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Apr 7, 2010
04/10
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toyota's image has taken a huge blow. we're talking two or three months of tremendous publicity across the globe. no one could avoid hearing about the issue of sudden acceleration. they have recalled 8.5 million vehicles. they now face over 200 class- action lawsuits over deaths and sudden acceleration issues. some owners want full refunds for their toyotas. others want to be compensated because the value has gone down since this happened. the other issue on the find is that could potentially be used against them to help convince juries and judges that those claims have merit. the 60 million is about the fact that it is another tarnish -- the $16 million is about the fact that it tarnishes a company once had the highest safety reputation. >> what is the company doing to win back customers? >> money. they had a great month because we ought to give more incentives to customers than they have ever done. they did not need for years to give incentives for the prius and other vehicles. they hike that to $2,000 a vehicle. that i
toyota's image has taken a huge blow. we're talking two or three months of tremendous publicity across the globe. no one could avoid hearing about the issue of sudden acceleration. they have recalled 8.5 million vehicles. they now face over 200 class- action lawsuits over deaths and sudden acceleration issues. some owners want full refunds for their toyotas. others want to be compensated because the value has gone down since this happened. the other issue on the find is that could potentially...
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Apr 6, 2010
04/10
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CSPAN2
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i guess my question is why does toyota use at least concluded by some, a less reliable than most other manufacturers use? is it a cost issue or what has pushed toyota into that judgment? who could answer that question? >> yup. [speaking japanese] >> we never use a sensor less reliable because of the cost. [speaking japanese] >> we put together a system under which the two sensors do not really give out the same values at the same time. but so doing we could examine the validity of the signal of systems. >> all right. i'd like to inquire with a written question a little bit more about that subject. let me again make this point if i can, i think what you are saying to the committee is you're doing a lot to try to establish reliability, once again, i don't think think any question that everybody in the room has read the ratings over many, many years. toyota has been a brand of reliability and dependability and quality and so on. but i do think even those of us who have purchased that vehicle have some great concerns about what we have learned in the recent months about the company's response to the question of sudden acceleration. and i'
i guess my question is why does toyota use at least concluded by some, a less reliable than most other manufacturers use? is it a cost issue or what has pushed toyota into that judgment? who could answer that question? >> yup. [speaking japanese] >> we never use a sensor less reliable because of the cost. [speaking japanese] >> we put together a system under which the two sensors do not really give out the same values at the same time. but so doing we could examine the...
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Apr 6, 2010
04/10
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toyota has turned them down. and i stayed there is a law pending in the washington legislature as a result of toyota's refusal so as a possible new provide an -- can you provide that information to their families so that they can have this data and information? >> we would be glad to do so and this is our desire to find out what has happened and i'm very sorry about what has happened to that family but we will be a as -- as he said there will be 100 eunice made available by the first of january or the beginning of january and also for your information and we are delivering the first three units to ma and also at the same time we are discussing our engineers to train how to use it so we are doing this just tomorrow. >> this -- does toyota store and coli? i should say thank you for that, we look forward to looking at information as soon as possible. does toyota collect and store all the information from edr and what is the company to with the information? >> [speaking japanese] >> translator: i'm not 100 percent sur
toyota has turned them down. and i stayed there is a law pending in the washington legislature as a result of toyota's refusal so as a possible new provide an -- can you provide that information to their families so that they can have this data and information? >> we would be glad to do so and this is our desire to find out what has happened and i'm very sorry about what has happened to that family but we will be a as -- as he said there will be 100 eunice made available by the first of...
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Apr 6, 2010
04/10
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WJLA
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toyota has recalled more than 6 million vehicles in the u.s. because of acceleration problems. toyota says it has taken several steps to improve its communications with regulators and customers. >>> general motors says it will use a safety system on all of its cars that can prevent unintended acceleration. the automaker says all new vehicles worldwide will have the brake override system by 2012. the system reduces power when the driver steps on the break and the accelerator at the same time. >>> overseas stock markets are mixed this morning. tokyo's nikkei average fell 0.5% today. markets are closed in hong kong for a holiday. on wall street, the dow climbed 46 points yesterday. the nasdaq jumped 27 points. >>> home buyers appear to be racing to take advantage of a tax credit that expires at the end of this month. the number of people who agreed to buy a home rose in february, well above expectations. in addition to people capitalizing on the $8,000 credit for first-time buyers, many may be looking to close deals before mortgage rates rise. >>> the government has launched a new
toyota has recalled more than 6 million vehicles in the u.s. because of acceleration problems. toyota says it has taken several steps to improve its communications with regulators and customers. >>> general motors says it will use a safety system on all of its cars that can prevent unintended acceleration. the automaker says all new vehicles worldwide will have the brake override system by 2012. the system reduces power when the driver steps on the break and the accelerator at the same...
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Apr 6, 2010
04/10
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CSPAN2
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the agency, toyota itself during the last 10 years has lost sight of where it was. in the 1980s when the camry was introduced, toyota steps up, found the problems within a year, mote if iing the consumers, and took care. toyota needs to go back to what is does best which is building safe, reliable vehicles and responding to the consumer. out of all of this toyota and n.h.t.s.a. need to move forward. they need to install the brake overhaul with the electronic throttle control. to restore consumer faith in the openness of toyota, it needs to release all of the information that it submits to the government in the acceleration investigations. it needs to conduct a public engineering study into electronic controls that has experts with no ties to the automobile industry. n.h.t.s.a. itself need to immediately set a standard for accelerators and not the old mechanical standards that dates from 1973. it needs to break open and set a standard for electronic overrides for all manufacturers. it needs to ura
the agency, toyota itself during the last 10 years has lost sight of where it was. in the 1980s when the camry was introduced, toyota steps up, found the problems within a year, mote if iing the consumers, and took care. toyota needs to go back to what is does best which is building safe, reliable vehicles and responding to the consumer. out of all of this toyota and n.h.t.s.a. need to move forward. they need to install the brake overhaul with the electronic throttle control. to restore...
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Apr 19, 2010
04/10
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WUSA
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toyota has until today to assess or contest the record fine.kend. >> we have a chilly morning. frost and freeze warnings to the west and southwest but slightly milder temperatures are coming as the week progresses. show you what is happening. a storm in the northeast. a chill in the winds on friday and saturday. yesterday was kind of a breezy day but clear skies overnight and system areas seeing the winds die off. mid-30s in manassas, virginia. lower 40s in many areas. even taphannock they are 36 in the northern neck. highs today 65. average is up to 67, 68. cool to start. grab a jacket. >> grab it. i feel like that's how it has been all weekend. >> it was. >> it is april. i had frost on my windshield yesterday morning. >>> we have construction going on this morning. maryland ramp 201 to the outer loop. right now it is closed trying to access that beltway. we will keep you posted and let you know when it opens up. they are in the clearing stages. and inner loop between 66 and little river not able to access that little river ramp. it will be cl
toyota has until today to assess or contest the record fine.kend. >> we have a chilly morning. frost and freeze warnings to the west and southwest but slightly milder temperatures are coming as the week progresses. show you what is happening. a storm in the northeast. a chill in the winds on friday and saturday. yesterday was kind of a breezy day but clear skies overnight and system areas seeing the winds die off. mid-30s in manassas, virginia. lower 40s in many areas. even taphannock...
