agent Entrepreneur logo
MenuMENU
SearchSEARCH

Toyota's Chief to Testify in Congress

February 20, 2010
2 min to read


Toyota Motor Corp. President Akio Toyoda, under growing pressure from U.S. lawmakers investigating the auto maker's safety recalls, changed course and said he would appear before Congress next week, The Wall Street Journal reported. Toyoda, who earlier balked at testifying in Washington, issued a statement hours after the chairman of the U.S. House Oversight and Government Reform Committee, Edolphus Towns (D., N.Y.), urged him to travel to the U.S. to "clarify this situation." "I have received Congressman Towns' invitation to testify before the [committee] on Feb. 24 and I accept," Toyoda said in the statement. "I look forward to speaking directly with Congress and the American people." Toyoda said Friday in Japan that he would like to explain matters "in all sincerity" to the U.S. Congress next week. The presence of the CEO of the world's top-selling auto maker is sure to raise the profile of the hearings. "I would like to make efforts to promote a better understanding of our determination to our customers, and to America," Toyoda told reporters Friday in Japan. Toyoda said he "would be delighted to come over," and would explain Toyota's framework for investigating the cause of the recall, and emphasize Toyota's commitment to safety and to rebuilding customer confidence. A Toyota spokeswoman told The Wall Street Journal a detailed schedule for Toyoda's trip hadn't been worked out yet, but he will meet U.S. Transportation Secretary Ray LaHood at the hearing. The spokeswoman couldn't confirm whether Toyoda would meet Lahood in a separate meeting. LaHood has said his department may seek civil penalties against Toyota for its slow response to the safety concerns.

More Industry

Blue and white RV parked on beach facing the ocean.
Industryby Lauren LawrenceSeptember 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industryby Hannah MitchellSeptember 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industryby Lauren LawrenceAugust 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...
Mitsubishi shadow line-up
Industryby Hannah MitchellAugust 25, 2026

Mitsubishi Unveils U.S. Plan

The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.

Read More →
Photo of a laptop, cellphone and eyeglasses on a desk next to an office window
IndustryAugust 24, 2026

Selling to Grow

The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.

Read More →
Mechanic holding a vehicle diagnostic device while standing above an open car hood
Industryby Hannah MitchellAugust 24, 2026

Recalled Vehicles Hit 5-Year High

Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.

Read More →
Ad Loading...
outside of car dealership with cars parked in front
Industryby Lauren LawrenceAugust 20, 2026

Auto Group Acquires Top-Performing Rooftop

Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.

Read More →
Cars from the rear on a Shanghai freeway
Industryby Hannah MitchellAugust 19, 2026

China as Pacesetter

Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.

Read More →
Orange BMW car on empty road.
Industryby Hannah MitchellAugust 14, 2026

BMW Concept Car Makes Fuel to Burn

The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.

Read More →
Ad Loading...
Six men standing for photo outside of car dealership
Industryby Lauren LawrenceAugust 13, 2026

South Carolina Auto Group Downsizes

Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.

Read More →
Ad Loading...