Toyota Recalling 1.9 Million Prius Vehicles for Software Issue

Toyota has issued a voluntary recall of more than 1 million vehicles in the U.S., including more than 700,000 Prius models.

Feb 12, 2014 at 12:20PM

Today Toyota Motor (NYSE:TM) announced vehicle recalls in the U.S., including more than 700,000 Prius vehicles, and approximately 300,000 total Toyota RAV4, and Tacoma models, as well Lexus RX350 vehicles. The recalls are the result of two separate issues, and are all considered to be voluntary safety recalls.

For the affected 2010 to 2014 Prius models -- totaling more than 1.9 million worldwide -- Toyota will upgrade the engine control unit (ECU) which helps governs engine performance to ensure it is operating at the optimal level. The press release noted that "the software's current settings could result in higher thermal stress in certain transistors, potentially causing them to become damaged," and that this could cause the vehicle to shut down entirely, or enter a "failsafe mode."

Toyota said that 997,000 of the affected Prius cars are in Japan, some 713,000 in North America, another 130,000 in Europe, and the rest in other regions.

In addition to the Prius recalls, Toyota will also be issuing recalls for 2012 RAV4, 2012-2013 Tacoma, and 2012-2013 Lexus RX 350 vehicles. The issue with those cars stems also from the ECU, except the problem is one that may cause the vehicle stability control, anti-lock brake, and traction control functions to intermittently turn off. The company did highlight that if the issue does present itself, the braking functions of the vehicles remains fully operational.

Owners of the vehicles in the recall will receive the upgraded software at no cost, and they will receive notification when the upgrades are available at their dealers. The release highlighted Toyota had not received any notifications of accidents or injuries resulting from the issues it is recalling the vehicles for.

-- Material from The Associated Press was used in this report.


Patrick Morris has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.


Compare Brokers