Message from rhitlin

#29327
Anonymous
Guest

In our session on Japan we spoke about the success of Japanese car industry. The Los Angeles Times reports today, however, that "news that the preeminent icon of Japanese industry, Toyota, has halted U.S. sales of eight popular models because of a design defect -- after issuing recalls of 7.6 million cars and trucks in the U.S. in the last few months -- has had a sickening effect on the national psyche." This news may have a negative effect on the Japanese economy which is already reeling.