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Posted on February 9, 2010 | tags


Biz: Honda’s CFO: Toyota’s problems are the auto industry’s problems

  • I think we should see this Toyota problem from a broader viewpoint. If customers start to harbor doubts about [quality and safety], that would be problem for the whole industry.
  • Honda CFO Yoichi Hojo • Regarding the danger the Toyota recalls pose for the auto industry as a whole. He notes that, for this reason, his company isn’t offering incentives to Toyota customers who trade in their cars, like GM and Ford are. He sees that policy as just a little foolish. Wonder why. source