Toyota: Fast Cars, Slow Learning Curve
From Politico:
Internal Toyota documents derided the Obama administration and Democratic Congress as “activist” and “not industry friendly," a revelation that comes days before the giant automaker's top executives testify on Capitol Hill amid a giant recall.
According to a presentation obtained under subpoena by the House Oversight and Government Relations committee, Toyota referred to the “changing political environment” as one of its main challenges and anticipated a "more challenging regulatory" environment under the Obama administration's purview.
This document, in addition to piles of other records, will be front and center this week as the Japanese automaker girds to face lawmakers hungry for answers about a recall that has the company teetering.
Labels: Automotive, Dumb-o-crats, Economy
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