Toyota Subpoenaed by Federal Grand Jury
TOKYO - Toyota Motor Corp. said it has been subpoenaed by a federal grand jury in New York to submit documents related to problems with rods that connect a vehicle's steering system to its front wheels, reported The Associated Press.
The world's largest automaker, which is trying to repair a reputation damaged by recalls of millions of cars worldwide since October, said the federal grand jury issued the subpoena to its U.S. subsidiary in late June.
Toyota said it was the company's second subpoena from a federal grand jury -- a panel that can determine whether evidence exists to bring criminal charges.
"The company and its subsidiary are sincerely cooperating with authorities on the probe," Toyota said in a statement.
Defective steering relay rods led Toyota to recall 4Runner sports utility vehicles and T100 pickup trucks in the United States in 2005.
Toyota said the grand jury's subpoena did not specify vehicle models and it was not clear that the subpoena was linked to the 2005 recall, which came several years before safety lapses erupted into a global recall crisis late last year.
The automaker has recalled more than 8.5 million vehicles worldwide since October, including 6 million in the U.S. alone, to address the possibility of unintended acceleration and to fix a braking problem in its Prius hybrid.
In February, Toyota was subpoenaed by a U.S. federal grand jury seeking documents related to unintended acceleration in its vehicles and the braking system of its Prius hybrid.
Earlier this year, Michigan Attorney General Mike Cox also asked Toyota to submit information on the recent U.S. recalls, Toyota spokeswoman Ririko Takeuchi said. She declined to elaborate.
Toyota paid a record $16.4 million fine for being slow to recall vehicles with an accelerator pedal problem and is facing hundreds of state and federal lawsuits. Congress is considering an upgrade to auto safety laws in the aftermath of the Toyota recalls that began in October.
In Tokyo, Toyota shares fell 2.6 percent Tuesday to close at 3,055 yen before the subpoena announcement was made.
More Industry

Kia Closes Out Summer With a Bang
Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.
Read More →
Indiana Dealership Changes Hands
A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.
Read More →
Texas Dealership No Longer in the Family
The Ford store, a longtime cornerstone of the Houston market, is now part of one of the fastest-growing U.S. auto groups.
Read More →
Genesis Grows California Presence
The Cardinale Automotive Group opened its third Genesis rooftop in the Golden State, Genesis of San Bruno, a stand-alone dealership serving the San Francisco Bay Area.
Read More →
August Auto Sales a Mixed Bag
An early forecast shows strong business despite consumer hurdles, and hybrids are a big piece of their affordability coping strategy.
Read More →
EV Market Humming Along
July sales show steady growth as the segment stabilizes from last year’s artificial surge following pullback of federal support.
Read More →
Auto Loan Delinquency Rates Stabilize
Auto loans are a main driver of nonmortgage consumer debt, but delinquency rates stabilized in the second quarter across all credit risk tiers.
Read More →
EV Sales Recover in Q2
The EV sales roller coaster continues as numbers show improvement, but industry experts predict a year-over-year third-quarter decline and fourth-quarter jump.
Read More →
The Cheapest Hybrids to Fuel
The powertrain is increasing in popularity, in no small part due to its fuel economy. A new report lists the most efficient hybrids on the market.
Read More →
Hybrids and SUVs Gaining Ground
The most recent Kelley Blue Book Brand Watch found that only two nonluxury brands increased in shopper consideration, buoyed by their hybrid and SUV offerings.
Read More →