Another document released to Congress describes the Obama administration as "not industry friendly." Apparently, the upcoming hearings will deliver theatrics - if not substance.
Monday, February 22, 2010
More Toyota: Internal Document Trumpets Savings Made After Avoiding Earlier Safety Recall
An internal memorandum released to Congress by Toyota reveals that the automaker saved $100 million in after it persuaded federal regulators to end a 2007 investigation into sudden acceleration in Toyota vehicles. This year, however, Toyota has recalled over 8 million vehicles worldwide due to dangerous problems with sudden acceleration.