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

India PM Modi's party distances itself from religious conversions

BJP under fire for being slow to rein in hardline affiliate groups allegedly trying to promote a Hindu-dominant agenda by luring Muslims and Christians to convert to Hinduism More

Anti-Whaling Group Found in Contempt of Court

Radical environmentalists who threw acid and smoke bombs at Japanese whalers in the waters off Antarctica continue their campaign to disrupt Japan's annual whale hunt More

UN's Ban Urges End to Discrimination Against Ebola Workers

Ban was speaking in Guinea on the second day of a whistle-stop tour aimed at thanking healthcare workers of the countries at the heart of the epidemic 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.
Sudan School Becomes Target of Aerial Attacksi
X
December 19, 2014 12:45 AM
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 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 Putin Says Russian Economy Will Emerge Stronger

Russian President Vladimir Putin has said his country's sinking economy will not only recover but also become stronger, despite falling oil prices and Western sanctions over Ukraine. VOA's Daniel Schearf reports.
Video

Video Detained Turkish Journalists Follow Teachings of US-Based Preacher

The Turkish government’s jailing of critical journalists has sparked international condemnation and is being seen as an effort to undermine the followers of an ailing Turkish preacher based in the United States. VOA religion reporter Jerome Socolovsky has more.
Video

Video ‘Anti-Islamization’ Marches Increase Tensions In Germany

Anti-immigrant rallies in Germany have been building in recent weeks, peaking Monday night in the city of Dresden where tens of thousands of people turned out to demonstrate against what they call the ‘Islamization’ of the West. Germany has offered asylum to more Syrian refugees than any other country, and this appears to have set off the protests. Henry Ridgwell reports from London.
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.
Video

Video Refugees Living in Kenya Long for Peace in the Home Countries

Kenya is host to numerous refugees seeking safe haven from conflict. Immigrants from Somalia face challenges in their new lives in Kenya. Ahead of International Migrants Day (December 18) Lenny Ruvaga has more for VOA News from the Kenyan capital.

All About America

AppleAndroid