CHICAGO (AP) — Toyota is recalling about 655,000 of its Camry vehicles globally, the automaker confirmed Tuesday, due to a display error that may deactivate safety indicators like turn signals and hazard lights during startup.
Most of the now-recalled cars were sold in the U.S. — where more than 508,000 model year 2025-2026 Camry Hybrids are affected.
According to documents published by the National Highway Traffic Safety Administration, these vehicles are equipped with a 7-inch (17.8 centimeters) display combination meter that can become blank at startup. And beyond turn signals and hazard lights, certain warnings like seat belt reminders and “key left in ignition” buzzers may also not function as a result.
These display failures increase crash risks — both for drivers who may not be able to see telltale indicators and “the ability of other road users to recognize the driver’s intent to change direction or indicate a vehicle hazard,” the NHTSA warns.
Texas-based Toyota Motor North America — a subsidiary of the larger Japanese automaker — says it will notify all known owners of the affected Camrys to bring their vehicles into a certified dealer. To remedy the issue, those dealers will later provide a software update free of charge.
Owner letters are set to be mailed starting Sept. 21 in the U.S., and Toyota expects to complete those notifications by early October. In the meantime, customers can check the NHTSA's and Toyota's online recall lookups to see if their car is affected.
Toyota confirmed to The Associated Press via email Tuesday that its recall affects markets in North America, the Middle East, Asia and some countries in other regions. The company said the 655,000 vehicles impacted globally were produced between December 2023 and July 2026 — across three plants located in the U.S., Japan and Thailand.
For more information, customers can visit Toyota's website or contact customer support at 1-800-331-4331.
FILE -Toyota dealership, April 30, 2026, in Nashua, N.H. (AP Photo/Charles Krupa, File)
NEW YORK (AP) — U.S. stocks are hanging around their records on Tuesday, while oil prices keep swinging on uncertainty about when the war with Iran will allow crude to flow freely again.
The S&P 500 added 0.1% and remained near its all-time high set on Friday. The Dow Jones Industrial Average was up 7 points, or less than 0.1%, as of 11 a.m. Eastern time, and the Nasdaq composite was nearly unchanged.
The action was more unsettled in the oil market, where the price for a barrel of Brent crude briefly jumped above $90 in the morning before falling back below $87. It was most recently at $87.99, up 0.3% from Monday’s settlement price.
Such swings have become typical since the United States and Israel attacked Iran in late February, which led to the closure of the Strait of Hormuz and kept much of the world’s oil pent up in the Middle East. Last month alone, Brent’s price veered between $72 and $102 per barrel.
Higher oil prices make inflation worse, and they’ve sent the average cost for a gallon of regular gasoline to $4.01, according to AAA. That’s up from less than $3.14 a year ago, though it’s down from last week’s nearly $4.09.
That has Wall Street’s attention focused on Wednesday, when the U.S. government will release the latest monthly reading on inflation. Economists expect it to show inflation remains high but that it decelerated to 3.4% in July from 3.5% in June.
That could help the Federal Reserve, whose members are notably split on whether they should be raising the country’s interest rates to keep a lid on inflation. While higher rates could help slow the increases of prices on store shelves, they would also slow the overall U.S. economy by making it more expensive for U.S. households and businesses to borrow money. They would also undercut prices for stocks and other investments.
Traders are betting on a coin flip’s chance that the Fed will raise its main interest rate at its next meeting in September, according to data from CME Group. If it does, that would be the first increase in more than three years. It also could anger President Donald Trump, who has been lobbying for lower interest rates.
Treasury yields have jumped since the war with Iran because of higher oil prices and worries about inflation, sending long-term mortgage rates to their highest levels in a year.
The 10-year Treasury yield eased back Tuesday, falling to 4.68% from 4.72% late Monday. But it remains well above its 3.97% level from before the war with Iran.
On Wall Street, Cardinal Health rose 1.5% after becoming the latest big U.S. company to report a stronger profit for the spring than analysts expected.
Businesses have blown past analysts’ forecasts, which Wall Street loves because stock prices tend to follow the path of corporate profits over the long term.
Aramark, the food company and facilities manager, rallied 9.7% after reporting stronger profit and revenue for the latest quarter than analysts expected.
They helped offset a drop of 19.1% for On Holding. The Swiss sneaker company also topped analysts' forecasts for profit in the latest quarter. But it gave a forecast for upcoming revenue that fell short of analysts' expectations, while saying it does not want to slash prices to drum up more sales.
Intel slipped 0.2% after it said it would sell $20 billion of its stock at $95 per share. That’s up from the $15 billion that it said it would sell the day before, and such moves dilute the ownership stakes of people who already own Intel stock.
Intel plans to use the cash it’s raising for investments to take advantage of the boom in demand for artificial-intelligence technology.
In stock markets abroad, indexes edged higher in Europe following a mixed finish in Asia. Hong Kong’s Hang Seng fell 1.1% for one of the world’s bigger moves.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed to this report.
A general view shows the New York Stock Exchange, Friday, Aug. 7, 2026, in New York. (AP Photo/Yuki Iwamura)
A TV cameraman prepares to film near the screens showing the Korea Composite Stock Price Index (KOSPI) and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, Aug. 11, 2026. (AP Photo/Lee Jin-man)
A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, Aug. 11, 2026. (AP Photo/Lee Jin-man)
A dealer stands near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, Aug. 11, 2026. (AP Photo/Lee Jin-man)
An employee walks past near the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, Aug. 11, 2026. (AP Photo/Lee Jin-man)
