The world’s largest automaker is attempting to fix its cars and its reputation.
In Tokyo today, the company announced its latest recall — more than 400,000 Prius and other hybrid vehicles worldwide — bringing the total recalls to 8.5 million.
The announcement was accompanied by a new apology by Toyota’s chairman, who said the company will face up to the facts and correct the brake problem — putting customers’ safety first.
For more, Daljit Dhaliwal interview Roben Farzad, a senior writer at Bloomberg Business Week. He talks about who might benefit from Toyota’s troubles– including Hyundai and Ford.
What do you think about Toyota’s response to the problems with its cars?
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