Toyota chief agrees to testify before Congress,950

Yahoo finance ^ | Thursday February 18, 2010 | By Ken Thomas

[Las Vegas Ron]

WASHINGTON (AP) -- Toyota president Akio Toyoda said Thursday he will testify at a congressional hearing next week about the automaker's massive recalls in the United States, meeting face to face with lawmakers after enduring criticism that he responded too slowly to the company's safety crisis.

[Las Vegas Ron]

This is an AP story on Yahoo Finance, hope it's okay.

Another dog and pony show for Congress to use.

This guy is going to regret this.

[Las Vegas Ron]

This is an AP story on Yahoo Finance, is that okay?

[freekitty]

I don’t think Toyota should do this.

[pray4liberty]

Sounds like the President of Toyota is an honorable man.

He should stay far away from Congress.

[plain talk]

so I guess Obama persuades their President to pressure him to do this? I wish he would have thumbed his nose at them.

[Las Vegas Ron]

Same here, this whole thing smacks of Gubmint motors and UAW dirty tricks.

I was looking for that video of Sheila Jackson Lee saying she would socialize the oil industry, would be a fitting reminder here but I can't find it.

[FlingWingFlyer]

I don’t know why he’d want to speak to that bunch of brainless buffoons but this is America, you can do whatever you want to do.

[Las Vegas Ron]

so I guess Obama persuades their President to pressure him to do this?

Kind of interesting, Japan now holds more of our debt than China, Toyota sales and stock are tanking, this is only going to make it worse.

Toyoda should tell 0bama to stuff it.

[Gator113]

Mr. Toyoda better be phenomenally good or he is going to severely regret this.... the dems want his head.

He is a man of courage or a fool.

[Las Vegas Ron]

I don’t know why he’d want to speak to that bunch of brainless buffoons but this is America

Like the poster up thread wrote, "Toyoda seems like an honorable man"

Toyoday's going to need a long hot shower after he leaves that place!

[pray4liberty]

I don’t know why he’d want to speak to that bunch of brainless buffoons but this is America, you can do whatever you want to do.

I wouldn't use English, if I were him.

[Las Vegas Ron]

He is a man of courage or a fool.

We need to get the video Sheila Jackson Lee with the oil execs before it's too late.

[purpleporter]

I agree with you!! When this thing first brewed, I thought what are the odds that all these negative things happen to TOYOTA not too long after Govt motors and the UAW gains incredible power?

Toyota was incredible in reliability and craftsmanship and NOW they start having problems??

Please.

[pray4liberty]

Kind of interesting, Japan now holds more of our debt than China, Toyota sales and stock are tanking, this is only going to make it worse.

Yep, they own us. If Congress dares humiliate Mr. Toyoda in front of the whole world, Japan will make them very, very sorry.

[OpusatFR]

Japan continues to service and host our ships refueling for the Afghanistan war, buy the Treasuries China dumps, and keep our base on one of the Japanese Islands or they lose the American market big time.

IMHO that is what is going on with this full court press, not to say that the Japanese cars aren’t bombs, but the government ignored the problem when it surfaced a few years ago.

This has turned into leverage.

[bwc2221]

The two biggest beneficiaries of Toyota’s problems are Honda and Hyundai.

[Venturer]

I hope he is smart enough to fly in as a business traveler on a commercial flight.

This is BS they havent made Chevy fly in for any of their recalls,.

[the invisib1e hand]

certainly falling on one's sword would be more pleasurable.

the obama administration and congress: bent on destroying business.

I don't think I'm exaggerating.

[the invisib1e hand]

The two biggest beneficiaries of Toyota’s problems are Honda and Hyundai.

John Bachelor keeps comparing Nissan to them, favorably.

[pray4liberty]

The two biggest beneficiaries of Toyota’s problems are Honda and Hyundai.

Maybe, but Government Motors is going to benefit too.