Toyota is halting sales of eight vehicle models covered by a recall for an sticking accelerator pedal problem until it can find a solution.
The result? The world's No. 1 (for now???) automaker is completely halting production at four North American plants and shutting down one line at another.
Toyota announced last week it was recalling 2.3 million Toyota cars and trucks due to accelerator pedals that could fail to spring back, raising the total number of Toyota models called back for possible uncontrolled acceleration to 4.8 million.
Toyota does not have a fix for the problem nor an estimate of when one will be available, hence teh manufacturing shutdown.
With the auto industry struggling for more traction after the expiration of Cash for Clunkers, this won't help Toyota nor a chain of auto parts suppliers.
Meanwhile, worries about how the Toyota quality issue might have fallout are spreading across Japanese manufacturing.
And, for Toyota to admit it doesn't yet have a fix? Boy, that's big.
Now, if you're a non-Toyota automaker, do you get aggressive with some new rebates or something to fill in the gap? I'm curious what Honda will do with some of its lines, and Ford with the new Focus.
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