NEW YORK ( TheStreet) -- Toyota ( TM) has suffered yet another blow to its already fragile reputation with the announcement of engine problems potentially affecting hundreds of thousands of Lexus cars worldwide.

A day after announcing a year-on-year improvement in June sales, Toyota announced on Friday a recall of about 138,000 Lexus vehicles in the U.S. It's also recalling 90,000 Lexus and Toyota Crown vehicles in Japan.

According to a U.S. Toyota spokesman, appropriate action will also be taken in other markets due to the engine problems, including:
  • China: 5,800 vehicles
  • Korea: 3,700 vehicles
  • Taiwan: 3,000 vehicles
  • Europe: 15,000 vehicles
  • The Middle East: 9,700 vehicles
  • Canada and Hawaii: 4,000 vehicles
  • The problem, Toyota says, lies in engine valve springs being contaminated by foreign material, which could result in abnormal noise or idling in the engine. "In extremely rare instances, the engine may stop while the vehicle is in operation," the company said in a statement. "Lexus estimates that the likelihood of a customer vehicle experiencing this condition is two-tenths of 1%." No accidents in connection with this problem have been reported yet.

    Please read on to view the models that have been recalled in the U.S....

    GS 350

    Model Years Affected: 2007-2008

    Base Price (Source -- Edmunds.com):

    2008 Lexus GS 350: $31,873 - $33,262

    2007 Lexus GS 350: $25,877 - $27,002

    GS 450h

    Model Years Affected: 2007-2008

    Base Price (Source -- Edmunds.com):

    2008 Lexus GS 450h: $39,510

    2007 Lexus GS 450h: $32,885

    GS 460

    Model Years Affected: 2008

    Base Price (Source -- Edmunds.com):

    2008 Lexus GS 460: $37,478

    IS 350

    Model Years Affected: 2006-2008

    Base Price (Source -- Edmunds.com):

    2008 Lexus IS 350: $28,135

    2007 Lexus IS 350: $22,732

    2006 Lexus IS 350: $21,401

    LS 460

    Model Years Affected: 2007-2008

    Base Price (Source -- Edmunds.com):

    2008 Lexus LS 460: $44,279

    2007 Lexus LS 460: $37,217

    LS 460 L

    Model Years Affected: 2007-2008

    Base Price (Source -- Edmunds.com):

    2008 Lexus LS 460 L: $49,977

    2007 Lexus LS 460 L: $43,247

    LS 600h L

    Model Years Affected: 2008

    Base Price (Source -- Edmunds.com):

    2008 Lexus LS 600h L: $66,106

    -- Reported by Andrea Tse in New York

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