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Apr 6, 2010
04/10
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CSPAN2
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to be procured from toyota instead of receiving it directly from here. >> that has been identified by toyota itself as a problem. >> this is also true with regard to the question of recall? >> yes, sir. >> the decision is make in tokyo? >> yes, sir. >> is there a qualityive or quantititive difference? >> the quality is because they are statutorily required, the quality of data is very similar between foreign and domestic. >> similar. that doesn't mean it's the same. >> they have different data sets because of the manufacturing and information processes they comply to our system. so they are similar. >> all right. why was it a secretary of transportation and the secretary -- rather and the acting head of n.h.t.s.a. had to go to tokyo to get cooperation of toyota on recalls and production of information? >> they were responding to n.h.t.s.a. and the acting administrator and secretary too slowly. >> they had to go over there. why? >> because at the time, the secretary and the acting administrator felt they needed to go directly to convey that message. >> so they had to
to be procured from toyota instead of receiving it directly from here. >> that has been identified by toyota itself as a problem. >> this is also true with regard to the question of recall? >> yes, sir. >> the decision is make in tokyo? >> yes, sir. >> is there a qualityive or quantititive difference? >> the quality is because they are statutorily required, the quality of data is very similar between foreign and domestic. >> similar. that doesn't...
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Apr 11, 2010
04/10
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WTTG
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>> because you're kyle busch. [ laughter ] >> mike: toyota has never gone to victory lane at phoenix since we started racing here in 1988. they weren't part of the series then but they are still looking for their first victory in the desert. >> larry: his teammate right now joey logano well inside the top ten. back in seventh position in the 20 car. joey started sixth and has been in the top ten most of the night. >> darrell: if it stays like this, jeff gordon, if he doesn't run out of laps looks like he is closing in on the 48 car a little bit for second place. >> mike: he was. he and jimmie right now are .2 quicker than kyle busch. not sure if it's because of traffic for the race leader. >> larry: he has a lot of traffic out in front of him with 15 laps to go. talk about kyle busch. >> darrell: you will see the 83 move up out of the way to give him room. they know is the leader and they know he is fast. >> larry: good thing is there is traffic there. they're spread out single file. nobody running side-by-side. >> darrell: most of the car he's catching like the 2, his brother, kurt
>> because you're kyle busch. [ laughter ] >> mike: toyota has never gone to victory lane at phoenix since we started racing here in 1988. they weren't part of the series then but they are still looking for their first victory in the desert. >> larry: his teammate right now joey logano well inside the top ten. back in seventh position in the 20 car. joey started sixth and has been in the top ten most of the night. >> darrell: if it stays like this, jeff gordon, if he...
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Apr 7, 2010
04/10
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CSPAN
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the problem that they have with toyota -- one of the problems -- is that this problem has existed for a long time. other countries have had recalls of disinformation. information was not shared by toyota to the agency. i think they regard that with some umbrage. with respect to whether or not there is a problem -- that is a difficult one to parse out. that is why nasa has been called in -- why they will continue to look at other experts in the electronics field and try to figure out what is going on. i am relatively certain it will result in some design changes and some software issues and hardware issues, but we do not know what those are yet. >> what do you mean by design changes? >> this has been a traumatic thing for this car maker. the other car makers are looking closely at what is going on. the mere fact that this is causing such a tumultuous reaction around the world will cause them to improve the systems in whatever way they can. i have no knowledge about how they are going to do that. it may be proprietary. i'm sure there will be improvement as a result. >> first off, they a
the problem that they have with toyota -- one of the problems -- is that this problem has existed for a long time. other countries have had recalls of disinformation. information was not shared by toyota to the agency. i think they regard that with some umbrage. with respect to whether or not there is a problem -- that is a difficult one to parse out. that is why nasa has been called in -- why they will continue to look at other experts in the electronics field and try to figure out what is...
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Apr 19, 2010
04/10
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WJLA
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has confirmed. a top u.s. general says the deaths be the biggest blow to the terrorist group since the insurgency began. the recall of toyota have a are because the automaker millions in lost revenue, but now will pay even more in a civil fine. the nhtsa has issued a $16.4 million fine. it is the maximum allowed under law. they found concerns in september but waited until january to notify. >> clearly, they have taken a fall here. i think the other automakers will pay a lot more attention to any issues. >> toyota has recalled 6 million vehicles. >>> astronauts aboard the shuttle discovery are spending a 15 stay in space. the poor weather in florida forced nasa to scrap the plan to lend it this morning. it will circle the world and try again for cape canaveral on tuesday. >>> it is time for a look at the weather again. nice to see the sun back. >> yes, it should be a pretty good afternoon with temperatures already in the '50s. taking a look outside, the temperatures are warming. they continue to climb across the region. there is lots of sunshine. it will be clear tonight, making it called again. there may be a little bit of
has confirmed. a top u.s. general says the deaths be the biggest blow to the terrorist group since the insurgency began. the recall of toyota have a are because the automaker millions in lost revenue, but now will pay even more in a civil fine. the nhtsa has issued a $16.4 million fine. it is the maximum allowed under law. they found concerns in september but waited until january to notify. >> clearly, they have taken a fall here. i think the other automakers will pay a lot more attention...
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toyota has recalled more than 8 milliop vehicles worldwide because of acceleration issues. the car maker has two weeks to admit the fine or fight -- the problem and accept sathe -- accept the fine or fight it and risk more problems with their reputation. >>> researchers are working on a machine. the machine simulates the dust found in an underground mine. a fan scatters gray, chalk-like powder. and its job is to joel the dust- like powder inside. right now, it is 99.9% effective. >>> three massachusetts teenagers accused of bullying a 15-year-old girl who committed suicide earlier this year, pleaded not guilty to related charges today. the three are among nine teens charged in what prosecutors call unrelenting bullying of irish transfer student phoebe prince. she dated a popular boy at school. two are also charged with statutory rape. >>> a bold crime in carroll county. someone has stolen a wheelchair from the front yard of a man who is paralyzed. it happened in sykesville late saturday. as suzanne collins reports, the owner has had a hard time managing since the theft. >>
toyota has recalled more than 8 milliop vehicles worldwide because of acceleration issues. the car maker has two weeks to admit the fine or fight -- the problem and accept sathe -- accept the fine or fight it and risk more problems with their reputation. >>> researchers are working on a machine. the machine simulates the dust found in an underground mine. a fan scatters gray, chalk-like powder. and its job is to joel the dust- like powder inside. right now, it is 99.9% effective....
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Apr 20, 2010
04/10
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WMAR
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. >> been a tough few months for toyota and as expected the company has agreed to pay a record $16 million fine to federal regulators while trying to repair its reputation. >> as diana alvear reports the fine is a big setback for the automaker. >> reporter: toyota's safety crisis has already cost the carmaker millions in lost revenue. now it will pay millions more in a civil fine levied by the national highway traffic safety administration. toyota has agreed to pay $16.4 million, the maximum penalty allowed under u.s. law. on its website the company said, we have acknowledged that we could have done a better job of sharing relevant information. we did not try to hide a defect to avoid dealing with a safety problem. documents show the company knew of concerns involving unintended acceleration and sticky gas pedals last september. but waited until january to notify ntsa. monday, transportation secretary ray lahood issued a statement saying, by failing to report known safety problems as it is required to do under the law, toyota put consumers at risk. i am pleased that toyota has accepted res
. >> been a tough few months for toyota and as expected the company has agreed to pay a record $16 million fine to federal regulators while trying to repair its reputation. >> as diana alvear reports the fine is a big setback for the automaker. >> reporter: toyota's safety crisis has already cost the carmaker millions in lost revenue. now it will pay millions more in a civil fine levied by the national highway traffic safety administration. toyota has agreed to pay $16.4...
