THE AMERICAN JOURNAL

U.S. official’s remark fans flames in Toyota crisis

WASHINGTON/DETROIT (Reuters) – The top U.S. transportation official on Wednesday warned Toyota owners caught up in its massive recall to stop driving their cars, triggering alarm and confusion in a crisis that has engulfed the automaker.

Although Transportation Secretary Ray LaHood later called his remark an obvious misstatement, it drove Toyota shares down by as much as 8 percent and prompted one congressional committee to ask Toyota whether certain models were safe.

Read more: MSNBC

February 3, 2010 Posted by | Uncategorized | , | 1 Comment