Being uninformed is so last season
23 April 2017 17:44 (South Africa)

Latest Toyota recall may cost as much as $228 million

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

Toyota said it would recall 90,000 luxury sedans in Japan on Monday. These include six Lexus and one Toyota model. It is unclear whether the cars will be recalled in the US as well but, if they are, about 270,000 vehicles will be affected, and the exercise could cost the car maker as much as $228 million.  Read more: Reuters

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

Get overnight news and latest Daily Maverick articles





Do Not Miss