They Need to Accelerate the Repairs

January 29, 2010

On January 21, 2010 Toyota issued a recall of 2.3 million vehicles of eight different models.  The reason, faulty gas pedals that can stick or suddenly accelerate, even while the car is stopped.   Adding to Toyota’s troubles, they do not yet know the cause of the problem and shut down production lines.  Once they identify the issue engineers must then design a remedy for the recalled cars and have it approved by the National Highway Traffic Safety Administration.  The recall has now expanded to the European markets, and also comes on the heels of a 4.5 million vehicle recall in Fall 2009 because of floor mats that jammed accelerators.  Estimates are this recall will cost the company hundreds of millions of dollars and Toyota will need to work hard to convince customers of the brand’s safety and reliability.  Other car manufacturers are seizing the opportunity and are offering incentives for consumers who trade in a Toyota for one of their vehicles. 

Toyota will face a huge sales reduction
Because eight models have faulty construction
This problem has delayed
Several cars being made
And could lead to the company’s destruction



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Posted on: January 29, 2010

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