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Possibility to add to the short positions on Toyota

Toyota Motor Corp. (7203.T) said Wednesday it has expanded the seizure of a fuel pump worldwide to a total of 5.84 million vehicles for a defect that could lead to part failure.

Japan’s largest carmaker said on Wednesday that it was adding another 1.52 million cars in the United States to the withdrawal, which was first announced in January and covers a number of models built between July 2017 and September.

Toyota said vehicles that have a fuel pump that can stop working and can cause the vehicle to break down. Dealers will replace the fuel pump with an improved version.

The seizures cover cars including 2013-2015 Lexus LS 460 and GS 350, 2017-2019 Toyota Highlander and 2017-2020 Toyota Sienna and Lexus RX 350 and 2018-2020 Toyota Avalon, Camry, Corolla, Sequoia, Tacoma, Tundra, and Toyota RAV4 2019-2020.

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 Junior Trader Mert Mustafa


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