Toyota's Savings

Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited
recall of floor mats in some Toyota and Lexus vehicles according to new documents shared with congressional investigators.
The document cites millions of dollars in other savings by delaying safety regulations, avoiding defect investigations and
slowing down other industry requirements. The worlds largest automaker has been criticized for responding too slowly to
complaints of sudden acceleration in its vehicles, and it's threatening to undermine it's reputation for quality and safety.
This raises questions on " whether Toyota was lobbying for less rigid actions to protect their bottom line.  By August of
2007, the government had connected the problem to a dozen deaths and a survey of 600 Lexus owners showed that 10 percent
reported sudden or unexpected acceleration. A recall in September 2007 was limited to 55,000 Camry and ES350 vehicles to
replace the floor mats. In October 2009, Toyota issued its largest-ever U.S. recall, involving about 4 million vechicles,
about concerns of pedals getting stuck in floor mats. As you know, in 2010 Toyota finally came up with a solution to the
problem of stuck gas pedals and took actions to correct the prOblem