Reuters, the international news agency based in London, England and with bureaus around the globe, has broken many of the ongoing components of the ongoing Toyota crisis.
Reuters was the first to report the recall of the top-selling Prius this week and the news service has been on the competitive edge of the ever-fluctuating automotive industry story since 2000.
With Toyota’s recall now of nine of its vehicles, Camry to Corolla, Lexus to Prius, Reuters has posted a piece its calling: “Timeline: Toyota’s rise and run-up to its recall crisis.”
It begins in 2000 when it reports Toyota launched program known as “Construction of Cost Competitiveness for the 21st Century.” Its aim was to cut costs of 180 key car parts by 30 percent, saving nearly $10 billion by 2005.
The dateline is current with the latest in the series of Toyota recalls.
Here’s the link: Toyota Timeline
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