By Matt AgoristTODAY, May 06, 2018 5:22:03It took about four months after a Toyota dealership reported the leak of coolant, a liquid that provides heat for the engine, for the company to provide a fix.
That meant Toyota’s dealerships, which had not been equipped with automatic shutoff valves, had to start the process again, according to Jim Anderson, an auto dealer and owner of the dealership in San Antonio, Texas.
The dealership was able to provide the company with the replacement coolant in time, Anderson said.
The repair cost was $650,000, he said.TECHNICAL DANGER: Toyota coolant leaks cost over 600K to fix article By MATT AGORISTOn the first day of the year, the Toyota dealership in southern Texas that had reported a coolant leakage had to take out an automatic shut-off valve, so they could install a new one.
That cost $650K, said Anderson.
But Toyota is not the only automaker to have to repair coolant.
A recent report by the National Highway Traffic Safety Administration (NHTSA) showed the cost of leaking coolant could exceed $600 million.
The cost of the repair was $400,000.
Toyota’s dealership in Austin, Texas, said it has about 1,500 Toyota dealers in the United States, with more than 1.4 million customers.
The dealership had no immediate comment on the report.
This story was updated at 4:12 p.m.
ET to include the NHTSA report.