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Toyota & Honda Recalls and their Effect on the Auto Industry

PostDateIcon29 January, 2010 - 15:12 | PostAuthorIconadmin

Don't have a Fit, Dude

29 January 2010
Massive recalls from both Toyota and Honda must be causing widespread alarm in the auto industry. Just a few days ago, Toyota announced recalls of millions of cars due to a faulty accelerator pedal.

Now Honda is recalling 646,000 Fits (also known as Jazzes) and Citys because of a defective switch that could lead to fires.

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  | PostTagIconTags: honda, p5F, porters 5 forces automobile industry, Toyota

Toyota appoints Founder's Grandson as Head

PostDateIcon20 January, 2009 - 13:49 | PostAuthorIconadmin

Akio ToyodaToyota, the largest car manufacturer in the world, appointed Akio Toyoda head of the company on 20 January, 2009. Toyoda's grandfather founded the auto giant in 1937 when the auto industry was considered to be a risky venture.

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  | PostTagIconTags: Autonomics, Japan, news, Toyota
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