At what point was Press fudging the facts? It's possible he was stretching the truth with Toyota and then with Chrysler.
(AUTOMOTIVE NEWS) Chrysler LLC co-President Jim Press has a PR problem--and so does his former employer, Toyota Motor Corp.
In an interview published Thursday, March 24, Press told BusinessWeek that the Japanese government “paid for 100 percent of the development of the battery and hybrid system that went into the Toyota Prius.”
On March 14, 2007--when he was still Toyota’s top U.S. executive--Press told something else to a subcommittee of the U.S. House Energy and Commerce committee. U.S. Rep. Michael Burgess, R-Texas, questioned Press about the seven years of r&d that went into Toyota’s hybrid technology:
Read the full story.
Leave a comment