, the Mason family is finally getting financial relief. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.