Boss says Toyota ‘grew too fast’

Posted by admin on Feb 23rd, 2010 and filed under Top Stories. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Boss says Toyota ‘grew too fast’ I, more than anyone, wish for Toyota's cars to be safe, and for our customers to feel safe when they use our vehicles Akio Toyoda, Toyota president The boss of Toyota has admitted that the firm's rapid expansion may have led to safety issues which saw the recall of 8.5 million vehicles worldwide.In a personal statement to be delivered to US congress on Wednesday, Toyota president Akio Toyoda said the firm's growth "may have been too quick". He added that "priorities became confused" as the carmaker grew. The reputation of Toyota has been severely damaged by a string of major problems across a range of vehicles. The main issues have been faulty accelerator pedals, accelerator pedals getting stuck in floor mats, and a problem with braking systems on its hybrid models. Personal apologyMr Toyoda, the grandson of the company's founder, said that he took a personal responsibility for improving the quality of Toyota cars. "All the Toyota vehicles bear my name.[Read more...]

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