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 Toyota Exec Describes 'Aggressive' US Regulators

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Toyota Exec Describes 'Aggressive' US Regulators Vide
PostSubject: Toyota Exec Describes 'Aggressive' US Regulators   Toyota Exec Describes 'Aggressive' US Regulators Icon_minitimeTue Mar 02, 2010 4:42 pm
A Toyota Motor Corp. (TM, 7203.TO) executive described U.S. safety regulators as "growing more aggressive" in January 2008, and added that the company had a "less defensible product" when it came to quality, according to documents released by a U.S. Senate panel Tuesday.

The documents, released by aides to Senate Commerce Committee Chairman John D. Rockefeller (D., W.Va.) during a hearing on the Toyota safety recalls, were prepared by Chris Tinto, a Toyota vice president in the U.S., Sen. Rockefeller's staff said. The document was an internal company presentation, according to Sen. Rockefeller.

"The regulatory environment for safety continues to change rapidly and present challenges," the presentation states. "NHTSA/US Government is growing more aggressive on active safety."

http://online.wsj.com/article/BT-CO-20100302-714356.html?mod=WSJ_World_MIDDLEHeadlinesAsia
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