Toyota Motor Corp., the world’s largest automaker, will recall 6.76 million vehicles globally including the RAV4 SUVs, according to the company.
President Akio Toyoda has pledged to improve Toyota’s recall process after regulators punished the company covering up information and being too slow to call back more than 10 million vehicles in 2009 and 2010. General Motors Co. now faces similar scrutiny for its handling of flawed ignition switches that the company knew of as early as 2001 and has linked to at least 13 deaths.
Toyoda has instituted a three-year freeze on new car plants to tilt the company’s priorities to quality and efficiency after the 2009-2010 recalls for problems tied to unintended acceleration.
Following its crisis, Toyota said it improved procedures that had been too dependent on decision-making in Japan and didn’t give regional operations the autonomy to make fixes. The carmaker also formed a global quality group that Toyoda has chaired.
Toyota agreed to pay $1.2 billion last month to end a U.S. probe of its attempt to hide safety defects in the largest criminal penalty imposed on an automaker in the U.S. The company admitted wrongdoing and submitted to reviews by an independent monitor that will assess its safety reporting
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President Akio Toyoda has pledged to improve Toyota’s recall process after regulators punished the company covering up information and being too slow to call back more than 10 million vehicles in 2009 and 2010. General Motors Co. now faces similar scrutiny for its handling of flawed ignition switches that the company knew of as early as 2001 and has linked to at least 13 deaths.
Toyoda has instituted a three-year freeze on new car plants to tilt the company’s priorities to quality and efficiency after the 2009-2010 recalls for problems tied to unintended acceleration.
Following its crisis, Toyota said it improved procedures that had been too dependent on decision-making in Japan and didn’t give regional operations the autonomy to make fixes. The carmaker also formed a global quality group that Toyoda has chaired.
Toyota agreed to pay $1.2 billion last month to end a U.S. probe of its attempt to hide safety defects in the largest criminal penalty imposed on an automaker in the U.S. The company admitted wrongdoing and submitted to reviews by an independent monitor that will assess its safety reporting
Read more here
