Spotlight: Toyota's Recall

The damage done to Toyota by its recall of more than 5.3 million autos is accumulating: U.S. sales dropped 16% in January, and the company's stock surrendered $21 billion of value in a single week. The U.S. Department of Transportation (DOT) threatened the company with fines for being slow to react to the problems--a pair of faults that can cause sudden, dangerous acceleration--even though the DOT has been criticized for the same reason. Lawyers, who are never slow to react, are swarming. One class action alleges that jammed accelerators on Toyotas have caused 16 deaths and 243 injuries. Customers who once...

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