Top Toyota executive apologises to US Congress
by Magdalena Rosova
Toyota's top US executive James Lentz denied Tuesday the accuses that electronic flaws in the Toyota's vehicles caused deaths to its drivers but he apologized for the slow response and not sufficient dealing with the safety problems. James Lentz said that in spite of all their good faith efforts the company was simply not able to deal with the safety problems very fast. The first hearing on Toyota's recall of millions of vehicles was opened in Congress. The company is blamed for about 30 deaths of American citizens. The Japanese automaker is further accused of misleading the public and accuses also say that Toyota had failed in adequate investigations of the serious d! efects in various of its models. The safety problems involved sudden acceleration problems and Lentz admitted that the company made mistake in handling of two causes sudden acceleration. He said that Toyota acknowledged those mistakes, apologized and had learned from them. Lentz further said that problems with acceleration were not tied to defects in electronic throttle systems. Toyota president Akio Toyodawill come to hearing on Wednesday and promised that his company will do “much better” on safety. For Wall Street Journal he wrote that as all Toyota vehicles bear his name, every time a car was damaged it was as if it was him as well. Toyota, which became the world's top automaker over General Motors, is now fighting to keep its position and reputation for high quality, safety and reliability. The company also faces lawsuits in US which can cost it billions of dollars.
related story (sgx16578): http://www.politicsdaily.com/2010/02/23/update-toyota-execut...
| by Magdalena Rosova for SigEx Ventures (http://sigexventures.com) |
SigEx Ventures's matrix of properties are quickly becoming leaders in digital telebroadcasting, free content delivery allowing people to easily talk, view, upload and share through free online TV broadcasting, free unlimited global calls, video blogs and SMS. SigEx Ventures invests in projects deploying "free" to add-on royalty revenue models
posted by Blog TechSource @ 11:43 PM
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