Toyota recalls 1.2 million cars

AOL Money Staff

Toyota is recalling 907,000 cars, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury vehicles for defective wipers.

The company said there have been no accidents or injuries related to the defects, but it received 46 reports of problems involving the air bags from North America, and one from Japan. There were 25 reports of problems related to the windscreen wipers.