Ford Tops in Vehicle Residual Value

[dmek25]

TOKYO — Could the Corolla be next?

Toyota Motor Corp. said Wednesday it's looking into complaints of power steering problems with its popular compact car and is considering a recall as one option. That would be another blow to the world's largest automaker grappling with a spate of safety lapses ranging from sticking gas pedals to braking problems.

President Akio Toyoda also said he's not going to Washington to appear at congressional hearings next week, preferring to leave that to his U.S.-based executives while he focuses on beefing up quality controls — though he would consider attending if invited.