Toyota Recalls 247K Vehicles To Fix Faulty Airbags

(RTTNews) - Japanese car maker Toyota Motor Corp. (TM), Monday announced recalls of 247,000 SUVs, sedans and pickup trucks in the US to fix a potentially faulty front passenger airbag inflator supplied by Japan's Takata Corp.

The Monday recall is an expansion of an earlier recall from Toyota that affected other models. It is possible that the passenger front airbag inflators in affected vehicles may deploy with too much pressure, which may cause the inflator casing to rupture and could result in injury.

The supplemental safety recall involve about 247,000 Toyota Corolla, Matrix, Sequoia, Tundra and Lexus SC vehicles produced from 2001 to 2004.

Many automobile manufacturers have used the airbag inflators supplied by Takata and have announced recalls, including Honda, Fiat Chrysler, Ford and BMW. The cause of the potential for ruptured inflators and the influence of high absolute humidity are under investigation, the company said. Toyota has not received any reports of injuries or fatalities related to this condition.

TM is currently trading at $113.14, up $3.35 or 3.05%. on the NYSE.