How Toyota is saving the American auto industry
Posted on Friday 29 January 2010 at 08:50 am in category: USA
In the past week 2 people read this, in the past month 11 people read this.

On January 21st, Toyota announced a massive recall of vehicles in the US, Europe and China, because of a sticky accelerator pedal. Although there is a very small amount of cars in which this might actually happen, Toyota has taken its responsibility, and offers to fix 2.3 million cars in the USA alone.
The American public has seen Toyota outselling the big American automakers in the last couple of years, and the media couldn't wait to jump on this news. In the past week, I have not been able to turn on the radio in my (American) car, and hear some kind of report on the dangerous faulty gas pedal in Toyotas. Toyota's stock has taken a little bit of a plunge, although probably not as big as a lot of people would have hoped. Finally, the press has found something bad to report on a Japanese auto maker.