Biz: Toyota’s way of handling recalls: Cover up, then come clean
- I hate to break this to you, but we have a tendency for mechanical failure in accelerator pedals of a certain manufacturer on certain models. … The time to hide on this one is over. We need to come clean.
- A note from Toyota executive Irving A. Miller • Admitting that they would have to recall millions of vehicles. Over a four-month period, the company had made an active effort to hide the problems with their cars from the government. Unsuccessfully. The New York Times’ document analysis suggests that there was a whole lotta fail going on with the vehicles, and a lot more cover-up. While the company obviously screwed up, some congressmen are suggesting that federal regulators should shoulder some of the blame. source