Toyota plant in Tahara, Japan (KAZUHIRO NOGI/AFP/Getty Images)
Toyota is believed to have already agreed to the planned voluntary repair of gas pedals possibly involving 4 million cars, the sources said.
The carmaker is now in the final stage of arranging the move with the U.S. National Highway Traffic Safety Administration, they said.
Repair costs are estimated at tens of billions of yen, but Toyota expects it will not affect its overall business performance because the company has set aside nearly ¥500 billion in case of such an event, a senior Toyota official said. – read more at The Japan Times…
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