2011 Toyota Venza powertrain & transmission recall

Yes, 1: 11V306 – Toyota is recalling certain model year 2011 Venza and Sienna passenger cars manufactured from march 7, through march 10, 2011.

Yes. Safety recall repairs are free at any authorized dealer under federal law, including parts and labor. (Vehicles more than 15 years old when the recall was announced can be excluded, but most manufacturers still fix them.)