Toyota recalls 2.87 million vehicles over dangerous seat belt failures

Toyota Rav 4 Recall - Seat Belt Issues

Toyota Motor is recalling 2.87 million vehicles due to a safety issue with seat belts, the company announced on Thursday.

The company is recalling RAV4 models produced from July 2005 through August 2014 and sold worldwide. Also being recalled are the Vanguard SUVs produced from October 2005 through January 2016 and sold in Japan.

Toyota says it is issuing the voluntary recall after reports of faulty seat belts were reported. The metal part could shear off and slice through the seatbelt in a crash, the company says.

Toyota plans to add a resin cover to the metal framework for the recalled seat belts.

The Japanese automaker has experienced a spat of recalls in recent months, including millions of vehicles that were recalled over Takata airbags. That recall was issued after 10 deaths were reported in the United States.

Toyota has now recalled more than 30 million vehicles worldwide in the last year.

Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at