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Daihatsu to recall 24,459 cars due to motor defect

TOKYO, July 29 (Reuters) - Daihatsu Motor Co , Japan's second-largest minivehicle maker, said on Tuesday it would recall 24,459 Mira minicars due to a defect in the motor which, in the worst scenario, could cause engine failure.

There have been no reports of accidents, the unit of Toyota Motor Corp said.

Four versions of the 660cc Mira cars manufactured between December 2002 and March 2003 are being recalled. A Daihatsu spokesman said the recall would cost about 342.4 million yen ($2.87 million).

Daihatsu said it had found four cases in which a screw in the motor's built-in computer was not fastened properly, causing it to fall off and lead to a short circuit.

Daihatsu's shares were down 0.71 percent at 419 yen in late afternoon trade, while the Nikkei 225 share average was flat. ($1=119.46 Yen)