Big Toyota recall over steering, water pump woes

  Wednesday, November 14th, 2012 Source: CBS Money Watch

Toyota Motor Corp. says it’s recalling 2.77 million vehicles around the world for a steering shaft defect that may result in faulty steering and a water pump problem. Japan’s top automaker said no accidents have been reported related to these two problems announced Wednesday. Some 1.51 million vehicles are being recalled for the steering defect in Japan and 1.25 million vehicles abroad, including 670,000 in the U.S. Affected models include the Prius hybrid, Corolla, Wish and other models produced in Japan from 2000 to last year, and from 2000 to 2009 overseas.

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