Toyota May Need a Long Time to Fix This Costly Dent


Toyota Motor's (TM) once-solid image has taken some hits in recent months, but the company's decision to not only recall but halt production and sales of eight popular models will cause serious damage that won't easily be fixed. Toyota made the announcement on Jan. 26 after research into reports of unintended acceleration in certain models traced the problem to faulty accelerator mechanisms, which resulted last week in a recall of some 2.3 million cars in the U.S.