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Apr 7, 2010
04/10
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CSPAN
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toyota does. they have lost control of the culture. has it been a matter of grabbing the data and getting it to the right organization because they are somewhat distributed? or are the designs coming down the field. we really don't know yet, we may not know for the next two or three months, maybe more. >> alike to think c-span, and also dr. runge and dr. martinez. i served at the institute of electrical and electronic engineers. it is significant that dr. martinez got the ball rolling back in 1998, and we have had a decade of progress, we have a standard for preventive recorders. this to a few minutes ago, he mentioned that just canal, the consumer protection part of this, if nhtsa sides to mandate it, -- decides to mandate it, there may be a consumer backlash. i would like to ask dr. martinez what he thinks about the initiatives so far and what does he think -- how could ieee help nhtsa in the future? >> when people think black box, they get the wrong idea. this is like a five second refreshen buffer. it does not say if you were drinking
toyota does. they have lost control of the culture. has it been a matter of grabbing the data and getting it to the right organization because they are somewhat distributed? or are the designs coming down the field. we really don't know yet, we may not know for the next two or three months, maybe more. >> alike to think c-span, and also dr. runge and dr. martinez. i served at the institute of electrical and electronic engineers. it is significant that dr. martinez got the ball rolling...
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Apr 5, 2010
04/10
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WJLA
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he accused toyota of taking action to protect millions of toyota has recalled 6 million vehicles for the sticky pedals and floor mats trapping the accelerator pedal which is blamed for at least five deaths and 17 injuries. in february, toyota's chief executive testified before congress. he insisted the company had not tried to hide anything. >> in the name of the company, its long standing tradition and pride, we never run away from our problems or pretend we don't notice them. >> reporter: toyota said we have already taken a number of steps to improve communications with regularities on safety related matters. that's when led to today's record fine. the government says it was very clear that toyota was not forth coming when it came to the sticky pedal issue. investigators continue to look over all the documents. sources said today is just the first blow. toyota could face millions more in fines. diane? >> lisa stark. >>> moving out west, 20 million in southern california and northern mexico faced a day of uncertainty. dozens of aftershocks after the 7.2 magnitude earthquake yesterday
he accused toyota of taking action to protect millions of toyota has recalled 6 million vehicles for the sticky pedals and floor mats trapping the accelerator pedal which is blamed for at least five deaths and 17 injuries. in february, toyota's chief executive testified before congress. he insisted the company had not tried to hide anything. >> in the name of the company, its long standing tradition and pride, we never run away from our problems or pretend we don't notice them. >>...
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Apr 7, 2010
04/10
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CSPAN
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. >> there's an expectation that this is an electronic issue, not necessarily a pedal defect as toyota has said. if it is an electronic issue, to electronic companies need to come forward with their software codes and tell the public the safety administration how the cars work? >> i was in the presence of the -- i was on the technology committee that oversaw an asset and the department of defense, so i would tell you the solid state technology is far more reliable than the mechanical systems with that in the past. if you look at the innovations that are occurring today, specially those the consumers have been, but also the regulators. we worked with the administration to -- you need electronics in order to accomplish that. the reliability requirements is 99.99 is not been met in the federal government or other industries. there is a redundancy there that is unmatched, are they able, with limited resources to really investigate these issues, and it is a challenge. the ticket from a laboratory, but they put it in vehicles if there is a potential defect, that is where the recall works. i and
. >> there's an expectation that this is an electronic issue, not necessarily a pedal defect as toyota has said. if it is an electronic issue, to electronic companies need to come forward with their software codes and tell the public the safety administration how the cars work? >> i was in the presence of the -- i was on the technology committee that oversaw an asset and the department of defense, so i would tell you the solid state technology is far more reliable than the...
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Apr 6, 2010
04/10
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MSNBC
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toyota has two weeks to decide whether it will pay that fine or fight it in court., we were just over at o'hare airport talking with the secretary of transportation, ray lahood. and i asked him point-blank, listen, you have a company with 25 to $30 billion in cash on hand. $16 million is a slap on a wrist to a company with those kind of reserves. would you fine them more if you could. he told me, of course. but i'm limited by the law. that's all i could do. but in his opinion, it's not enough for toyota and he would like to fine the company more. obviously, the law limits what they can do with this. again, toyota has two weeks to decide whether it will pay the fine of just over $16 million or fight it in court. tamron sm. >> all right. phil lebeau for cnbc covering the auto industry for us. thanks, phil. >>> an update on that dramatic rescue of a 2-year-old toddler who fell into new york city's east river this weekend. it's just amazing. the father, david anderson jumped into the river to save his little girl. by time he drove in, a good samaritan was already in the
toyota has two weeks to decide whether it will pay that fine or fight it in court., we were just over at o'hare airport talking with the secretary of transportation, ray lahood. and i asked him point-blank, listen, you have a company with 25 to $30 billion in cash on hand. $16 million is a slap on a wrist to a company with those kind of reserves. would you fine them more if you could. he told me, of course. but i'm limited by the law. that's all i could do. but in his opinion, it's not enough...
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toyota has no comment on this e-mail and with all of these court cases coming up they'll probably have a lot of no comments. they're repeating, "we are already acknowledging we know we did a poor job of communicating" and they've said they've taken steps to take action to improve communication. >> jennifer, thank you so much. >>> all right, it looks to me, now i'm not a trained meteorologist, bob van dillen is, but it looks like a similar line of thunderstorms has moved a bit, is it the same system or is this a brand new one? >> it's the same exact one. good eye there is. >> slow mover. >> cold front, slow mover. temperatures are really taking a tumble because we have this cold front, this stationary boundary dropped down to the south overnight last night. yesterday the high temperature in boston, 90 degrees. today only in the mid-50s. that's a wicked hard drop in temperatures for you. to the west, thundershowers ahead of the cold front around mississippi stretching in towards alabama. the mobile radar picture, nice line of thunderstorms headed through mississippi, louisiana and now in
toyota has no comment on this e-mail and with all of these court cases coming up they'll probably have a lot of no comments. they're repeating, "we are already acknowledging we know we did a poor job of communicating" and they've said they've taken steps to take action to improve communication. >> jennifer, thank you so much. >>> all right, it looks to me, now i'm not a trained meteorologist, bob van dillen is, but it looks like a similar line of thunderstorms has moved...
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Apr 7, 2010
04/10
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CSPAN
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toyota's image has taken a huge blow. we're talking two or three months of tremendous publicity across the globe. no one could avoid hearing about the issue of sudden acceleration. they have recalled 8.5 million vehicles. they now face over 200 class- action lawsuits over deaths and sudden acceleration issues. some owners want full refunds for their toyotas. others want to be compensated because the value has gone down since this happened. the other issue on the find is that could potentially be used against them to help convince juries and judges that those claims have merit. the 60 million is about the fact that it is another tarnish -- the $16 million is about the fact that it tarnishes a company once had the highest safety reputation. >> what is the company doing to win back customers? >> money. they had a great month because we ought to give more incentives to customers than they have ever done. they did not need for years to give incentives for the prius and other vehicles. they hike that to $2,000 a vehicle. that i
toyota's image has taken a huge blow. we're talking two or three months of tremendous publicity across the globe. no one could avoid hearing about the issue of sudden acceleration. they have recalled 8.5 million vehicles. they now face over 200 class- action lawsuits over deaths and sudden acceleration issues. some owners want full refunds for their toyotas. others want to be compensated because the value has gone down since this happened. the other issue on the find is that could potentially...
