April 25, 2014

Toyota Denies Reports About Early Return To Normalized Production

Toyota Motor Corp shares rose as much as 3% on rumors that the company would return to normalized production 2 or three months early. The company however denied those reports and stated that while they would return to normal levels as fast as possible, that the end of the year is still the target date. Several manufactures have had production cuts due to the disaster in Japan.

Toyota has their United States factories back online, but production rates are about half of what the company had planned. The company plans to gradually lift production from July in Japan and around August overseas. Toyota is not alone in the production slowdown. The supply of parts has impacted nearly every automaker across the globe to some degree.

Toyota Issues Recall On 2011 Tundra Trucks

Toyota Motor Sales has  announced yet another voluntary safety recall of about 51,000 2011 Tundra trucks.  The purpose of the recall is to inspect the rear drive shaft of the vehicle.  Toyota announced the recall Tuesday, April 26, 2011.  The company will inspect or replace the rear drive shaft of impacted Tundra’s at no charge to the consumer. The inspection process takes about 10 minutes, and replacement, if needed will need to be scheduled.

The company will notify impacted consumers via a mailed letter, but owners can contact the company or dealer to see if the recall includes their vehicle.  If you are a 2011 Toyota Tundra owner I would recommend checking with a dealer and not relying on the mail system to inform you.

The company says no accidents or injuries have been reported due to the issue.

For more information, trucks owners can also call the Toyota Customer Experience Center at (800) 331-4331.