Toyota apologises for its focus on growth

TOYOTA chief executive Akio Toyoda will admit today to US lawmakers that the car manufacturer’s lack of priorities and focus on growth resulted in the recall of 8.5m vehicles worldwide.

Toyoda said in his written testimony released yesterday that Toyota had “pursued growth over the speed at which we were able to develop our people and our organisation”.

He is expected to testify today in front of Congress, telling the US House Oversight and Government Reform Committee that Toyota will improve quality control.

Toyoda said that Toyota’s priorities became confused and, as a result, the company had not listened to customer complaints and was unable to make improvements as it had previously done.

He said: “I regret that this has resulted in the safety issues described in the recalls we face today, and I am deeply sorry for any accidents that Toyota drivers have experienced.”

Executives from the carmaker, along with the US National Highway Traffic Safety Administration are also expected to testify.

Toyoda took the helm at the world number one carmaker last June.