Toyota Ponders Another Recall, This Time For Corollas
WASHINGTON -Automotive analysts are divided over the effects of another possible Toyota recall.
Toyota is considering a recall of its Corolla subcompact after complaints about power steering problems.
The managing director at Advanced Research Japan says another recall would deal a major blow to the world’s largest automaker. He called it “another big, big negative.”
But others say Toyota is sending a message it’s serious about maintaining quality. An analyst at Mizuho Investors Securities in Tokyo says it shows that Toyota, in his words, “has learned its lesson,” in that it’s now ready to “announce every investigation far more quickly.”