UPDATE 1-Toyota to recall Prius in Japan, U.S.-Nikkei

DETROIT, Feb 4 (BestGrowthStock) – Toyota Motor Corp (7203.T: ) plans
to recall an estimated 270,000 units of its new-generation
Prius hybrid in the United States and Japan to fix a brake
problem, the Nikkei newspaper reported on Thursday.

Toyota will soon file with Japan’s Transport Ministry and
the U.S. Department of Transportation for the recall following
consumer complaints about insufficient braking on the 2010
model year Prius, the newspaper said, without citing sources.

Toyota representatives in the United States were not
immediately available for comment.

The move comes after U.S. safety regulators opened a formal
probe on Thursday into problems with the brakes of the Prius,
the latest jolt to an automaker already reeling from massive
recalls of its most popular vehicles, including the Camry.

The latest recall covers the third-generation Prius, which
was launched in May, the Nikkei said. It covers about 176,000
vehicles in Japan and around 100,000 in the United States sold
between May and December last year, the Nikkei said.

Investment Research

(Reporting by Soyoung Kim)

UPDATE 1-Toyota to recall Prius in Japan, U.S.-Nikkei