Franchise registrations in Saudi Arabia surge 866% over 3 years    Lulu Saudi Arabia celebrates its 15th anniversary with the grand launch of 'Super Fest 2024'    Cristiano Ronaldo's double powers Al Nassr to 3-1 win over Al Gharafa in AFC Champions League    Culture minister tours Saudi pavilion at Expo 2025 Osaka    Al Ahli edges Al Ain 2-1, bolsters perfect start in AFC Champions League Elite    Saud Abdulhamid makes history as first Saudi player in Serie A    Saudi Cabinet to hold special budget session on Tuesday    King Salman orders extension of Citizen's Account Program and additional support for a full year    Al-Falih: 1,238 foreign investors obtain premium residency in Saudi Arabia    Several dead as Storm Bert wreaks havoc across Britain    Irish PM apologizes for walking away from care worker    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Hezbollah fires rocket barrages into Israel after deadly Beirut strikes    Ukraine losing ground in Russia's Kursk region, says military source    Do cigarettes belong in a museum?    Saudi Arabia to host 28th Annual World Investment Conference in Riyadh    Riyadh Emir inaugurates International Conference on Conjoined Twins in Riyadh    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Toyoda apologises to China over recalls
Published in The Saudi Gazette on 02 - 03 - 2010

Toyota Motor Corp President Akio Toyoda apologised to Chinese consumers on Monday over the company's massive global recall, seeking to ease quality concerns in the world's biggest auto market.
Toyota's woes in China have so far been limited to a recall of 75,552 RAV4 vehicles due to faulty accelerators, but Toyoda's visit after a gruelling hearing in the US Congress underscores the importance of a market that surpassed the United States last year to become the world's largest.
“We will continue to work hard. I'm here to offer my deepest apologies,” Toyoda told a packed room of over 300 reporters in Beijing, speaking calmly with no visible sign of emotion.
Toyota is sticking to its target of selling 800,000 units in China this year, he said, adding he hoped the company's swift handling of the RAV4 recall would restore consumer confidence.
The RAV4 was the only model sold in China that had experienced an accelerator problem, Toyoda said, specifying that Chinese consumers need not worry about the Prius or Lexus because parts behind recalls of those models were not used in China.
The company founded by his grandfather has recalled more than 8.5 million cars globally for unintended acceleration and braking problems in a widening safety crisis that broke in January.
The bulk of the recalls are in the United States, where Toyota's February sales are expected to take a major hit.
Toyoda's China visit comes at a time when the company is already struggling to keep up with rivals including General Motors, Volkswagen AG and Ford Motor Co in taking advantage of a boom in China's auto market.
Global position
“He's making this trip because China has become the biggest auto market, in which Toyota underperformed last year,” said IHS Global Insight analyst John Zeng. “If Toyota loses China, its global position would be challenged.”
Vehicle sales in China jumped 53 percent last year to 13.6 million units. Toyota, which produces cars in China in tie-ups with FAW Group and Guangzhou Automobile, saw its sales rise only 21 percent to 709,000 units, about 5 percent of the market.
Analysts say the trend was largely because Toyota and other Japanese automakers such as Honda Motor Co have relatively few small, affordable models that are both eligible for the tax breaks that have driven sales and are within the reach of most Chinese families.
Its sales in Japan have not been seriously affected by the recall of its latest model Prius and other hybrid models, with data on Monday showing February sales rose nearly 50 percent from depressed year-ago figures.
The response from the Chinese public has been generally muted.
Still, ahead of the news conference, security guards dragged away at least three Chinese protesters who said they were demanding a public apology from Toyota for brake problems on cars they owned.
“You apologised in the US, but in China you just don't care,” shouted one protester, who gave his family name as Zhang. “You can't only think about making money, you have to solve the quality issue.”


Clic here to read the story from its source.