Two problems related to automatic transmission torque converter have been reported for the 2007 Toyota Camry. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2007 Toyota Camry based on all problems reported for the 2007 Camry.
The flexplate shredded from the mounting to the engine and torque converter clutch. The problem was noticed while it was at the Toyota service garage. It all fell apart as they were dismantling it. This would have caused a serious accident if I was driving down the highway causing the power train to seize up and discharge flying metal.
I purchased a 2007 Camry le in late April. From the day I took delivery, there appeared to be a problem with acceleration; there were dead spots. That led to long 3 to 5 seconds lag times before the car would respond when pressing down on the accelerator. Also, the transmission shifted into overdrive when a steady acceleration was all that was needed. I finally took it to the dealer today; I thought that I would allow a 'break-in' period to see if the problem resolved itself. The moment that I began to describe the problem, I was stopped and asked if it was a 2007 Camry le. An affirmative response brought an answer that there is nothing that they can do; it had been reported to Toyota. Apparently to deflect what must have looked like rising anger, I was told that the service manger's daughter has the same problem. A call to Toyota of America brought a response that the vehicle is operating as it was designed (so, I guess it was designed to stall when making a right or left turn, changing lanes on the interstate, trying to go forward, etc). My anger is 1) that they sold me a defective car, 2) that they know it is a factory defect but choose not to fix the problem (I can't believe that they are still 'thinking' about a solution), and 3) that I wasn't notified of this rather major defect (and why is Toyota allowed to continue to sell these cars without the caveat that there is a factory defect that has not been repaired and Toyota has no plans to provide a repair)? I have looked at over a dozen web sights where members have complained, but I have not seen a mention of the reason for the problem or a solution of what to do. Someone is going to be killed by this erratic behavior.