Toyota said Wednesday it is recalling 1.9 (m) million hybrid Prius cars globally for a software glitch that could cause the vehicle to stall.

Toyota Motor Corp. said that 997,000 Prius cars in Japan, some 713,000 in North America, another 130,000 in Europe and the rest in other regions are being recalled for a problem in the software to control the hybrid system.

Analysts say the move has sent ripples through stock markets, as the Japanese automaker has suffered similar massive recalls in the past.

"Toyota is the forerunner in terms of taking the same products into different cars. And therefore, if they have a problem, it always affects a lot of cars. Every car manufacturer has recalls from time to time, but Toyota tends to have big recalls and big recalls are big problems," said Tim Schuld, auto industry analyst and Managing Director of Equinet Bank.

Schuld added the development could affect Toyota's standing in the auto industry.

Toyota earlier this year claimed the top-selling spot for a second year in a row, beating US rival General Motors by some 270,000 vehicles in 2013, and had set an ambitious target to sell more than 10 (m) million vehicles this year.

"It's a tight race, Volkswagen wants to be the number one as well, GM (General Motors) wants to get the number one again, this recall will definitely not help," said Schuld.

No accidents or injuries have been reported related to the problem.

The software could cause transistors to become damaged, causing warnings lights to go off, driving power to be reduced or the car to stop.

The recalled vehicles were manufactured between March 2009 and February 2014.

The manufacturer suffered huge recalls starting in 2009, affecting more than 14 (m) million vehicles for problems including floor mats, gas pedals and brakes.

"The number of recalls Toyota had was not so large. It was just few recalls, but every time they had a recall it was a massive recall. So it might be just bad luck, but nobody in this industry is completely immune to such things," said Schuld.

AP TELEVISION

++AUDIO QUALITY AS INCOMING++

1. Set up of auto industry analyst Tim Schuld

2. SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

"It depends a lot on how much the recall will cost and if there's any bigger problems, but obviously the market is pretty excited about it, because they had such large problems in the past."

3. Cutaway of Equinet Bank logo on glass wall

4. SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

"Toyota is a forerunner in terms of taking the same products into different cars. And therefore, if they have a problem, it always affects a lot of cars. Every car manufacturer has recalls from time to time, but Toyota tends to have big recalls and big recalls are big problems."

5. Mid of Schuld being interviewed

6. SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

"It's a tight race, Volkswagen wants to be the number one as well, GM (General Motors) wants to get the number one again, this recall will definitely not help."

7. Wide of Schuld being interviewed

8. SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

"It's difficult to say, because the number of recalls Toyota had was not so large. It was just few recalls, but every time they had a recall it was a massive recall. So it might be just bad luck, but nobody in this industry is completely immune to such things."

9. Close of Equinet Bank logo

VOICE-OVER SCRIPT:

TOYOTA IS RECALLING NEARLY TWO-MILLION CARS.

THE JAPANESE AUTOMAKER SAYS A SOFTWARE GLITCH COULD CAUSE PRIUS HYBRIDS TO STALL.

THE NOTICE AFFECTS 713-THOUSAND VEHICLES IN NORTH AMERICA.

SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

"Toyota is a forerunner in terms of taking the same products into different cars. And therefore, if they have a problem, it always affects a lot of cars. Every car manufacturer has recalls from time to time, but Toyota tends to have big recalls and big recalls are big problems."

WHILE THIS RECALL INVOLVES A LARGE NUMBER OF VEHICLES--IT'S DWARFED BY THE MORE THAN 14-MILLION TOYOTAS RECALLED STARTING IN 2009. THOSE PROBLEMS INCLUDED FLOOR MATS, GAS PEDALS AND BRAKES.

SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

"It's a tight race, Volkswagen wants to be the number one as well, GM (General Motors) wants to get the number one again, this recall will definitely not help."

THE COMPANY SAYS THERE HAVEN'T BEEN ANY ACCIDENTS OR INJURIES DUE TO THE CURRENT GLITCH. THE RECALL COVERS CARS MANUFACTURED BETWEEN MARCH OF 2009 AND THIS MONTH.

MATT FRIEDMAN. ASSOCIATED PRESS.

