Prius emblem A failsafe mode designed to engage in the event of a hybrid system fault may not kick in because of a software glitch, causing the car to stall, according to a Toyota statement. If that happens at higher speeds, there is increased risk of a crash. (Photo: Noriko Hayashi/Bloomberg)

(Bloomberg) – Toyota Motor Corp. is recalling more than 2 million of its iconic Prius hybrids globally on the risk that a software malfunction could end in a crash.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Personal Lines
Auto
Personal Lines
Corporate Risk
Loss Control