Toyota to Pay Big Bucks for Recall

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By
Muhammed El-Hasan
on October 21, 2009 9:28 AM | | Comments (0) |

The cost in bad PR is probably higher than the actual price tag for fixing the gas pedals.


Toyota may spend $440 million on U.S. recall: media

Tokyo (Reuters) - Toyota Motor Corp may need to spend about 40 billion yen ($440 million) to fix the accelerator pedals on 3.8 million cars being recalled in the United States, the Tokyo Shimbun newspaper reported on Wednesday.

Read more on Toyota's recall.

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This page contains a single entry by Muhammed El-Hasan published on October 21, 2009 9:28 AM.

Toyota 'Stalks' Woman, Who Sues was the previous entry in this blog.

Air Force Launches Technology Review is the next entry in this blog.

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Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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