News / Asia

Toyota President Apologizes for Global Recalls

Toyota's top executive, president and CEO Akio Toyoda
Toyota's top executive, president and CEO Akio Toyoda

Multimedia

Robert Raffaele

The president of the Japanese automaker Toyota has apologized for the company's global recall of millions of vehicles due to safety issues.  Akio Toyoda  is the grandson of Toyota's founder.

Toyota's top executive, president and CEO Akio Toyoda, offered this apology to millions of Toyota drivers Friday.

"I apologize from the bottom of my heart for all the concerns that we have given to so many customers in so many countries," said Akio Toyoda.

Toyota is recalling eight million vehicles worldwide, including the Camry and Corolla sedans, due to the accelerator getting stuck to a loose floor mat, or a design flaw in the accelerator mechanism. The automaker is also facing a recall of 270,000 Prius hybrid gasoline-electric powered sedans in Japan and the United States, due to a flaw in the car's anti-lock braking system.

Toyoda stressed his company does not take the safety issues lightly.

"The people, people who drive Toyota, who care about Toyota, I'm a little bit worried about while they are driving, they feel a little bit cautious," he said. "But believe me, Toyota's car is safety."

Toyoda said his company is moving swiftly on the global recalls involving 4.5 million vehicles for sticking gas pedals, about half of them in the U.S.

He said dealers are scrambling to make repairs on the gas pedals that need a new steel part to prevent sticking.

Until now, the CEO had been largely silent about the controversy, drawing criticism from public relations experts and analysts.

Toyota says it fixed the braking problems on Prius cars shipped since last month and is deciding what to do about models sold before then.  

The automaker estimates the recalls will cost the company $2 billion in the current fiscal year ending March 31.
 
The problems have shaken confidence of investors and consumers in the Japanese auto giant.

Toyota's stock price has slumped 22 percent in recent weeks, wiping out billions of dollars from its market value.

You May Like

Obama: I Will Do 'Everything I Can' to Close Guantanamo

US president says prison continues 'to inspire jihadists and extremists around the world' More

Sierra Leone Educates on Safe Ebola Burials

Also, country is improving at rapid response to isolated outbreaks, but health workers need to be even faster, officials say More

Christmas Gains Popularity in Vietnam

Increasingly wealthy Vietnamese embrace holiday due to its non-religious glamor, commercial appeal More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
US Decision on Cuba Underscores Divisions Among Miami Cubansi
X
Sharon Behn
December 19, 2014 9:34 PM
For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video US Decision on Cuba Underscores Divisions Among Miami Cubans

For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video Three Cities Bid for Future Obama Presidential Library

President Barack Obama still has two years left in his term in office, but the effort to establish his post-presidential library is already underway. The bid for the Obama Presidential Library is down to four locations in three states -- New York, Hawaii, and Illinois. As VOA’s Kane Farabaugh reports, each of them played an important part in the president’s life before he reached the White House.
Video

Video Cuba Deal is Major Victory for Pope’s Diplomatic Initiatives

Pope Francis played a key role in brokering the US-Cuba deal that was made public earlier this week. It is the most stunning success so far in a series of peacemaking efforts by the pontiff. VOA religion reporter Jerome Socolovsky has more.
Video

Video Fears of More Political Gridlock in 2015

2014 proved to be a difficult year politically for President Barack Obama and a very good year for the U.S. Republican Party. Republican gains in the November midterm elections gave them control of the Senate and House of Representatives for the next two years -- setting the stage for more confrontation and gridlock in the final two years of the Obama presidency. VOA National Correspondent Jim Malone has a preview from Washington.
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.

All About America

AppleAndroid