http://coollimerickpoems.com/2010/02/02/investing/toyota-hits-the-brakes/ Original Limerick poems about real events, real life and real people. Sat, 26 Jun 2010 18:50:53 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://coollimerickpoems.com/2010/02/02/investing/toyota-hits-the-brakes/comment-page-1/#comment-155 mrlim Wed, 10 Feb 2010 03:12:05 +0000 http://coollimerickpoems.com/?p=682#comment-155 You're right. After more reading it's clear Toyota bungled this one (so did I). I made the same mistake with Tiger ...I thought he was getting milk for the baby ;-). I remember when Japanese execs would humble themselves before employees and stockholders when they made a mistake. I think they're getting Americanized...i.e. deny all knowledge and screw 'em all until we can't get away with it any longer. It's one of our most popular exports. You’re right. After more reading it’s clear Toyota bungled this one (so did I). I made the same mistake with Tiger …I thought he was getting milk for the baby . I remember when Japanese execs would humble themselves before employees and stockholders when they made a mistake. I think they’re getting Americanized…i.e. deny all knowledge and screw ‘em all until we can’t get away with it any longer. It’s one of our most popular exports.

]]> http://coollimerickpoems.com/2010/02/02/investing/toyota-hits-the-brakes/comment-page-1/#comment-154 Dave Tue, 09 Feb 2010 22:30:08 +0000 http://coollimerickpoems.com/?p=682#comment-154 Toyota's recall of the brake pedals was ALSO forced by the government, according to a government statement denying that Toyota took this action voluntarily! Toyota’s recall of the brake pedals was ALSO forced by the government, according to a government statement denying that Toyota took this action voluntarily!

]]> http://coollimerickpoems.com/2010/02/02/investing/toyota-hits-the-brakes/comment-page-1/#comment-153 Dave Tue, 09 Feb 2010 22:28:26 +0000 http://coollimerickpoems.com/?p=682#comment-153 NO excuses? They were first notified of problems in 2007. They kept blaming it on "driver error for pressing the wrong pedal". Then they blamed it on incorrectly installed floormats. They even hired a former employee of the NHTSA and he convinced his former agency to exclude from their investigation any occurrence of sudden acceleration lasting more than 1 or 2 seconds, which delayed at least two recalls for months, if not years, and probably cost several lives and many more injuries! NO excuses? They were first notified of problems in 2007. They kept blaming it on “driver error for pressing the wrong pedal”. Then they blamed it on incorrectly installed floormats. They even hired a former employee of the NHTSA and he convinced his former agency to exclude from their investigation any occurrence of sudden acceleration lasting more than 1 or 2 seconds, which delayed at least two recalls for months, if not years, and probably cost several lives and many more injuries!

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