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So the big news in Japan now is that it appears that the charge that Toyota withheld information and delayed recalls in the US is a big farce. It appears that the US Government was withholding information that Toyota cars involved in crashes did not have problems, and that it was the driver's error that caused the accident. So this would mean that there weren't any problems with the cars to begin with, and any recall would not be needed.
This information would exonerate Toyota, and clear their name completely of any wrongdoing.
But now that the US Government has GM, a strong Toyota would hurt them wouldn't it?
So is the Government intentionally trying to destroy Toyota by spreading lies and deceit?
It certainly is a fishy story.
Also, GM just bought Americredit for 3.5 billion dollars. Yes, BILLION. Ummm, 2 years ago GM was crying and asking for massive handouts from the Government because they were going to go bankrupt. Where on earth do they come up with 3.5 billion to invest in other companies?
Or was that a farce too? Did they really have money in the bank, and just wanted to take advantage of an "economic crisis" and get a massive pile of cash from the Government?
It's sometimes really hard to tell what is truth, and what is lie from the US.
I can tell yo one thing though, Japanese media is reporting this all over the place now, it will be interesting to see where the story goes.
What do you think?
Here is the article:
This information would exonerate Toyota, and clear their name completely of any wrongdoing.
But now that the US Government has GM, a strong Toyota would hurt them wouldn't it?
So is the Government intentionally trying to destroy Toyota by spreading lies and deceit?
It certainly is a fishy story.
Also, GM just bought Americredit for 3.5 billion dollars. Yes, BILLION. Ummm, 2 years ago GM was crying and asking for massive handouts from the Government because they were going to go bankrupt. Where on earth do they come up with 3.5 billion to invest in other companies?
Or was that a farce too? Did they really have money in the bank, and just wanted to take advantage of an "economic crisis" and get a massive pile of cash from the Government?
It's sometimes really hard to tell what is truth, and what is lie from the US.
I can tell yo one thing though, Japanese media is reporting this all over the place now, it will be interesting to see where the story goes.
What do you think?
Here is the article:
Remember how Toyota was slapped with a $16.4m fine for allegedly withholding information and delaying recalls? Remember how Toyota was served again with a subpoena for information, what many read as the prelude for another $16.4m fine? (If anyone again says that $16,4m is pocket change, please send me the pocket change.) Well, there are some people in Washington who claim that it’s the U.S. government that might be withholding information.
According to Dow Jones Newswire (via The Nikkei [sub] ) “the Obama administration came under pressure to disclose more information about its investigation of Toyota Motor Corp. with congressional Republicans questioning whether officials are withholding data that could favor Toyota in some crashes.”
Rep. Joe Barton of Texas, the senior Republican on the House Energy and Commerce Committee, sent a letter to NHTSA, asking them to fork over crash data that, according to articles in the Wall Street Journal and TTAC article published last week, proves that in many crashes, the driver had his or her foot on the gas instead of the brake.
The Journal said they had it from “people familiar with the crash-data test results” and Joe Barton thinks thos people might be at the NHTSA. As far as the NHTSA or the DOT are concerned, mum’s the word. There are other people who point fingers at Toyota and say that it was Toyota who “planted” that story, but Barton isn’t buying it.
Barton sent a strongly worded letter to NHTSA boss David Strickland, The letterwas also signed by Energy and Commerce Committee members Reps. Ed Whitfield (R., Ky.) and Michael Burgess (R., Texas). The letter says that “it is important for us to know whether NHTSA has EDR data showing that some incidents of reported sudden unintended acceleration were the result of pedal misapplication.”
The Republicans wave a big stick: They point out in the letter that the House is expected to vote soon on a far-reaching vehicle-safety bill that would up the financial ante considerably, and could even land car executive in jail. Subliminal message: If you want that law to pass anytime soon, hand over the information. Too bad there is no clause in any law that the fine gets refunded if the government withholds information. That’s not the way it works.
According to Dow Jones Newswire (via The Nikkei [sub] ) “the Obama administration came under pressure to disclose more information about its investigation of Toyota Motor Corp. with congressional Republicans questioning whether officials are withholding data that could favor Toyota in some crashes.”
Rep. Joe Barton of Texas, the senior Republican on the House Energy and Commerce Committee, sent a letter to NHTSA, asking them to fork over crash data that, according to articles in the Wall Street Journal and TTAC article published last week, proves that in many crashes, the driver had his or her foot on the gas instead of the brake.
The Journal said they had it from “people familiar with the crash-data test results” and Joe Barton thinks thos people might be at the NHTSA. As far as the NHTSA or the DOT are concerned, mum’s the word. There are other people who point fingers at Toyota and say that it was Toyota who “planted” that story, but Barton isn’t buying it.
Barton sent a strongly worded letter to NHTSA boss David Strickland, The letterwas also signed by Energy and Commerce Committee members Reps. Ed Whitfield (R., Ky.) and Michael Burgess (R., Texas). The letter says that “it is important for us to know whether NHTSA has EDR data showing that some incidents of reported sudden unintended acceleration were the result of pedal misapplication.”
The Republicans wave a big stick: They point out in the letter that the House is expected to vote soon on a far-reaching vehicle-safety bill that would up the financial ante considerably, and could even land car executive in jail. Subliminal message: If you want that law to pass anytime soon, hand over the information. Too bad there is no clause in any law that the fine gets refunded if the government withholds information. That’s not the way it works.
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