Saturday, February 06, 2010

I SHOULDN'T HAVE TO DO THIS BUT...

I'm pretty sure the latest winger conspiracy theory will be around for a while so I'd like to provide a bit of rebuttal to the claim that the U.S. government is making too much of the Toyota recall because it has a financial interest in GM.
Japanese media criticize Toyota chief for response
By MARI YAMAGUCHI, Associated Press Writers
Sat Feb 6, 7:32 am ET

TOKYO – Japanese media sharply criticized Toyota's president Saturday for what they called a delayed and unconvincing explanation for the massive car recall that has sullied the world's biggest automaker, a Japanese corporate icon.

"Words are not enough," the top Nikkei business daily commented in an editorial. "The company's crisis management ability is being subjected to severe scrutiny."

"Utterly too late," the nationwide Asahi newspaper said of Toyota's delayed reaction since the crisis arose Jan. 21 with a global recall of millions of vehicles. "The entire world is watching how Toyota can humbly learn from its series of recent failures and make safe cars."

There is high-level government concern in Japan about Toyota's quality fiasco. Cabinet ministers have expressed alarm and urged the company to move more quickly.

Prime Minister Yukio Hatoyama earlier this month ordered Industry and Trade Minister Masayuki Naoshima to convey the message. Consumer affairs minister Mizuho Fukushima also called Toyota's reaction "too slow." Transport Minister Seiji Maehara, who oversees auto regulation, has urged Toyota to consider a recall for the Prius brake problem.

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