Toyota recalls Prius and Lexus hybrids

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A customer checks out a Toyota Prius hybrid vehicle at the company's showroom in Tokyo on February 9, 2010. Japanese auto giant Toyota Motor is recalling 199,666 Prius hybrid vehicles in Japan owing to faulty brakes, the transport ministry said, a move that is also expected to spread to overseas markets.

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Toyota issued a global recall today for over 400,000 Prius and Lexus hybrid models to address braking problems in the vehicles. The company will fix a software glitch that causes brief delays in braking capacity when traveling over icy or bumpy roads. At the same time, federal officials are looking into complaints of steering troubles in the Toyota Corolla. Larry Mantle discusses the details of the problem and the continued woes for Toyota.

Guest:


James Bell, vice president and executive market analyst with Kelley Blue Book, formerly of Intelle-choice


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