What Akio Toyoda Will Say to Congress

By David Schoetz

Feb 23, 2010 5:58pm

Courtesy of the Blotter, which posted the full prepared remarks in this story a few hours ago. Toyoda, president of the world's largest and most embattled automaker, is scheduled to appear before Congressional committee tomorrow. Some might argue this is the operative line: "Quite frankly, I fear the pace at which we have grown may have been too quick." Testifying today was Jim Lentz, president of Toyota USA, who acknowledged for the first time today that despite massive and repeated recalls, that a serious safety issue with its cars remains unsolved. Embedded below is the Brian Ross segment from last night, "Auto Professor Pinpoints Possible Car Flaw," in which Ross gets behind the wheel of a runaway Toyota.

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