Friday, February 5, 2010

Akio Toyoda Apologized

The recent tremor in Toyota made its President Akio Toyoda pologized.  He is the grandson of the Toyota’s founder.  He is 53 years old.

The government of Japan is already helping in the damage control by ordering an investigation. 

The recall was annouced to reach 2.3 million U.S. vehicles on Jan. 21 to repair defects linked to unintended acceleration.   It has been estimated almost $34 billion loss in market value as the recall has grown to almost 8 million units worldwide.  This ain’t funny and it will surely be very painful.

[Via http://fyi09.wordpress.com]

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