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Detailed text transcripts for TV channel - CNN - 20100218:14:31:00

Hewle checking on early numbers, we are lower. the dow down about seven and the nasdaq down about 3. sadie, who rang the opening bell, the scottish terrier, the winner of the westminster kennel dog show, and sadie is the first scottish terrier that won in more than 20 years. she took second place a year ago, and that s after, kyra, she had an accident on the show floor, and she placed second, but this time she is top dog. thank you, alison. sure. the u.s. government now opening a new investigation into toyota. this time it s about steering problems, the car, the corolla, 2009 and 2010 models. that s about half a million cars. many of the cars are part of the ....

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Detailed text transcripts for TV channel - CNN - 20100218:14:03:00

yeah, this one involves the kcoroll corolla. the u.s. will be opening an investigation today looking into corollas from the past two years. and the highway safety administration is telling us 363,000 from 2009 and 136,000 from 2010 could be affected. a lot of complaints are the drifting at high speeds, or steering wheel vibrations, and exaggerated steering meaning you move it a little and it moves a lot more than expected. translator: if this is a problem that threatened the ....

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Detailed text transcripts for TV channel - CNN - 20100218:15:33:00

And the complaints just keep piling up, kind of like the safety concerns. brakes, gas pedals, power steering. i m also kind of afraid to ask the question what s next, josh levs. reporter: i know, who isn t right now, right? i mean at this point we re hearing more and more things every day. this is yet another stage in the troubles now plaguing this japanese automaker. this one today involves the corolla. this is toyota s second most popular model right after the camry. cnn is being told the u.s. will open an investigation today looking into some corollas from the past two years. an official with the national highway traffic safety administration tells cnn 363,000 corollas from model year 2009, another 136,000 from 2010 could be affected. now, as of last week the administration had collected 80 complaints about problems with these vehicles. a lot of them are about the car ....

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Detailed text transcripts for TV channel - CNN - 20100218:15:34:00

Drifting at high speeds. other owners complain of steering wheel vibrations or exaggerated motions from steering. you move the steering wheel a little bit and the car swervz a lot more than you expect. yesterday toyota s vice president commented on whether the company would announce any further recalls because of this. translator: we will make a recall of corolla if this is a problem that threatens the safety. if it is not, we will provide the usual repair service based on customer complaints. reporter: so, kyra, we will be seeing what the company does next. our cnn money team is reporting that the national highway traffic safety administration will officially announce that investigation today, kyra. so how many vehicles are we talking about with regard to what toyota has already recalled? it s such a huge number. more than 8.1 million worldwide for various issues. in a lot of cases sticking accelerator pedals. the company is promising much stricter safety controls and ....

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