Friday, December 31, 2010
Toyota in American Politics
Republican governor of Mississippi, Haley Barbour, published an article in the Washington Post on 24 February 2010, when the Toyota CEO, Toyoda Akio, testified before the U.S. Congress. “That’s why I hope Congress will resist the temptation to attack Toyota simply to advance the interests of its American competitors. Toyota should not be blamed implicitly for the problems of Detroit’s automakers. Moreover the decision to bail out bankrupt General Motors and Chrysler with $60 billion from U.S. taxpayers has put Washington in an uncomfortable position (Washington Post).” Everyone knows that the mid term election will come up in November; some politicians, in particular from Detroit area, will not able to come back to the Capital Hill. Some politicians are trying to score their points by attacking Toyota. By September, Toyota had settled high-profile lawsuit over fatal Lexus crash in California (20 September 2010 Japan Times) for millions dollars.