Toyota Faces Second Multi-Million Vehicle Recall in Two Months Amid Quality Concerns
Posted on November 15, 2012 at 03:34 AM EST
SUGAR LAND--November 15, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--The last few years have been difficult for Toyota Motor Corporation (NYSE:TM) (Tokyo, Japan). In 2011, Toyota faced severe setbacks thanks to earthquakes and a tsunami in Japan and massive flooding in Thailand. The year before, the automaker struggled through severe criticism and a major recall after concerns were raised about the brakes on its vehicles. 2012 was supposed to be the year that Toyota put it all back together, got on the ball, and reclaimed its spot on top of the automotive sector. While it has clawed its way back to the top slot in sales, Toyota is now announcing its second multi-million vehicle recall in two months.