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Wednesday
Feb032010

Transportation Secretary Says to Stop Driving Recalled Toyotas

DateWednesday, February 3, 2010 at 12:04PM

Transportation Secretary Ray LaHood made the comment today to stop driving recalled Toyotas.  As the owner of General Motors, would it be too cynical to think that there is a small ulterior motive in being especially harsh on Toyota?  Probably.  These days, you can never be too cautious, and the government is just making sure it covers all of its tracks.  At any rate, the conspiracy theorists will likely be all over this one.  TM shareholders have been getting crushed lately.  As shown below, the stock is down from $92 to $72 in just a couple of weeks. 

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Reader Comments (1)

I dont think they are being harsh on purpose, there is a safety issue and if more accidents keep happening, something needs to be done.

February 3, 2010 | Unregistered Commentersfgirl

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