Toyota (TM) recalls 1.9M RAV4 SUVs in U.S. due to fire risk

Japanese automaker, Toyota Motor Corp. (NYSE: TM) announced that they are recalling 1.9m RAV4 compact SUVs in the US due to a defect that could potentially lead to a fire.

The RAV4 is a crucial model for Toyota within the US market, representing 367,000 units of the company's total of 2.1 million vehicles sold in the region last year.

The RAV4 is produced at both the Georgetown plant in Kentucky and in Ontario, Canada.

The recall affects RAV4 vehicles from model years 2013 through 2018. The company explained that a potential issue may arise due to the use of slightly smaller 12-volt batteries in RAV4 models sold in the US compared to those intended for other markets.

If the clamp is not tightened, a sharp turn could lead to battery shifting, causing the positive terminal to come in contact with the clamp, resulting in a potential short circuit.

Toyota has not confirmed if this issue has yet to lead to any fires or injuries.

Shares of TM are down 0.26% in afternoon trading on Monday.

By Michael Elkins | [email protected]

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