AP TELEVISION

FILE: Tokyo, Japan - August 3, 2012

1. Various of Prius models in showroom

12 February 2014

2. Screenshot: Tilt down and zoom in of Toyota's website to check recalled vehicles

Frankfurt - 12 Feb 2014

3. SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

FILE: Tokyo, Japan - August 3, 2012

4. Medium of Prius in showroom

FILE -- EXACT DATE AND LOCATION UNKNOWN

5. Various of exteriors of Toyota dealership exteriors

6. Technician working gas and brake pedals of vehicle

Frankfurt - 12 Feb 2014

7. SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

FILE: Nagoya, Japan - February 4, 2009

8. Wide exterior of Toyota headquarters building

9. Close of flags outside Toyota HQ

FILE -- EXACT DATE AND LOCATION UNKNOWN

10. Various of Prius' at dealership

FOR CLEAN VERSION SEE STORY NUMBER: apus005419

VOICE-OVER SCRIPT:

TOYOTA IS RECALLING NEARLY TWO-MILLION CARS.

THE JAPANESE AUTOMAKER SAYS A SOFTWARE GLITCH COULD CAUSE PRIUS HYBRIDS TO STALL.

THE NOTICE AFFECTS 713-THOUSAND VEHICLES IN NORTH AMERICA.

SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

"Toyota is a forerunner in terms of taking the same products into different cars. And therefore, if they have a problem, it always affects a lot of cars. Every car manufacturer has recalls from time to time, but Toyota tends to have big recalls and big recalls are big problems."

WHILE THIS RECALL INVOLVES A LARGE NUMBER OF VEHICLES--IT'S DWARFED BY THE MORE THAN 14-MILLION TOYOTAS RECALLED STARTING IN 2009. THOSE PROBLEMS INCLUDED FLOOR MATS, GAS PEDALS AND BRAKES.

SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

"It's a tight race, Volkswagen wants to be the number one as well, GM (General Motors) wants to get the number one again, this recall will definitely not help."

THE COMPANY SAYS THERE HAVEN'T BEEN ANY ACCIDENTS OR INJURIES DUE TO THE CURRENT GLITCH. THE RECALL COVERS CARS MANUFACTURED BETWEEN MARCH OF 2009 AND THIS MONTH.

MATT FRIEDMAN. ASSOCIATED PRESS.

AP TELEVISION

FILE: Tokyo, Japan - August 3, 2012

1. Various of Prius models in showroom

12 February 2014

2. Screenshot: Tilt down and zoom in of Toyota's website to check recalled vehicles

Frankfurt - 12 Feb 2014

3. SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

FILE: Tokyo, Japan - August 3, 2012

4. Medium of Prius in showroom

FILE -- EXACT DATE AND LOCATION UNKNOWN

5. Various of exteriors of Toyota dealership exteriors

6. Technician working gas and brake pedals of vehicle

Frankfurt - 12 Feb 2014

7. SOUNDBITE (English) Tim Schuld, Managing Director, Equinet Bank:

FILE: Nagoya, Japan - February 4, 2009

8. Wide exterior of Toyota headquarters building

9. Close of flags outside Toyota HQ

FILE -- EXACT DATE AND LOCATION UNKNOWN

10. Various of Prius' at dealership

Toyota said on Wednesday that it was recalling 1.9 (m) million hybrid Prius cars globally because of a software glitch that could cause the vehicle to stall.

Toyota Motor Corporation said the cars were being recalled because of a problem in the software that controls the hybrid system.

It also said 997-thousand of the affected Prius cars were in Japan, some 713-thousand in North America, and 130-thousand in Europe, with the rest in other regions.

The software could cause transistors to become damaged, causing warnings lights to go off, driving power to be reduced, or the car to stop.

The recalled vehicles were manufactured between March 2009 and February 2014.

No accidents or injuries have been reported related to the problem.

The Japanese automaker suffered massive recalls starting in 2009, affecting more than 14 (m) million vehicles for problems including floor mats, gas pedals and brakes.

AP TELEVISION

12 February 2014

1. Screenshot: Tilt down and zoom in of Toyota's website to check recalled vehicles

FILE: Tokyo, Japan - August 3, 2012

2. Wide of Prius showroom, showing various models of Prius ++AP CANNOT CONFIRM IF THESE ARE THE SAME AS PRIUS MODEL RECALLED++

3. Close of Prius sign

4. Mid of Prius PHV ++AP CAN CONFIRM THIS MODEL HAS NOT BEEN RECALLED++

5. Close of Prius Alpha ++AP CAN CONFIRM THIS MODEL HAS NOT BEEN RECALLED++

6. Mid of boy in driving seat of car

FILE: Nagoya, Japan - February 4, 2009

3. Wide exterior of Toyota headquarters building

4. Close of flags outside Toyota HQ

SOUTH KOREA MOTOR SHOW

SOURCE: AP TECHNOLOGY

RESTRICTIONS: TECHNOLOGY CLIENTS ONLY

LENGTH: 5:05

SHOTLIST:

