Toyota to recall 7.4m vehicles globally

City A.M. Reporter
Car manufacturer Toyota said this morning it is to recall 7.4m vehicles globally, due to malfunctioning power switches.

The Vitz, Yaris and Corolla models are thought to be affected.

The company will recall 2.47m vehicles in the US, as well as 1.4m from China and another 1.4m in Europe, making the biggest single recall since Ford pulled back 7.9m vehicles in 1996.

Toyota yesterday reported that sales declined almost 50 per cent year on year in China over September.