Tagged: Toyota

Toyota gets another subpoena

Once again, Toyota has been subpoeaned by a federal grand jury in New York seeking information on steering-related defects in its vehicles, and possibly broadening a probe into the Japanese automater’s handling of a recall back in 2005.  Law Professor Keith Hylton, an expert in liability law, says the case may come down to how much […]

Toyota pushing ahead

Despite recalls and bad PR , Toyota says it will use no-interest loans and lease discounts to help regain over the rest of 2010 the U.S. market share lost over the past two months.  School of Management Dean Louis Lataif, a former Ford executive, says when one automaker launches a big incentive program others usually follow. […]

Toyota’s troubles

The troubles for Toyota keep mounting with a recall of 311,000 of its 2010 Prius expected this week.  BU College of Communication Professor and veteran PR reputation management expert Peter Morrissey offers his thoughts on the embattled carmaker: “Toyota’s reputation is its most valued asset.  They are putting it at unacceptable high risk and they […]

Toyota suspends some U.S. sales

In an unprecedented industry move, Toyota, the world’s most successful automaker, temporarily suspended U.S. sales of eight models until it figures out a brake-pedal problem that sparked a recall.  Former Ford Motors executive Louis Lataif, long-time dean of the School of Management, says it may help domestic manufacturers, but it premature to read too much into […]

Auto industry update

The auto industry worldwide continues to struggle.  With Toyota facing its largest losses ever, Akio Toyoda today becomes president of the company founded by his grandfather in 1937.  Meantime, the first beneficiaries (reportedly Ford, Nissan, Tesla) finally are being named today for the loan program created by Congress in 2007 to help auto makers retool […]