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Apr 13, 2010
04/10
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WMAR
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toyota has not commented on the warning. this another set back for the company. toyota had to recall 8 million vehicles worldwide for accelerator problems. >>> is the recession over? the committee which determines the official start and end date for u.s. recessions met last week but says it ca k not determine the official ped end date. it confirmed december 2007 was when the recession began. most economic indicators have improved recently including the dow which closed above 11,000 for the first time in 18 months yesterday. even if there is no official determination of an end date, most economists agree that the recession is likely over. baltimore will receive federal disaster funds for the december snowstorm, remember the one that dumped 20 inches of snow in the city. baltimore wasn't included in president barack obama's initial disaster, because the city couldn't show it received record or near record snowfall. officials persuadeed the national weather service to look at additional measurements because snow totals varied around baltimore putting baltimore over t
toyota has not commented on the warning. this another set back for the company. toyota had to recall 8 million vehicles worldwide for accelerator problems. >>> is the recession over? the committee which determines the official start and end date for u.s. recessions met last week but says it ca k not determine the official ped end date. it confirmed december 2007 was when the recession began. most economic indicators have improved recently including the dow which closed above 11,000 for...
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Apr 19, 2010
04/10
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WJLA
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. >> toyota has agreed to pay a maximum fine rather than go to court. t.j. winnick has more. >> according to the federal parliament, toyota knew about the problems of sudden accelerations and the brake pedals by september, but waited until january to tell regulators. later today the automobile giant agreed to pay a $16.4 million fine, for the maximum civil penalty allowed. >> this is a black eye for toyota because it shows the company did not care about safety, that it covered up the issue in the united states. >> while the company is likely to admit no wrongdoing, by paying the full civil penalty, it is accepting responsibility for hiding the safety defect in violation of law. >> it was once considered invincible and has taken a fall. >> its chief executive testified before congress and insisted the company had not tried to hide anything. >> in the name of the company, it has a longstanding tradition of pride, we never run away from problems or pretend not to notice them. >> federal officials say they would have levied a fine of $14 billion, had it been allo
. >> toyota has agreed to pay a maximum fine rather than go to court. t.j. winnick has more. >> according to the federal parliament, toyota knew about the problems of sudden accelerations and the brake pedals by september, but waited until january to tell regulators. later today the automobile giant agreed to pay a $16.4 million fine, for the maximum civil penalty allowed. >> this is a black eye for toyota because it shows the company did not care about safety, that it covered...
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Apr 19, 2010
04/10
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CNBC
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toyota. >> no, it has not. well, the s.e.c. reportedly investigating other mortgage deals by wall street's biggest firms after accusing goldman sachs of fraud. now we are going to be joined by senator kay bailey hutchison, republican member of the senate banking committee. she was obviously with us last week, and well, a lot of things have happened since then. senator hutchison, good to have you with us. we appreciate it. >> thank you, erin. good to be with you and mark. >> what's your perspective here on the goldman sachs situation? i know you probably had a chance to look at the s.e.c. filing as well. do you think there's something there or do you think this is politics? what's your view? >> oh, i wouldn't want to venture an opinion on it because i think it's a little too early, but certainly, we've got to make sure that what we do is the right amount. i want to regulate to avoid fraud, certainly, but we've got to also have the capability for our companies to be able to compete in the global marketplace. >> so, is anything go
toyota. >> no, it has not. well, the s.e.c. reportedly investigating other mortgage deals by wall street's biggest firms after accusing goldman sachs of fraud. now we are going to be joined by senator kay bailey hutchison, republican member of the senate banking committee. she was obviously with us last week, and well, a lot of things have happened since then. senator hutchison, good to have you with us. we appreciate it. >> thank you, erin. good to be with you and mark. >>...
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Apr 5, 2010
04/10
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toyota has known of a defect with sticky gas pedals since at least september 29th but nearly four months passed before toyota recalled 2.3 million vehicles with faultily pedals. a week later toyota said it would fix the problem by modifying the pedals. 1.2 million have been repaired. toyota can afford to pay a penalty of $16 million, this fine will be costlier in terms of the company's efforts to rebuild consumer trust. toyota could face more fines from the federal government as the department of transportation continues to investigate how the company handled three recent recalls including this one for sticky gas pedals. brian? >> phil lebeau, thanks for that. >>> we have an update on a continuing american spectacle. tiger woods has decided to come back to the game of golf. he is in the masters tournament. to avoid getting hounded by questions, today he took questions from selected members of the media. our report from nbc's kerry sanders in augusta, georgia. >> welcome back, tiger! >> reporter: tiger woods back on the course today with friendly fans. just about everyone following him du
toyota has known of a defect with sticky gas pedals since at least september 29th but nearly four months passed before toyota recalled 2.3 million vehicles with faultily pedals. a week later toyota said it would fix the problem by modifying the pedals. 1.2 million have been repaired. toyota can afford to pay a penalty of $16 million, this fine will be costlier in terms of the company's efforts to rebuild consumer trust. toyota could face more fines from the federal government as the department...
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Apr 6, 2010
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. >> toyota has more to worry about tonight. we will tell what you the troubled auto make ser now facing. >> and the shuttle mssi [ female announcer ] playtime will never be the same again, thanks to new pampers cruisers with dry max. ♪ hey!! [ female announcer ] they're not just 20% thinner... ♪ they're also 2 times drier. ♪ ♪ hey!! [ female announcer ] it's next generation dryness. ♪ new cruisers with dry max. so playtime never ends. only from pampers. >> tiger woods makes his return to golf. getting ready to play at the masters. but facing the media beforehand. phil keating has the story of what tiger told reporters today. >> tiger returns to the sport that made him famous. but first facing another media blitz before teing off at the masters. >> it is not about the championships. it is about how you live your life. and i had not done that the right way for awhile. i needed to change that. going forward, i need to be a better man going forward than i was before. >> tiger answering questions about his return to golf. and the se
. >> toyota has more to worry about tonight. we will tell what you the troubled auto make ser now facing. >> and the shuttle mssi [ female announcer ] playtime will never be the same again, thanks to new pampers cruisers with dry max. ♪ hey!! [ female announcer ] they're not just 20% thinner... ♪ they're also 2 times drier. ♪ ♪ hey!! [ female announcer ] it's next generation dryness. ♪ new cruisers with dry max. so playtime never ends. only from pampers. >> tiger...
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Apr 17, 2010
04/10
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so far this year, toyota has recalled more than 8,000,000 vehicles. >> your dog or cat could be dangerous to your health. new study showed pets cause 80,000 injuries from falls. dogs are more likely to make you fall than cats. and women are more likely to fall than men. researchers do not suggest that you get rid of your pets. >> and a new study shows that even before they can walk, children choose their toys based on what is traditionally expected of their sex. researchers at the university of london gave infants and toddlers a group of seven toys. little boys were always more interested in items like cars, and soccer balls. and little girls were more interested in dolls and tide bears. study did not draw conclusions about whether the children were born with preferences or developed them during the first few months of life. >> fighting city blight. the community where wrecking balls were biz. >> ash cloud and the airlines. how long flights could be affected. >> it was so bright in my window. i am like what the heck is that? >> mystery in the skies. what led to a f hi, you cancelled your
so far this year, toyota has recalled more than 8,000,000 vehicles. >> your dog or cat could be dangerous to your health. new study showed pets cause 80,000 injuries from falls. dogs are more likely to make you fall than cats. and women are more likely to fall than men. researchers do not suggest that you get rid of your pets. >> and a new study shows that even before they can walk, children choose their toys based on what is traditionally expected of their sex. researchers at the...
