Company growth to blame for recalls, says Toyota president

Updated



Toyota's president has admitted that aggressive growth was probably to blame for the technical problems which led to the firm's unprecedented global recalls.

Akio Toyoda will tell the US government's Committee on Oversight and Government Reform that the manufacturer had prioritised swift expansion over safety, and apologised for any accidents that Toyota drivers had suffered as a result.

In prepared testimony, Toyoda said: "Toyota has, for the past few years, been expanding its business rapidly. Quite frankly, I fear the pace at which we have grown may have been too quick.

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