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Is greed to blame for Toyota’s recall problems?


Posted on Feb 27, 2010

The news about Toyota’s recall woes continues to flow, and it isn’t good.  Now, the former head of Toyota’s United States operations has issued a statement about the company’s troubles.  Jim Press worked for Toyota for about 37 years, leaving to work for Chrysler.

 

Press, who is also the only non-Japanese individual to ever sit on Toyota’s board of directors, blamed the company’s recall troubles on “financially oriented pirates” who took over the company years ago.

 

Toyota has issued a number of recalls in recent months that affect over eight million vehicles worldwide.  Front and center in the public’s attention are allegations that some affected vehicles could accelerate unexpectedly, leading to accidents, injuries or vehicle fatalities.

 

The statement issued by Press is damning.  He stated that the root cause of Toyota’s problems is that “the company was hijacked, some years ago, by anti-family, financially oriented pirates.  They did not have the character necessary to maintain a customer first focus.”

 

Press went on to add that Akio Toyoda, the current CEO of Toyota, is “not only up for the job” but is “the only person who can save Toyota”. 

 

There is a long road ahead for Toyota, as the number of crash deaths attributed to the floor mat and accelerator pedal recalls continues to grow, and lawsuits continue to be filed against the auto giant.

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