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Tokyo / Bloomberg
Toyota Motor Corp. said it’s recalling about 3.4 million vehicles to repair separate flaws involving leaky fuel tanks and curtain air bags that may crack and injure occupants.
The larger fuel tank recall affects 2.87 million vehicles worldwide, including Prius hybrids and Corolla compacts, the company said in an e-mail. Toyota said fuel emissions control canisters could crack and result in leaks when the vehicles have full tanks of gas.
The other global recall of 1.43 million Prius hybrids and Lexus CT compact cars is to repair curtain air bags with inflators that can develop cracks in vehicles parked and unoccupied for a period of time and risk injuring occupants, according to an e-mail. About 932,000 vehicles are involved in both recalls, Toyota said in a statement on Wednesday.
The world’s largest automaker last month forecast about $1.47 billion in increased quality-related expenses for the year ending in March 2017. The estimate factors into the company’s projection that operating income may plunge about 40 percent from the
previous fiscal period.