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Apr 9, 2010
04/10
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toyota has recalled more than eight million vehicles worldwide for issues with their gas pedals and brakes. >> tom: here's what we're watching for next week. our friday market monitor guest is dr. hans black, chairman of inter-invest. on monday, alcoa kicks off the first quarter's earnings season. later in the week, we'll see results from bank of america, general electric, google and j.p. morgan. monday, u-s/china relations. we'll look at the currency and trade issues, as the leaders of both countries meet. >> susie: netflix customers who want to see popular movies like "avatar" will have to wait even longer. today, the online movie rental company and twentieth century fox signed a new distribution deal: it includes a 28-day delay on new releases. in exchange, fox will provide some of its television shows to netflix for internet streaming for the first time. fox's blockbuster "avatar" will be among the first films to be released under this agreement. >> tom: restaurant chain california pizza kitchen has an order in for a new owner! the "wall street journal" reports the company is on the au
toyota has recalled more than eight million vehicles worldwide for issues with their gas pedals and brakes. >> tom: here's what we're watching for next week. our friday market monitor guest is dr. hans black, chairman of inter-invest. on monday, alcoa kicks off the first quarter's earnings season. later in the week, we'll see results from bank of america, general electric, google and j.p. morgan. monday, u-s/china relations. we'll look at the currency and trade issues, as the leaders of...
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Apr 7, 2010
04/10
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>> in my review of the work on toyota, while toyota has been slow in years past i will say they have not been as responsive as my staff feel they should have been in response. since i have been in office, they have been very responsive. i hope that will continue in the future. in terms of our subpoena power, our ability to get information requests responded to, i have no evidence that has been a problem. >> you were asked a question -- you have mandatory recall power. you answered yes. do you remember that? can you explain to us why your agency has not initiated a recall since 1979? >> you can often influence a recall by going through the initial stages of the process. most times, and automaker will not want to go through the fall formal process. it takes approximately a year. it is a public process. a lot of automakers, realizing they are facing public scrutiny of fighting a vehicle safety defect when they know the agency can prove it, they will go forward and effect a voluntary recall. most recalls are voluntary. there is a huge number that are influenced by this agency. that is th
>> in my review of the work on toyota, while toyota has been slow in years past i will say they have not been as responsive as my staff feel they should have been in response. since i have been in office, they have been very responsive. i hope that will continue in the future. in terms of our subpoena power, our ability to get information requests responded to, i have no evidence that has been a problem. >> you were asked a question -- you have mandatory recall power. you answered...
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Apr 19, 2010
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toyota toy, moving forward. >>> and today's guest has sparked a lot of discussion about the fact thatw him when we were in our teens doing game shoes on tv and there's a span of when we were in the preteens we'll see, he still looks the same and the satellite tour provided by the game show network. >> please welcome wink martin dale to the eyewitness news morning edition. >> hi, don. >> hi, how are you. >> well, i've never felt better and had less in my life. >> well, i have to say, you look great and i have to say something to you that people say to me all of the time. i grew up watching you and i can't believe that i'm talking to you. >> well, i feel that's an honor, it lets me know i've been around long enough that people remember who i am and i'm still viable and doing still another show. >> well, how about that. that's impressive. well, thank you. >> and everyone knows you from tick tack doe and you've hosted 14 other shows. >> no, 19. don't sell me short. >> okay. >> i could never hold a job. >> bill did 21 and this is my 20th. >> and you mentioned the late game show host. i had
toyota toy, moving forward. >>> and today's guest has sparked a lot of discussion about the fact thatw him when we were in our teens doing game shoes on tv and there's a span of when we were in the preteens we'll see, he still looks the same and the satellite tour provided by the game show network. >> please welcome wink martin dale to the eyewitness news morning edition. >> hi, don. >> hi, how are you. >> well, i've never felt better and had less in my life....
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Apr 24, 2010
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>> here's the interesting thing, toyota has really upped the incentive. they're now giving more money in the hood than ever before. they almost outsold gm last month despite all of the bad publicity. so americans are very price savvy. they'll cross the street to save 10 cents on a hamburger. if the car's cheap enough, they'll buy anything. >> that whole bailout wasn't too popular on the hill among republicans. so what kind of congressional reactions have been to that news? are people saying, hallelujah? >> well, clearly this deal, as you remember in 2008, the republicans blocked the bailout from happening to save gm and chrysler. president bush stepped in and did it on his own using tarp. and i think there's a little bit of a wait a minute, yes, it's great news they're paying it back but they're using unused bailout funds to repay the taxpayers. this isn't money they earned by selling cars. >> is there any larger lesson we can take from the fact that they were able to repay this money about the health of the broader economy in the midwestern united states
>> here's the interesting thing, toyota has really upped the incentive. they're now giving more money in the hood than ever before. they almost outsold gm last month despite all of the bad publicity. so americans are very price savvy. they'll cross the street to save 10 cents on a hamburger. if the car's cheap enough, they'll buy anything. >> that whole bailout wasn't too popular on the hill among republicans. so what kind of congressional reactions have been to that news? are...
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Apr 8, 2010
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toyota has declined to comment. the automaker has recalled more than 6 million vehicles in the u.s. >>> well, here is a look at the thursday forecast. there will be rain along the coast in the pacific northwest and snow in the mountains of montana and idaho. showers and thunderstorms are possible from the gulf coast to the northeast. >> the east coast will see another warm day before a big cool-off by tomorrow. the midwest will be a little cooler than usual with minneapolis and fargo in the 50s. southwest is sunny and seasonable with phoenix and l.a. in the 80s. >>> the french spider-man is back doing what he does best. climbing tall buildings and being arrested. elaine robert returned to his home in paris where he scaled a 607-foot office building. police were of course waiting for him at the top. >> as they often are. robert has climbed nearly 100 buildings around the world including the empire state building and the eiffel tower. the big thrill for robert. but not for property managers or the police. i think they
toyota has declined to comment. the automaker has recalled more than 6 million vehicles in the u.s. >>> well, here is a look at the thursday forecast. there will be rain along the coast in the pacific northwest and snow in the mountains of montana and idaho. showers and thunderstorms are possible from the gulf coast to the northeast. >> the east coast will see another warm day before a big cool-off by tomorrow. the midwest will be a little cooler than usual with minneapolis and...
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Apr 13, 2010
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has been provided to nbc news exclusively. we have posted it on our website tonight. that's nightly.msnbc.com. >>> just when it looked like toyota was steering out of its skid, today more trouble arrived. consumer reports put out a rare safety warning about one of its vehicles, and the company has responded late today by actually suspended sales of a popular suv. cnbc's phil lebeau with us tonight from orange county, california, with this story. phil, good evening. >> reporter: good evening, brian. this is the suv lexus will stop selling temporaryly. it is the gx-460. the suspension of sales comes after consumer reports issued a warning to drivers this vehicle could tip over if drivers have to make a sharp turn or swerve unexpectedly at certain speeds. in fact, consumer reports went so far as to warn people not to buy this suv because they believe it is a safety risk. "consumer reports" says its test of the lexus gs-460 show a potentially dangerous problem in the suv. when test drivers oversteered the suv, they say the require end slid further than the electronic stability control kicked in to stop the slide, a situation consume
has been provided to nbc news exclusively. we have posted it on our website tonight. that's nightly.msnbc.com. >>> just when it looked like toyota was steering out of its skid, today more trouble arrived. consumer reports put out a rare safety warning about one of its vehicles, and the company has responded late today by actually suspended sales of a popular suv. cnbc's phil lebeau with us tonight from orange county, california, with this story. phil, good evening. >> reporter:...
