Prius recall weighs over Toyota – answers
true/false
- Toyota shares went down a little on Monday. T: ‘edged down-wards’
- Toyota have recalled all Prius hybrid cars. F: this hasn’t happened yet, it ‘looms’ – is going to happen soon
- Quality control within Toyota is still excellent. F: they are conducting an external review, so this cannot be the case
- Toyota is afraid the recall will grow larger. F: this is the fear of the car dealers
- Other hybrid models have also been recalled. F: this is being considered
- Cars have been recalled because of problems with their brake systems.T
- Toyota lost billions of dollars following the global financial crisis. T: ‘in the wake of the global financial crisis’
- Toyota’s market value has dropped by 20%. T
- Toyota’s brand image is unlikely to suffer. F: it will suffer on top of the financial losses
- Shares today in Toyota are 60% lower than three years ago. T: in Feb 2007 shares peaked at 60% higher than today