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Asco Works On Global Recall On Toyota Prius And Lexus CT200h

  Asco Motors is understood to be working with the relevant authorities to confirm the logistical requirements of the impending global recall of Toyota Prius and Lexus vehicles. The announcement
16 Jul 2016 07:25
Asco Works On Global Recall On Toyota Prius And Lexus CT200h
Asco Motors

 

Asco Motors is understood to be working with the relevant authorities to confirm the logistical requirements of the impending global recall of Toyota Prius and Lexus vehicles.

The announcement was made by the South Pacific Stock Exchange yesterday to clear earlier reports this week in relation to this.

The local concerns come after the global recall by Toyota of 1.43 million hybrid Prius and Lexus CT200h cars because of a possible airbag inflator defect.

Toyota Tsusho (South Seas) Limited is a listed company on the South Pacific Stock Exchange and is trading as Asco Motors here.

SPSE confirmed Toyota Tsusho (South Seas)is working closely with the Land Transport Authority, Consumer Council of Fiji and Toyota counterparts in Brisbane and Japan.

SPSE chief executive, Latileta Qoro, said Toyota Tsusho (South Seas)is the only registered dealer in retailing and aftermarket operations of the Toyota franchise.

“Therefore, bringing the logistical matters to finality remains the priority for Toyota Tsusho (South Seas) at this stage,” she said.

“The SPSE is closely monitoring this matter via daily correspondence with TTS officials.

“It is expected that the matters above will be addressed before the week concludes.

“A Market Announcement providing further information on the recall process and any expected impact this may have on TTS’s financial performance will be released immediately thereafter through the SPSE via Market Announcement.”

 

Background

The global recall was announced in the last week of June. It covers 2010-2012 vehicles with air bag inflators that could have a small crack in a weld which could lead to the separation of the inflator chambers.

The air bag could partially inflate and the inflator could enter the vehicle interior, increasing the risk of injury, Toyota said.

Feedback:  rachnal@fijisun.com.fj

 

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