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an important message for toyota owners there has been a lot of people wondering about toyota recalls, get the facts and information at toyota.com. >>> all right. let's go out to the ronster. right now. >> reporter: good morning, don and marty. what a beautiful morning in baltimore. that is for sure. we are in front of one of the most beautiful buildings in the city, the fell's point recreation pier, it's almost 100 years old. of course changes are coming. interesting changes. a $45 million project that will bring a hotel here to one of baltimore's most popular neighborhoods. >> the fell's point recreation pier is one of baltimore's signature buildings. built in 1914, it once served as a community center. there were dances and basketball games. it's just been sold for $2 million. to local developer j joseph clark and h and s properties which built harbor east. a 132 room hotel is on the way. >> there will be a new hotel here on two levels inside, and the interior will be open to the sky. >> reporter: tourists stop here every day. the building doubled as a police station for the hit tv
an important message for toyota owners there has been a lot of people wondering about toyota recalls, get the facts and information at toyota.com. >>> all right. let's go out to the ronster. right now. >> reporter: good morning, don and marty. what a beautiful morning in baltimore. that is for sure. we are in front of one of the most beautiful buildings in the city, the fell's point recreation pier, it's almost 100 years old. of course changes are coming. interesting changes. a...
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Apr 7, 2010
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there is not a single toyota or lexus that has been recalled -- that have been recalled that is the best bet. >> do other companies have similar problems like we have seen with toyota that consumers do not know about? >> every manufacturer has a problem. in terms of unintended acceleration, toyota is far and away -- they can't explain what goes wrong, and the government has done investigations with no for it -- floormat. it comes down to electronics. toyota hasn't gotten to the bottom of that, and it does not make sense. >> mark in new york, go ahead. >> am i on? >> you are, go ahead. go ahead with your question or comment. >> i wanted asked about the new cars they had today. i know they have in your bodies and they are small. but i want to know, how come they don't make any cars like he 225 -- the 225 that had the long bodies? . . >> you was on a dirt road, turning onto pavement and as he turned about 15 or 20 miles per hour, thankfully, he did not hit anything because there was nothing to hit. he did not go over a bump, nothing. we immediately -- his airbag went off. onstar came on. i
there is not a single toyota or lexus that has been recalled -- that have been recalled that is the best bet. >> do other companies have similar problems like we have seen with toyota that consumers do not know about? >> every manufacturer has a problem. in terms of unintended acceleration, toyota is far and away -- they can't explain what goes wrong, and the government has done investigations with no for it -- floormat. it comes down to electronics. toyota hasn't gotten to the...
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Apr 19, 2010
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toyota has suspended sales of the gx-460. today, toyota agreed to pay a record $16.4 million fine for failing to report the fas pedal problems that led to the recall of more than 2 million vehicles earlier this year. >>> a new survey done finds just 22% of those questioned say they can trust washington almost always or most of the time. 43% say the government has a negative impact on their lives. just 19% are content with the government, with about 8 in 10 says they don't trust the federal government and have little faith that it can solve america's problems. >>> coming up to nigh, protestors can guns at a rally in virginia. >> there are more amazing stories of survival after a deadly earthquake in china. >> a crash killed two local teenagers. we'll find out how it might have been prevented. >> and d.c.'s most famous family-owned restaurant could be on the verge of making a major change. >> temperatures this week, we'll be hanging out in the 60s. not bad. i'll tell you about a little bit of rain coming our way for next week. >
toyota has suspended sales of the gx-460. today, toyota agreed to pay a record $16.4 million fine for failing to report the fas pedal problems that led to the recall of more than 2 million vehicles earlier this year. >>> a new survey done finds just 22% of those questioned say they can trust washington almost always or most of the time. 43% say the government has a negative impact on their lives. just 19% are content with the government, with about 8 in 10 says they don't trust the...
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Apr 6, 2010
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toyota, of course, certainly hoping it will come oust its slump but it has been slapped with a big fine from the federal government. what do you know about that? >> yeah, toyota it looks like the transportation department is going to fine them $16.4 million. that would be the largest fine ever by the governnt against an automotive manufacturer for failure to alert regulators of its sticky pedals in a quote, timely manner. actually, transportation secretary ray la hood had some very strong words to say about toyota. quote, we now have proof that toyota failed to live up to its legal obligations and worse yet, they knowingly hid a dangerous defect for months from u.s. officials and i think this is key too because there are billions of dollars and potential by l.i.e. billions of of dollars in civil litigation now pending against toyota so to have a government official in such a high-ranking place as ray la hood say they failed to live up to their legal obligation, that is a pretty strong statement and i guarantee you the lawyers were listening yesterday. >> thank you. we'll talk with you t
toyota, of course, certainly hoping it will come oust its slump but it has been slapped with a big fine from the federal government. what do you know about that? >> yeah, toyota it looks like the transportation department is going to fine them $16.4 million. that would be the largest fine ever by the governnt against an automotive manufacturer for failure to alert regulators of its sticky pedals in a quote, timely manner. actually, transportation secretary ray la hood had some very strong...
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Apr 17, 2010
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in the past few months, toyota has recalled over 8 million vehicles worldwide. >> the crew of the space shuttle had s heading home to earth closing it's hatches and undocking from the international space station. during the mission astronauts did three spacewalks including one to install a new ammonia tank. they are set to return to earth monday morning, depending on the weather. >> gregg: former new york congressman eric massa saying someone forged a $40,000 check to his chief of staff. federal campaign records now show that the check was written to joe lacalto before massa resigned suddenly last month. massa is saying that it was based on misrepresentations to campaign officials. he is among several staffers accusing the former congressman of sexual harassment. >>> wall street powerhouse in legal hot water, sec announcing charges against goldman sachs. they made huge profits by selling mortgage investments they knew would fail. as the president and democrats are making a big push to overhaul the financial system. molly henneberg is live in the d.c. bureau. hello. this is one regulator
in the past few months, toyota has recalled over 8 million vehicles worldwide. >> the crew of the space shuttle had s heading home to earth closing it's hatches and undocking from the international space station. during the mission astronauts did three spacewalks including one to install a new ammonia tank. they are set to return to earth monday morning, depending on the weather. >> gregg: former new york congressman eric massa saying someone forged a $40,000 check to his chief of...
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Apr 13, 2010
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the suv has a high risk of rolling over during certain turns. it is the latest news to hurt toyota's reputation, after recalling millions of vehicles due to faulty gas pedals. toyota says it will try to redo the test that consumer reports did and try to fix the problem. >>> results fell short of expectations. analysts keep an eye on the aluminum business. since it signals manufacturing trends. for more news, click on seeks money watch.com. in new york, i'm farnoosh torabi. >>> a group of tiny tightrope walkers test the limit by sending a 3-year-old on the high wire. >>> the little girl walked the wire without a balancing pole, almost 30 feet up above six hungry siberian tigers. you can see, she's persistent. she fell three separate times. she started tightrope training when she was just 1 year old. do you think it's time to take her away from those people? >> the purpose of that with the bengal tigers, beautiful as they are, and hungry. >> i think we'll see a follow- up story to that story. that leads our news the next day. all right. >>> coming up alt 4:00. change your diet. a new r
the suv has a high risk of rolling over during certain turns. it is the latest news to hurt toyota's reputation, after recalling millions of vehicles due to faulty gas pedals. toyota says it will try to redo the test that consumer reports did and try to fix the problem. >>> results fell short of expectations. analysts keep an eye on the aluminum business. since it signals manufacturing trends. for more news, click on seeks money watch.com. in new york, i'm farnoosh torabi. >>>...
