The recalls cover 27 Toyota (TM) models -- including Camry, Corolla, Matrix and Highlander -- the Pontiac Vibe and the Subaru Trezia. Some of the vehicles were made as early as 2004.
Toyota plans to inspect and, if necessary, replace parts including seat rails, steering column brackets, engine starters, windshield wiper motors and air bag cables, the company said in a statement.
The announcement affects around 2 million vehicles in North America, which may be experiencing problems with an air bag cable and seat rails.
"Toyota is not aware of any crashes, injuries or fatalities caused by these conditions," the company said.
Shares in Toyota fell as much as 4.9% Wednesday before closing 3% down in Tokyo. The stock has tumbled more than 15% so far this year.
The world's biggest automaker sold nearly 10 million vehicles last year.
This is its second major global recall of 2014, and the latest in a series of quality control headaches.
In February, Toyota recalled 2.1 million Prius, RAV4, Tacoma and Lexus vehicles, because of a software problem that could cause the cars to stop suddenly.
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