Toyota considering another recall; engines may stall

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Toyota officials in Tokyo earlier on Thursday said the world's top automaker was considering "some kind of measure" that may include the recall of 270,000 vehicles worldwide involving eight of its Toyota and Lexus models.

No accidents or injuries have been reported, Toyota said, related to the issue.

Since last September, Toyota has been plagued with a safety crisis that has led to the recall of more than 10 million vehicles globally, most for potential unintended acceleration. About 7.3 million vehicles have been recalled in the United States, the automaker's biggest market.

Toyota said that decisions by government regulators would determine if a recall was necessary for the eight models, including the high-end Lexus LS460 and Toyota Crown sedans.

The US National Highway Traffic Safety Administration had not received any communication from Toyota regarding the issue as of early Thursday, according to a Department of Transportation spokeswoman. The DOT is the parent agency of the NHTSA.

Models involved have 4.6-liter and 3.6-liter engines, a Toyota spokeswoman in Tokyo said.

Some of these vehicles could have a problem with the valve spring in their engines that may cause idling trouble that could lead to engine failure, although no accidents have been reported, she said.

An autos analyst in Tokyo said investors were likely to shrug off news of a recall if it is limited and handled quickly by Toyota.