Market Chatter: Toyota Recalls 55,405 Vehicles in US Over Inverter Bolt Issue

MT Newswires Live
12/23

Toyota Motor (TM) is recalling 55,405 vehicles in the US because a bolt inside the inverter may not have been properly tightened, Reuters reported Tuesday, citing the National Highway Traffic Safety Administration.

The issue can cause incomplete contact at the inverter terminal, the news agency reported, citing the NHTSA, adding that the automaker is developing a remedy.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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