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| Toyota recalls another 1.1m cars | Toyota recalls another 1.1m cars |
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| Toyota has announced the recall of an additional 1.1 million cars in the US over concerns about accelerator pedals getting stuck on floor mats. | Toyota has announced the recall of an additional 1.1 million cars in the US over concerns about accelerator pedals getting stuck on floor mats. |
| The firm also said the recall would be extended to Europe, but exactly where and which models had yet to be decided. | The firm also said the recall would be extended to Europe, but exactly where and which models had yet to be decided. |
| The new recall comes just a day after the carmaker said it was suspending sales of eight popular US models. | The new recall comes just a day after the carmaker said it was suspending sales of eight popular US models. |
| Toyota also announced that 750 jobs would be going at its Burnaston plant in the UK before the end of August. | Toyota also announced that 750 jobs would be going at its Burnaston plant in the UK before the end of August. |
| "[Last year] was a tough year for Toyota Manufacturing UK," the carmaker said. | "[Last year] was a tough year for Toyota Manufacturing UK," the carmaker said. |
| "This decision is related to production capacity and efficiency, not to production volumes." | "This decision is related to production capacity and efficiency, not to production volumes." |
| Toyota said no decision had been taken about how the jobs would go, but added that it was not currently considering compulsory redundancies. | Toyota said no decision had been taken about how the jobs would go, but added that it was not currently considering compulsory redundancies. |
| The plant employs about 3,800 people. | The plant employs about 3,800 people. |
| Investor concerns | Investor concerns |
| The specifics of the recall in Europe have yet to be decided. | The specifics of the recall in Europe have yet to be decided. |
| Colin Hensley, general manager of Toyota's European operations, said the carmaker was trying to establish how many European models shared the parts used in the cars recalled in the US. | Colin Hensley, general manager of Toyota's European operations, said the carmaker was trying to establish how many European models shared the parts used in the cars recalled in the US. |
| Last week, the world's largest carmaker recalled 2.3 million cars in the US with faulty pedals. | Last week, the world's largest carmaker recalled 2.3 million cars in the US with faulty pedals. |
| It has now recalled almost 8 million cars in the US in the past four months. | It has now recalled almost 8 million cars in the US in the past four months. |
| Last October, it recalled 4.2 million cars because of worries over pedals getting lodged under floor mats. | Last October, it recalled 4.2 million cars because of worries over pedals getting lodged under floor mats. |
| "Toyota's remedy plan is to modify or replace the accelerator pedals on the subject vehicles to address the risk of floor mat entrapment," the company said. | "Toyota's remedy plan is to modify or replace the accelerator pedals on the subject vehicles to address the risk of floor mat entrapment," the company said. |
| The latest recall affects five models in the US: the 2008-2010 Highlander and the 2009-2010 Corolla, Venza, Matrix and Pontiac Vibe. | The latest recall affects five models in the US: the 2008-2010 Highlander and the 2009-2010 Corolla, Venza, Matrix and Pontiac Vibe. |
| Toyota shares fell a further 3.9% in Japan, after dropping 4.3% on Wednesday, as concerns about the impact of the recalls on the carmaker's financial health and reputation gripped investors. | Toyota shares fell a further 3.9% in Japan, after dropping 4.3% on Wednesday, as concerns about the impact of the recalls on the carmaker's financial health and reputation gripped investors. |
| "It is still uncertain how this recall problem will affect Toyota's profits. But investors are worried it could really pressure the company's overall earnings," said Masatoshi Sato at Mizuho Investors Securities. | "It is still uncertain how this recall problem will affect Toyota's profits. But investors are worried it could really pressure the company's overall earnings," said Masatoshi Sato at Mizuho Investors Securities. |
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