If you watched the auto makers ‘discussions’ in front of congress did you get the feeling one of the big three?

might be allowed to fold and it might be GM? One of the senators asked them, why do we need three auto makers?

Toyota’s president will answer to congress

Toyota’s President will have to testify at a congressional hearing next week, after recalling thousands of Toyota cars. Toyota’s President is trying to restore public confidence in his company. Wayne Madsen says that it is not Toyota itself, but Toyotas suppliers who are causing the problem and he says the quality assurance certification may be [...]

Toyota under fire in US congress

US politicians have opened a series of inquiries into how Toyota responded to customer safety concerns and its handling of recent recalls of millions of vehicles. On Tuesday, one panel heard from a Toyota driver as she recalled how her car accelerated out of control as she was driving along a highway. Al Jazeera’s John [...]

Toyota execs back in US Congress hot seat

Toyota execs back in US Congress hot seat Top Toyota executives faced another grilling by US lawmakers Tuesday as the number of US deaths blamed on defects in the Japanese auto giant’s vehicles rose to more than 50. Read more on AFP via Yahoo! News

Will Cash for Clunkers Return? Transportation Secretary Says it’s up to Congress

DETROIT – Will there be another Cash for Clunkers program to help jumpstart the auto industry, and the economy, this year? U.S. Transportation Secretary Ray LaHood was here to launch the 2010 North American International Auto Show. He likes Cash for Clunkers, but insists a rerun in ’10 will be left up to Congress. “This [...]

Toyoda Will Not Testify Before Congress, Sends Toyota N.A. Boss Instead

UPDATE: Toyoda now says he will come to Washington D.C. Akio Toyoda told a press conference Wednesday morning that he would not travel from Tokyo to Washington, D.C., to answer questions from a Congressional panel on car safety. No, this is not as bad as when General Motors sicked detectives on Ralph Nader, but Toyota [...]