General Motors Co is recalling 1.3 million compact cars in North America to address a power steering problem that has been linked to 14 crashes and one injury, the company said on Tuesday.
U.S. safety regulators opened an investigation on January 27 into approximately 905,000 Cobalt models in the United States after receiving more than 1,100 complaints of power steering failures. The complaints included 14 crashes and one injury.

Toyota Motor Corp has decided to cancel production at two U.S. plants for a total of two weeks in anticipation of a drop in sales in the wake of its massive recalls, Japan’s Chunichi Shimbun reported on Tuesday.

The shoe dropped, and Toyota Motor Corp. has announced its 2010 Priusbraking problem recall: 437,000 cars worldwide. The recall could end costing the company $2 billion.

Toyota Motor Corp faced its first U.S. class-action lawsuit stemming from complaints of faulty braking of its top-selling Prius hybrid model, which the automaker is to recall.

Toyota Motor Corp will suspend U.S. sales of eight models subject to a massive safety recall, an unprecedented move that sent its shares tumbling and raised questions about the timing of its earnings recovery.

Toyota Motor Corp aims to double its global output of gas-electric hybrid cars to 1 million units in 2011, as it fights to stay in the lead in the growing market for low-emission cars, the Nikkei business reported on Monday.