Taif emerges as a sanctuary for Arabian horse heritage    International Year of Camelids 2024 under Saudi Presidency concludes    Elm, One sign MoU to enhance strategic partnership and support local content in communications and marketing sector    Commerce Ministry recalls over 88,000 Anker portable chargers over fire risk    Trump says Israel has agreed on terms for 60-day ceasefire in Gaza    New evidence suggests Russian forces shot down Azerbaijan Airlines Flight 8243    Iran's president halts cooperation with UN nuclear watchdog, reports say    Inquiry finds British committed genocide on Indigenous Australians    BTS are back: K-pop band confirm new album and tour    Saudi FM receives message from Iranian counterpart    Cabinet reaffirms Saudi position of resolving conflicts through diplomatic means    Foreign Trade Authority leads Saudi negotiating team in second round of GCC-Japan FTA Talks    Inzaghi hails 'historic' Al Hilal win over Man City: We climbed a mountain with no oxygen    Milinković-Savić says Al Hilal proved critics wrong after historic win over Man City    Al Hilal stuns Man City and stirs the world: 'One of the greatest nights in Saudi club football'    AlUla becomes favorite global summer destination for photography enthusiasts    Michelin Guide launches in Saudi Arabia with phased rollout in 2025    Al Hilal stun Manchester City in seven-goal thriller to reach Club World Cup quarterfinals    'How fragile we are': Roskilde Festival tragedy remembered 25 years on    Historic Jeddah's visual identity re-imagined through global art installations at Al-Arbaeen Lagoon    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    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.