Toyota CEO cites race to pass GM as problem

From: The Washington Times | February 25, 2010 

Toyota President Akio Toyoda conceded Wednesday his company's race to surpass General Motors as the world's biggest carmaker "may have been too quick" and helped produce the slew of recalls and revelations that have dealt a serious blow to the firm's reputation for safety and quality. In an extraordinary command performance before a packed congressional hearing, Mr. Toyoda, grandson of the company's founder, acknowledged that Toyota's management "pursued growth over the speed at which we were able to develop our people and organization." The hearing by the House Oversight and Government Reform Committee, which also included testimony from Transportation Secretary ...

Email Bookmark and Share

Read More >>



Filed Under The Wire



Content posted by users from other sites is posted for commentary and news purposes under fair use and each author is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or its owner.
Please Note: The comments section is for both the registered users of this web site as well as non-registered users. All wishing to post comments must comply with our Commenting Rules or risk having their comments stricken. Comments do not necessarily reflect the views of the ownership of this site and should not be taken as such just because they are visible and posted here.

Leave a Reply





  • American Conservative Daily is owned and operated by J.J. Jackson, President of Land of the Free Studios, Inc.