Toyota’s President Takes ‘Full Responsibility’, But The Problems Don’t End There (New York Times)

WASHINGTON — Toyota’s elusive president goes before a House committee on Wednesday, one day after the company’s highest ranking American executive came under blistering criticism for its response to problems with sudden unintended acceleration in its cars.

The president of Toyota, Akio Toyoda, will take “full responsibility” when he appears before the House Committee on Oversight and Government Reform, and, in his prepared statement, will assure lawmakers that the carmaker is moving to fix the problems and regain the trust of consumers.

“My name is on every car,” Mr. Toyoda said in the statement. “You have my personal commitment that Toyota will work vigorously and unceasingly to restore the trust of our customers.”

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Posted by Man In The Middle on Feb 24th, 2010 and filed under Big Business/Wall Street, Family, Latest News, News, Politics, Your Family Car. You can follow any responses to this entry through the RSS 2.0. You can leave a response by filling following comment form or trackback to this entry from your site

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