Reason for recall: Oil may accumulate in the turbo charger and in certain circumstances flow into the combustion chamber. This may cause engine damage. In extreme cases oil can be ejected from the engine and if it comes in contact with an ignition source may result in a fire.
When was it announced?
Jan 7, 2015
What action are Toyota taking?
Depending vehicle diagnosis modify intercooler layout to improve air flow; upgrade ECU software; upgrade turbo charger and/or vacuum pump
Does this affect your Yaris?
This issue affects Auris Yaris Urban Cruiser IQ and Corolla, this particular recall is for the Yaris.