Toyota Motor Corp is likely to announce the plans to fix the millions of vehicles on Monday in the US. The recall of more than 2.4 million cars in the United States was due to a defect that could cause accelerator pedals to stick, leading to unintended acceleration.

The company's sales division in the US, Toyota Motor Sales U. S. A announced that it will issue a news release at 6:30 a. m. EST and then arrange a conference call for media at 11:00 a. m. EST. Toyota is trying to clear itself from one of the worst public relations crisis. President Akio Toyoda has apologized for the recall and defects.

The company had to stop sales of eight recalled models in North America including top-selling Camry, until the models are fixed. There is also a plan to suspend production in the country for a week and the company is not sure if the production can resume next week.

"We have reviewed our plan with NHTSA and are finalising details, which we will announce soon," the company said on its website. The automaker is also recalling vehicles in China and eight models in Europe, including Corolla and Avensis cars.

Toyota became the largest automaker in the World after it overtook General Motors Co about two years ago and is known for top quality and reliability in its vehicles.

Analysts believe that if Toyota is able to begin replacing or fixing the faulty vehicles this week it could limit losses to a four-week sales shutdown. The company along with its supplier CTS Corp has found out a way to fix the problem, it involves a spacer that will be placed in the accelerator to keep it from sticking.

The US transportation department has not objected to the plan as its National Highway Traffic Safety Administration, which oversees recalls usually does not formally approve specific remedies.

Toyota started a media campaign on Sunday with full-page ads in major newspapers to convey to the consumers about the recall and production shutdown. The president of Toyota Motor Sales U. S. A, Jim Lentz will also appear on a Television show.

To address the demands for an official apology from the company, top executives from Toyota headquarters were preparing to address media in Japan soon.

The shares of the company were trading down 1.7 percent at 3,430 yen on Monday afternoon. Its performance was better than that of other Japanese automakers such as Honda Motor Co and Nissan Motor, whose stocks declined 3.8 percent and 2.2 percent, respectively.