Toyota's quarterly profit slides 39% as strong yen bites
Local Japanese News In English
Toyota Motor Corp on Tuesday reported a 39% slide in quarterly profit but raised its full-year forecasts for earnings and car sales as business booms"¦
Source: cleanup
I heard that Toyota was using cheap quality parts and that was the issue. I heard rumors that the brakes in the Highlander were also very poorly built as well and I can confirm that my father's Highlander's brakes broke. I think they solved the issues and I think Toyota is the best option for people because American made cars are not that good.
The report says that they find no electronic glitches, but from what I have heard in Japan the thought is now around physical issues with the braking system. Pedals that stick and floormat interferences.