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Apr 19, 2010
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. >> two big developments tonight in and the total investigation first, toyota has agreed to pay itsr its handling of the recall. and now they are recalling the 2010 lexus gx 450 suv. last week's consumer reports issued a do not by warning for the s.t.v. cindi vehicle could, indeed, -- for the suv, saying the vehicle could, indeed, roll over. >> an organizer -- there was a demonstration in washington. >> not far from the u.s. capitol, two rallies and one message by supporters of gun rights to their governments. >> we have first and second amendment rights for everything and we are not afraid to recognize -- to exercise them. >> just across the potomac river in virginia, gun owners made a statement and did not have to say a word, but they did anyway. >> i am here today in support of my constitution. >> i think that guns in the hands of trained law-abiding citizens are excellent things. >> they believe washington is chipping away at their constitutional rights. >> we are coming to fire you this fall. we do not want you foworking he. >> for the first time, fireworks were all -- firearms
. >> two big developments tonight in and the total investigation first, toyota has agreed to pay itsr its handling of the recall. and now they are recalling the 2010 lexus gx 450 suv. last week's consumer reports issued a do not by warning for the s.t.v. cindi vehicle could, indeed, -- for the suv, saying the vehicle could, indeed, roll over. >> an organizer -- there was a demonstration in washington. >> not far from the u.s. capitol, two rallies and one message by supporters...
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Apr 28, 2010
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since october, toyota has recalled more than 8 million vehicles due to brake and acceleration issues.any says it will be adding its instant messaging services, icq to a russian service. they have been trying to reinvent itself since splitting with time warner last year. >>> 41 metro areas shows an annual drop in unemployment in march. the cities with the lowest rates of unemployment, include new orleans, oklahoma city, and washington, d.c. for more news, go to cbs money watch.com. in new york, i'm farnoosh torabi. >>> if you need to talk out your troubles, you may want to listen to your dog, instead of your spouse. one-third of married women whoon pets say their animals are better listeners than their husband. 18% of married men actually feel the same way. researchers believe it's because pets provide unconditional support. and obviously they don't talk back. >> i think you can say that they're also good children, too. [ laughter ] >> right. >> because they listen and they don't talk back. >>> coming up on eyewitness news at 4:00. one wrong move, and you could end up paralyzed. hear f
since october, toyota has recalled more than 8 million vehicles due to brake and acceleration issues.any says it will be adding its instant messaging services, icq to a russian service. they have been trying to reinvent itself since splitting with time warner last year. >>> 41 metro areas shows an annual drop in unemployment in march. the cities with the lowest rates of unemployment, include new orleans, oklahoma city, and washington, d.c. for more news, go to cbs money watch.com. in...
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Apr 6, 2010
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. >> next up, toyota has a bad reputation recently. see what the auto maker is doing. >> next, why you will want to cash in your carry- what if it snowed chocolate? what if sweet mocha fell from the y? [ male announcer ] mcdonald's new mccafé frappe. a creamy blend of ice, coffee and mocha. or caramel. mmm. sweet. ♪ ba da ba ba ba >>> more frustrating fees at the airport. >> spirit airlines is going to start charging for carry-on bags. caroline lyders is live at the airport. >> we were worried when they started charging us for checked bags, but now most airlines do that. now spirit airlines igoing to charge for bags we carry on as well. it bills itself as the leading all-time low cost carrier. it was the first to add this new cost, up to $45 each way for bags put in the overhead bin. >> it would miniseries reconsider whether a one to fly on spirit. >> the airline says it gives customers the choice to pay for what they want. at reagan national, passengers were not buying it. >> i think they are trying to make it seem like the air fare i
. >> next up, toyota has a bad reputation recently. see what the auto maker is doing. >> next, why you will want to cash in your carry- what if it snowed chocolate? what if sweet mocha fell from the y? [ male announcer ] mcdonald's new mccafé frappe. a creamy blend of ice, coffee and mocha. or caramel. mmm. sweet. ♪ ba da ba ba ba >>> more frustrating fees at the airport. >> spirit airlines is going to start charging for carry-on bags. caroline lyders is live at...
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Apr 2, 2010
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toyota has been under fire since initiating a recall and they use the inntives to sell over 180,000 vehiclesncrease of almost 41%. are americans getting over their fears about toyota quality control? the numbers indicate as much. chrysler, on the other hand, they are being left behind. year over year sales are down 8%. but up 10% from february's numbers. things are going so well in the ought motive business even chrysler fans can find something to cheer about. we're watching your money fox business. in new york, i'm chris cotter. >>> we still have plenty ahead on fox 5 morning news. >> reporter: students at howard university were hit in a string of robberies across this part of the city. we'll tell you how the suspect may have gotten in what should have been a locked building. carol loves to rescue dogs, and spends a lot of her time and money doing that. [ carol ] they're all rescues, yeah. thank you. thank you. so i decided to make my home their home. it just makes it a little harder to se for myself. we showed her how wachovia's way2save program can help. when carol uses her check card to
toyota has been under fire since initiating a recall and they use the inntives to sell over 180,000 vehiclesncrease of almost 41%. are americans getting over their fears about toyota quality control? the numbers indicate as much. chrysler, on the other hand, they are being left behind. year over year sales are down 8%. but up 10% from february's numbers. things are going so well in the ought motive business even chrysler fans can find something to cheer about. we're watching your money fox...
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Apr 6, 2010
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ray lahood says the government is now examining more than 70,000 documents to discover whether toyota has any other safety violations. on monday toyota was fined a record $16.4 million to waiting four months before disclosing a pedal flaw. >> i think toyota was safety deaf, i think they have a very bad business model. i told that directly to mr. t toyoda when he came to my office in washington, d.c. they know they have some serious, serious issuings, not the least of which is violating safety laws that they need to account for. >> and a federal districtius that the red wax seal coating is a well-known and valid trade market. it prohibits diageo from using a similar mark on its tequila bottles. >>> rescuers are trying to find four men. massey stock today very heavily traded. hampton pearson brings us the latest on the rescues. >> particularly the high number of violations at the mine where the latest tragedy has occurred. last year federal inspectors found more than 450 violations and fined them in excess of $382,000, related to problems regarding the ventilation and equipment plan. this a
ray lahood says the government is now examining more than 70,000 documents to discover whether toyota has any other safety violations. on monday toyota was fined a record $16.4 million to waiting four months before disclosing a pedal flaw. >> i think toyota was safety deaf, i think they have a very bad business model. i told that directly to mr. t toyoda when he came to my office in washington, d.c. they know they have some serious, serious issuings, not the least of which is violating...
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Apr 19, 2010
04/10
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MSNBC
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. >>> toyota has agreed to pay a record $16.4 million fine to the u.s. port safety problems. officials say toyota knew about sticky gas problems last september, but did not issue a recall until january. toyota denies it violated the law. the fine does not free toyota from potential civil or criminal penalties. it's facing further investigations of lawsuits across the country. and you guys can always send us a tweet on the things we're talking about today. let me now your thoughts on twitter. one person wrote -- omg, wooe honoring the deaths of oklahoma city bombing by bringing loaded guns to washington. she's referring to these rallies at our nation's capitol. some feel it is inappropriate to do so. >>> does president obama owe the black community? that question sparked an interesting discussion during a special this weekend, "debating the black agenda." that question was posed to our panel. >> i feel uncomfortable with the way the question's framed. i don't like the word, owe. >> so put in expectation or something that is expegted. is that the case? >> t
. >>> toyota has agreed to pay a record $16.4 million fine to the u.s. port safety problems. officials say toyota knew about sticky gas problems last september, but did not issue a recall until january. toyota denies it violated the law. the fine does not free toyota from potential civil or criminal penalties. it's facing further investigations of lawsuits across the country. and you guys can always send us a tweet on the things we're talking about today. let me now your thoughts on...
