Toyota (TM) recalls 20k Tundra vehicles

Toyota Motor (NYSE: TM) has issued a recall for 21,781 Tundra and Tundra hybrid vehicles equipped with a spray-on bed liner accessory.

According to the recall notice published by the National Highway Traffic Safety Administration (NHTSA), the load carrying capacity modification labels list the incorrect carrying capacity, which could potentially lead to an overloaded vehicle. A vehicle loaded beyond carrying capacity may be at a higher risk of a crash, according to a NHTSA report.

The incorrect labeling also places the vehicles in violation of Federal Motor Vehicle Safety Standard number 110, "Tire Selection and Rims."

Owners of affected vehicles should avoid loading their vehicle according to the labels and contact Toyota for a replacement label as soon as possible.

Dealers will replace the load carrying capacity modification label, free of charge. Owner notification letters are expected to be mailed Oct. 29, 2023.

Shares of TM are down 1.29% in afternoon trading on Monday.

By Michael Elkins | [email protected]

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