Usman Shah
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Toyota Recalls 235,000 Cars

Toyota Motor Corporation (NYSE: TM) having problems with cars once again, the Japanese car company will recall 235,000 cars in the U.S. The cars are having issues with stalling (loss of power), they had the same issue in 2011, About half of those cars are Lexus IS 350. They say the heat is at fault for the cars losing power, but issue can lead to cars losing power completely. I think the recall was a smart idea by Toyota but will damage the sales for the company. The stock is doing okay currently just down .19% from yesterdays closing price.