As the recall crisis threatens to further damage the company’s sales and delay an earnings recovery, Toyota President Akio Toyoda apologized for the recall of millions of vehicles around the world due to so-called "sudden acceleration," while speaking on Friday during the World Economic Forum in Davos.
"We’re extremely sorry to have made customers uneasy," Toyoda said. "We plan to establish the facts and give an explanation that will remove customers’ concerns as soon a… (read more)