{"id":246034,"date":"2010-01-29T08:36:00","date_gmt":"2010-01-29T13:36:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/toyota-jugular-exposed-29-1-2010"},"modified":"2010-01-29T08:36:00","modified_gmt":"2010-01-29T13:36:00","slug":"toyotas-jugular-exposed-as-congress-gangs-up-with-ford-and-gm-for-the-take-down","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/246034","title":{"rendered":"Toyota&#8217;s Jugular Exposed As Congress Gangs Up With Ford And GM For The Take-Down"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b62d279000000000079a9ec-400-\/car-smash.gif\" border=\"0\" alt=\"car smash\" width=\"400\" \/><\/p>\n<p>Ford and GM are wasting little time to hit Toyota while it&#8217;s down.<\/p>\n<p>They&#8217;re offering incentives to Toyota owners, in the hopes that customers will make the switch back to the American cars they used to buy.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.fresnobee.com\/business\/story\/1801453.html\">Fresnobee:<\/a> General Motors and Ford both announced discounts and special financing offers this week in hopes of knocking the Japanese automaker off its perch as the top-selling make in the U.S.<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">&#8220;There are people out there with [Toyotas] that aren&#8217;t going to want to drive them, and they need a vehicle.&#8221;  Hedrick said dealers of all makes have been counting on pent-up demand to fuel sales following two years of recession that kept many would-be car buyers on the sidelines.<\/p>\n<p>To make matters worse for the Japanese auto giant, the U.S. government plans to join the Toyota-take-down fray as well since the House of Representatives has just announced an investigation into Toyota&#8217;s accelerator pedal controversy:<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/business.timesonline.co.uk\/tol\/business\/industry_sectors\/engineering\/article7007464.ece\">Times:<\/a> A month from now Toyota will face a cross-examination from the House Committee on Energy and Commerce over whether it responded soon enough to reports that accelerator pedals could become stuck.<\/p>\n<p style=\"padding-left: 30px;\">The committee has sent letters to Toyota&rsquo;s American subsidiary requesting documents and e-mails related to the matter.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/toyota-jugular-exposed-29-1-2010#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/toyota-shares-body-slammed-by-death-pedal-recalls-2010-1\">Toyota Accelerator Pedal Disaster Won&#8217;t Come Unstuck As Shares Keep Crashing<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/toyotas-quality-deterioration-hasnt-been-fixed-as-sales-of-eight-models-is-halted-due-to-death-pedal-concerns-2010-1\">Toyota&#8217;s Over-Expansion Glaringly Obvious As Production Halts For Eight Models<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/japan-becomes-toyota-2010-1\">Japan&#8217;s Revival Lies In Becoming A Giant Toyota<\/a><\/li>\n<\/ul>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/QCuIXIjSwPAOU2ljl76BJAb3z4E\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/QCuIXIjSwPAOU2ljl76BJAb3z4E\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/QCuIXIjSwPAOU2ljl76BJAb3z4E\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/QCuIXIjSwPAOU2ljl76BJAb3z4E\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=_RmLzKDcZl8:octJ2F8UP0w:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=_RmLzKDcZl8:octJ2F8UP0w:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=_RmLzKDcZl8:octJ2F8UP0w:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=_RmLzKDcZl8:octJ2F8UP0w:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=_RmLzKDcZl8:octJ2F8UP0w:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=_RmLzKDcZl8:octJ2F8UP0w:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=_RmLzKDcZl8:octJ2F8UP0w:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=_RmLzKDcZl8:octJ2F8UP0w:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/greensheet\/~4\/_RmLzKDcZl8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ford and GM are wasting little time to hit Toyota while it&#8217;s down. They&#8217;re offering incentives to Toyota owners, in the hopes that customers will make the switch back to the American cars they used to buy. Fresnobee: General Motors and Ford both announced discounts and special financing offers this week in hopes of knocking [&hellip;]<\/p>\n","protected":false},"author":809,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-246034","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/246034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/809"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=246034"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/246034\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=246034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=246034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=246034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}