Toyota is considering a recall of its best-selling car, the Corolla, for power steering problems. Bill Radke talks to Marketplace's Jeremy Hobson about some of the complaints from American consumers and what Toyota plans to do going forward.
Toyota may have been criticized for how it's handled the recall crisis, but Japanese companies also differ from U.S. companies in how they deal with those types of heavy situations. Alisa Roth explores cultural disparities.
Toyota will answer more questions tomorrow as more details emerge about the problems that have led the automaker to recall 8.5 million vehicles in recent months. Steve Chiotakis reviews the car company's current issues with Marketplace's Jeremy Hobson.
Toyota faces a lot of fallout from its recent recalls. But some investors are able to make money buying stock when a company is in trouble. Alisa Roth reports whether stockholders can still turn a profit on the flailing car company.
Governors from four states that house Toyota plants have asked Congress to be fair to the automaker amidst its massive recall. Why? Alisa Roth reports.
With all of its recall issues, Toyota has a lot of explaining to do. But before that, the company is doing some apologizing in the form of a TV ad. Rico Gagliano looks into the history of corporate mea culpas to see how Toyota's stacks up.
Jeremy Anwyl, CEO of auto information site Edmunds.com, talks with Kai Ryssdal about why Toyota's problems have grown so much and the impact they might have on other car makers.
Safety regulators are coming under scrutiny for failing to spot issues with Toyota vehicles before the company needed to implement a massive recall. But not everyone was asleep at the wheel. Bill Radke delves deeper with Marketplace's Brett Neely.
Toyota says it's recalling more than 400,000 Priuses, and it's recalled a lot of other cars for sudden acceleration, thanks largely to the commonization of several parts. Alisa Roth explains what that means.
At a press conference in Nagoya, Japan, Toyota President Akio Toyoda apologized for the severe recall and issues related to the company's cars. Steve Chiotakis reviews his statements with Marketplace's Amy Scott.