AP Television

Busan, South Korea - 2 June, 2016

1. Pan right and pull of Kia's K7 Hybrid Electric Vehicle (HEV) driving onto the stage for its world premiere

2. Pan from the bonnet of K5 Plug-in Hybrid Electric Vehicle (PHEV) to the body

3. Wide of K7 HEV and K5 PHEV

4. Wide of K5 PHEV on the stage

5. Close Tilt down from 'KIA' emblem on K5 PHEV to 'K5 Plug-in hybrid'

6. Rear side view of K5 PHEV

7. Close of 'ECO plug-in' sign on K5 PHEV

8. SOUNDBITE: (Korean) Seo Bowon, Director of Domestic Marketing Group of Kia Motors Corporation:

"Compared to hybrid cars, (K5 PHEV) has a financial benefit (of saving) about five million Won (USD 4,200) when driving for three years. Compare to general petrol cars, you can enjoy saving about 8.5 million Won (USD 7,157) over three years. So I think (K5 PHEV) is the model which has a dominant position in the economic side and reaches its peak in the technical side of a medium sized sedan."

9. Wide of Autonomous Vehicle Soul Electric Vehicle (EV) which is based on the first Korean electric car self-driving to the stage

10. Close of empty diver's seat of Autonomous Vehicle Soul EV

11. Wide of Autonomous Vehicle Soul EV arriving to the stage

12. Pan right of Senior Vice President of Electronics Technology Centre of Hyundai Motor Group Park Dong-il getting out of Autonomous Vehicle Soul EV and walking to the stage

13. Wide of Park presenting 'Improved ADAS (Advanced Driver Assistance Sysyems)' which includes Highway driving information system, Remote smart control system and Anti-collision system

14. SOUNDBITE: (Korean) Park Dong-il, Senior Vice President of Electronics Technology Centre of Hyundai-Kia Motor Group:

"What Kia pursues is putting safety first and then increasing the rate of automation by improving the ADAS. ADAS is the system that analyzes the driving conditions optimally by considering not only the driver's safety but also the passenger and other vehicles and assists driving when the driver needs. (Kia) pursues the technical development which never gives up the driving pleasure. "

15. Wide of Toyota's first mass production type of hydrogen Fuel Cell Vehicle (FCV) Mirai being unveiled to the press, which is a Korean premier

16. Close of 'Mirai' sign on the front of Mirai FCV

17. Mid of Mirai FCV on the stage

18. Wide of Mirai FCV on the stage

19. Wide of CEO of Korea Toyota Motor Yoshida Akihisa with Mirai FCV on the stage

20. Front three quarters view of Mirai FCV

21. Close of 'FUELCELL' on Mirai FCV

22. SOUNDBITE: (Korean) Kang Dae Hwan, Director of Korea Toyota operation:

"Through applying the Fuel Cell (FC) system that is combined of the hybrid technology and the fuel cell technology, which consists of new Toyota FC stacks and high-pressure hydrogen tanks that Toyota has self-developed, the energy efficiency is very high compared to the existing internal combustion engine. Also (Mirai FCV) realises remarkably environmentally friendly (driving) that does not emit carbon dioxide or environmental pollutants, and it can run for 650 kilometres on three minutes of hydrogen refuelling."

23. Wide of Genesis's second model of large sedan G80 and G80 Sport being disclosed to the press which is a world premiere

24. Pan from G80 to G80 Sport on the stage

25. Wide of executive director of Genesis strategy Manfred Fitzgerald and Head of Genesis design Luc Donckerwolke presenting on the stage

26. Tilt up from the front of G80 to the body

27. Front three quarters of G80

28. Pan right from the front of G80 to the body

29. Close of the driver's seat of G80

30. Various details inside G80

31. Rear view of G80

32. SOUNDBITE: (English) Manfred Fitzgerald, executive director of Genesis strategy

"It's not only about products. Obviously, that is the core of our activities making fascinating products. So the G series, as you have just mentioned, we are starting with the G90, today you have now the premiere of the G80 and there will be also following as you might know the G70 and other vehicles and we have a very, very clear target and focus on entering into this luxury market and being a true competitor at there."