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Apr 7, 2010
04/10
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CSPAN
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the problem that they have with toyota -- one of the problems -- is that this problem has existed for a long time. other countries have had recalls of disinformation. information was not shared by toyota to the agency. i think they regard that with some umbrage. with respect to whether or not there is a problem -- that is a difficult one to parse out. that is why nasa has been called in -- why they will continue to look at other experts in the electronics field and try to figure out what is going on. i am relatively certain it will result in some design changes and some software issues and hardware issues, but we do not know what those are yet. >> what do you mean by design changes? >> this has been a traumatic thing for this car maker. the other car makers are looking closely at what is going on. the mere fact that this is causing such a tumultuous reaction around the world will cause them to improve the systems in whatever way they can. i have no knowledge about how they are going to do that. it may be proprietary. i'm sure there will be improvement as a result. >> first off, they a
the problem that they have with toyota -- one of the problems -- is that this problem has existed for a long time. other countries have had recalls of disinformation. information was not shared by toyota to the agency. i think they regard that with some umbrage. with respect to whether or not there is a problem -- that is a difficult one to parse out. that is why nasa has been called in -- why they will continue to look at other experts in the electronics field and try to figure out what is...
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Apr 8, 2010
04/10
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has surfaced. the e-mail was written by a now retired toyota executive. it it raising new questions about toyota's response to safety problems with its vehicles and we get the details now from phil lee bow in chicago. >> another damaging piece of information regarding toyota and whether or not it was dragging it's feet in terms of alerting the public for 2.3 million vehicles, the damaging information comes from this company e-mail cents from an executive five days before the company rrled 2.3 million vehicles. in the e-mail irv miller, who retired from toyota, says i hate to break this to us, but we have a tendency for mechanical fail near accelerator pedals off a certain manufacturer on certain mol models. we need to come clean. the worlds "come clean" are getting a lot of attention. it was sent five days before the recall on january 21st. within the last week toyota fined 16 plt 4 million just under 16.4 by the department of transportation for being slow in alerting authorities to the recall of the gas pedzals. the d.o.t. says they hid the defect. toyot
has surfaced. the e-mail was written by a now retired toyota executive. it it raising new questions about toyota's response to safety problems with its vehicles and we get the details now from phil lee bow in chicago. >> another damaging piece of information regarding toyota and whether or not it was dragging it's feet in terms of alerting the public for 2.3 million vehicles, the damaging information comes from this company e-mail cents from an executive five days before the company rrled...
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Apr 8, 2010
04/10
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FOXNEWS
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toyota has a new public relations nightmare.ke of the recall of more than 8 million vehicles there is new evidence the company dragged its feet before addressing the problems. senior correspondent brian wilson reports. >> reporter: irve miller was a toyota public affairs vice president, 30-year president of the company a few days short of retirement when he wrote an e-mail to japanese counterpart on january 16 of this year. i hate to break this to you but we have a tendency for mechanical failure and accelerator pedals for a certain manufacturer on certain models. we are not protecting our customers by keeping this quiet. the time to hide on this one is over. we need to come clean. noting they were about to meet with the officials from the highway safety administration miller added we hope they can get ntsa to work with us in a workable solution that doesn't put us out of business. it was discussed with several japanese executives and say the pedal issue shouldn't mention because it might "raise uneasiness of customers." that is
toyota has a new public relations nightmare.ke of the recall of more than 8 million vehicles there is new evidence the company dragged its feet before addressing the problems. senior correspondent brian wilson reports. >> reporter: irve miller was a toyota public affairs vice president, 30-year president of the company a few days short of retirement when he wrote an e-mail to japanese counterpart on january 16 of this year. i hate to break this to you but we have a tendency for mechanical...
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Apr 6, 2010
04/10
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WBAL
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the president of toyota tried to explain what led to the defect in several vehicles. >> [unintelligible] >> the fine is all about being too slow. the agency says it has proved that toyota failed to live up to its legal obligations. he says they knowingly hid a dangerous defect four months from u.s. officials, and did not take action to protect millions of drivers and their families. in a statement, a toyota did not indicate if it would contest the fine. they said we have already taken a number of important steps to improve our communications with regulators and customers as part of our strengthened overall commitment to quality assurance. >> two has a couple of weeks to contest this fine, which would be the largest civil penalty the government has ever given a car company. wbal-tv. >> coming up, how someone could be harming your help. >> a new study finds b ring ring ring ring. progresso. i reached my weight goal thanks to you so i am ready to get back out there. alright. that's great. congratulations. it was pretty easy with the soups you make. i want to thank you for 100 calorie hearty chicken rotini. well, it's not just me. humble. i like that. th
the president of toyota tried to explain what led to the defect in several vehicles. >> [unintelligible] >> the fine is all about being too slow. the agency says it has proved that toyota failed to live up to its legal obligations. he says they knowingly hid a dangerous defect four months from u.s. officials, and did not take action to protect millions of drivers and their families. in a statement, a toyota did not indicate if it would contest the fine. they said we have already...
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Apr 25, 2010
04/10
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WJZ
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. ♪ [ male announcer ] over the past 50 years, toyota has been proud to be a model of quality car makingbut recently, the safety of our cars and trucks has come under question. and at toyota, this is something we don't take lightly. that's why we're making fundamental changes inside our company, to communicate with customers better, and respond to their needs faster. in addition, we're currently spending over a million dollars an hour to enhance the technology and safety of our vehicles. the result? our comprehensive star safety system is now standard on every vehicle we make. ♪ don't get us wrong, we know actions speak louder than commercials. but just know, your safety will continue to be a top priority in any, and all of our decisions. ♪ >> couric: if there were a drug that would make you smarter, would you take it? today, an increasing number of healthy people are using drugs without a prescription as a way to improve their mental function. it's called neuro-enhancement, and if you want to find someone who's trying it out, just visit a college campus. that's where a surprising number
. ♪ [ male announcer ] over the past 50 years, toyota has been proud to be a model of quality car makingbut recently, the safety of our cars and trucks has come under question. and at toyota, this is something we don't take lightly. that's why we're making fundamental changes inside our company, to communicate with customers better, and respond to their needs faster. in addition, we're currently spending over a million dollars an hour to enhance the technology and safety of our vehicles. the...
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Apr 13, 2010
04/10
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WRC
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toyota has sold 5,000 of the suvs in the first three months it's been available and the 460 is not one of those vehicles covered under the gas pedal recall. this is a totally separate issue. "consumer reports" has given the 460 a rare don't buy safety risk rating and until the problem can be rectified. as you can imagine, quite a talker today and toyota is doing its best to fix the problem and quell the fears. >> thank you. have a great day. see you tomorrow. >> see you then. >>> we have long known about the dangers of lead paint, especially its health impact on children. the paint is known to cause neurological and behavioral disorders. now the environmental protection agency will require contractors be trained on how to contain lead paint found in older homes and buildings and likely cost you more. liz crenshaw has details. >> when we moved into this house, i wasn't really aware of the lead problems. >> amy davies is having her bathroom renovated. her home was built in 1936 so it falls under a new rule issued by the environmental protection agency. starting april 22nd, any home or ch
toyota has sold 5,000 of the suvs in the first three months it's been available and the 460 is not one of those vehicles covered under the gas pedal recall. this is a totally separate issue. "consumer reports" has given the 460 a rare don't buy safety risk rating and until the problem can be rectified. as you can imagine, quite a talker today and toyota is doing its best to fix the problem and quell the fears. >> thank you. have a great day. see you tomorrow. >> see you...