Toyota recalling 270,000 cars that may stall

Fri Jul 2, 2010 6:34pm EDT
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By Bernie Woodall

DETROIT (Reuters) - Toyota Motor Corp said on Friday it would recall 270,000 of its luxury Lexus models and Toyota Crown sedans for the chance that faulty valve springs may cause engine stalling.

Earlier on Friday, Toyota officials said that 90,000 Lexus and Toyota Crown sedans will be recalled in Japan.

That was followed by the U.S. Lexus division saying 138,000 Lexus sedans would be recalled and the Canadian Lexus division saying 3.700 Lexus owners would be asked to bring their cars in to dealerships for repair.

The recalled vehicles are from model years 2006 to 2008.

Transport ministries in the countries involved were informed Friday or would be informed early next week, Toyota said.

"Lexus vehicles, powered by 4.6 and 5.0 liter V8 and 3.5 liter V6 engines in certain 2006, 2007 and 2008 GS, IS and LS models" will be recalled in the United States, Lexus said.

Japan's Asahi newspaper reporting the move could cost the car maker up to 20 billion yen ($228 million).

Toyota declined to confirm the reported cost estimate for the recalls, which would amount to a relatively steep 74,000 yen ($844) a vehicle.   Continued...

<p>A Lexus logo is seen at the 41st Tokyo Motor Show in Chiba, east of Tokyo October 21, 2009. REUTERS/Issei Kato</p>