33. Close of Genesis emblem on G80 Sport

34. G80 Sport on the stage

35. Front of G80 Sport

36. Close of 'G80 Sport' badge on the back of G80 Sport

37. Pan right from the back to the side of G80 Sport

38. Various of Genesis exhibition hall

39. Mid of Mini Convertible at Mini cooper exhibition hall

40. Wide of Busan motor exhibition hall

LEADIN:

Hybrid and electric cars are now more popular than diesel variants, at the 2016 Busan Motor Show in South Korea.

25 different brands are displaying more than 230 of the latest models, including South Korea's first electric based autonomous car.

STORYLINE

Future Wave, Inspiring Technology is the theme at this year's Busan Motor Show.

Car makers at this year's event in South Korea have embraced the challenge, and are showing off their future-oriented, high-performance, eco-friendly cars.

Kia, one of South Korea's top car makers, is introducing the K5 PHEV – its first plug-in hybrid attracting commuters with impressive fuel economy figures.

"Compared to hybrid cars, (K5 PHEV) has a financial benefit (of saving) about five million won (USD 4,200) when driving for three years. Compare to general petrol cars, you can enjoy saving about 8.5 million won (USD 7,157) over three years. So I think (K5 PHEV) is the model which has a dominant position in the economic side and reaches its peak in the technical side of medium sized sedan," says Seo Bowon, Director of Domestic Marketing Group of Kia Motors Coporation.

The K5 PHEV is equipped with 9.8kWh mass storage battery, 50kW motor and 2.0 GDI engine, and it can run in either electric or hybrid mode.

A fully-charged K5 PHEV can drive up to 44 km (27.3 miles) in the electric drive mode. Since city commuters drive 30 to 40km one-way on average, drivers of K5 PHEV can commute by charging it twice a day on average.

Getting a step closer to achieving the industry objective of making completely driverless roads, Kia is also showcasing a fully autonomous car Soul EV, South Korea's first electric based autonomous car.

"What Kia pursues is that putting safety first and then increasing the rate of automation by improving the ADAS. ADAS is the system that analyzes the driving conditions optimally by considering not only the driver's safety but also the passenger and other vehicle's and assists driving when the driver needs. (Kia) pursues the technical development which never gives up the driving pleasure," says Park Dong-il, SeniorVice President of Electronics Technology Centre of Hyundai-Kia Motors Group.

Besides electric cars, there's also a hydrogen-fuelled car presented as a futuristic green vehicle at the exhibition.

Toyota introduces Mirai in South Korea for the first time. Equipped with a motor that runs by electricity generated from a reaction of hydrogen and oxygen in air, Mirai features its strength of no emission of green-house gases and environmental pollution.

"Through applying the Fuel Cell(FC) system that is combined of the hybrid technology and the fuel cell technology which consists of new Toyota FC stacks and high-pressure hydrogen tanks that Toyota has self-developed, the energy efficiency is very high compared to the existing internal combustion engine. Also (Mirai FCV) realises remarkable environment friendly that does not emit carbon dioxide or environmental pollutant and it can run for 650 kilometres by three minutes of hydrogen refueling," says Kang Dae Hwan, Director of Korea Toyota operation.

With the slogan "From Smart Hyrid to Smart Future," Toyota is displaying eight eco-friendly models including Mirai, Toyota i-Road, 4th Generation Prius and RAV4 Hybrid.

Among the eight cars that are introduced to the industry for the first time at the 2016 Busan Motor Show, is Hyundai's premium brand Genesis's G80 and G80.

This is Genesis's second model since the brand was launched. The G80 is a face-lift model of Hyundai's Genesis sedan (a luxury sedan model of Hyundai that has been selling under the brand Hyundai before the company launched an independent premium brand Genesis).

G80 maintains the majority of the design of the Genesis model but is added with more volume and luxury.

Equipped with an improved 3.3 litre/3.8 litre petrol engine and eight-speed transmission, G80 features driving capacity and fuel efficiency that are raised to a higher level compared to the exisitng Genesis model.

"It's not only about products. Obviously, that is the core of our activities making fascinating products.So the G series, as you have just mentioned, we are starting with the G90, today you have now the premiere of G80 and there will be also following as you might know G70 and other vehicle and we have a very, very clear target and focus on entering into this luxury market and being a true competitor at there," says Manfred Fitzgerald, Executive director of Genesis strategy.

Genesis plans to throw a hat in the luxury car market with G80 and compete with luxury sedans such as the BMW 5 Series and Mercedes-Benz E class.

The 2016 Busan Motor Show opens to the public 3-12 June.

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