Beverly Hills 2/22/2010 6:38:18 AM
News / Business

Akio Toyoda Will Testify Before Congress This Week

Finance World News Update by EQUITIES Magazine

This week, Toyota Motor president Akio Toyoda will testify before a congressional committee about the vehicle recalls.

 

Toyota’s global recall has ballooned to 8.5 million cars and trucks. The company has been going full speed ahead on a campaign to save the company’s reputation, running apologetic TV ads and working with layers and lobbyists.

 

Toyoda announced his upcoming appearance in front of Congress on Friday with the following statement: "I have received Congressman Towns' invitation to testify before the [committee] on Feb. 24 and I accept. I look forward to speaking directly with Congress and the American people." He added that he is looking forward to explain matters “in all sincerity” to the Congress.

 

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Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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