Toyota has been through a lot in the past few weeks. Aside from sluggish sales, the company plans to recall 3.8 million vehicles in the US and also is dealing with anothe PR nightmare, a former Toyota attorney who claims the automaker destroyed evidence in rollover injury lawsuits.
Toyota Chief Offers Profusion of Excuses(NYT) TOKYO -- Akio Toyoda, president of Toyota, the world's biggest automaker, might as well have thrown himself on the ground in a tearful kowtow.
From grief over a fatal crash linked to Toyota floor mats to regrets over the company's forecast for a second consecutive annual loss, the executive spewed a litany of apologies to astonished reporters gathered for a briefing Friday at the Japan National Press Club.
Read more on Toyota.
Leave a comment