Browsing the archives for the CEO tag

Toyota CEO “I am Deeply Sorry”

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National News

Can you believe this one? It is estimated that the Toyota recall has risen to nine million vehicles world-wide, WOW! The once known for quality automobile maker is now struggling to save any resemblance of that label. Akio Toyoda, grandson of the founder was interviewed by the Japanese   network NHT as he was coming out of his hotel in Davos Switzerland and he apologized to their customers for this huge problem. After the interview he was seen leaving in a black Audi, which is always the case it seems isn’t it?

The issue now is that Toyota is getting back press from both customers and dealers for them not getting parts to those dealers so that they can fix the cars that customers are flooding the dealerships with. I imagine that is creating quite a problem for everyone! Toyota wants to get them to the factory that makes the gas pedal systems so that they can get new cars off the line with the safe pedal systems and then I guess get the parts to the dealers.

The company is awaiting federal government approval of a redesigned accelerator pedal that is being produced by its supplier, CTS, and has already been shipped to some of its factories, according to CTS.

I can also imagine that for Toyota it is an extremely complex issue to solve not to mention a costly one! For those of you who own the vehicles in question please be careful out there!!