Wednesday, February 3, 2010

Toyota President Avoids Media Amid growing Vehicle Recall


As Toyota Motor Corp.'s recalls extend to at least 7.6 million cars across five continents, President Akio Toyoda's only public comments on the matter have consisted of an impromptu, 75-second interview with a Japanese broadcaster in Davos, Switzerland.

More than a week after the world's largest carmaker said it would recall vehicles in the U.S. to fix defective gas reins linked to unplanned acceleration, Toyoda, 53, still hasn't addressed other media. The grandson of Toyota's organizer has left the task to U.S. sales Chief Jim Lentz and to Executive Vice President Shinichi Sasaki, who is in charge of quality control.

Toyota is a global company, but their way of usage this problem hasn't been up to global standards, said Yasuhiro Matsumoto, a Shinsei Securities Co. analyst in Tokyo. For the top executive to be hidden when there is a fatal trouble for the company gives the impression that he is trying to keep a low profile and hide.

Domestic force on Toyota rose nowadays after the Japanese government said it planned the automaker in August to examine its new Prius hybrid, which has not been piece of the recalls. The carmaker's sales in the U.S. dropped to a 10-year low in January, nearly its stock in Tokyo down 5.7 percent.

Toyota won't comment on Toyoda's position, citing company security policy, according to orator, Ririko Takeuchi. Last week, the carmaker declined to confirm his presence at the World Economic Forum in Davos, where he said in an impulsive NHK television network interview on Jan. 29, "I am deeply sorry that we're giving cause for concern to customers."



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