During an internal Toyota (TM) government relation meeting in July 2009, Yoshimi Inaba, chief of Toyota’s North American operations, presented a document that stated. “Saved 100M+, w/no defect found,” the document states under a section labeled “Wins For Toyota—Safety Group.” Toyota saved more than $100 million by negotiating an agreement with U.S. safety regulators that led to a limited “equipment” recall of Camry and Lexus ES350 vehicles.
Toyota first blamed incidents on floor mats, instead of a potentially more costly defect with the car itself. In August 2009, the month following the presentation in which the Inaba boasted of saving $100 million over a full recall, a family of four was killed in a Lexus with its gas pedal stuck under a floor mat. Toyota vehicles are known for safety and value; however this “smoking gun” document, portrays Toyota as putting profits over safety.
If you own a recalled Toyota or a Lexus, and have been injured due to the accelerator defect, please contact M&A Law toll-free at 1.866.789.1664, and speak with a products liability attorney concerning your Toyota’s safety.