Report: FBI Raids 3 Toyota Plants in Detroit

Wish I had the money right now to get a toyota. I'm honestly not that worried about the recall issues and I could use it as leverage to get it cheap. oh well.

It's a car manufacturing facility; what the hell would they raid it for? Drugs and prostitutes? I hardly think that's the case!

I think you are confusing FBI with DEA hollowtek...

That CEO is a real Samurai!

Why isn't anyone reporting on the conflict of interest here. The "owner" of Toyota's largest competitor has the authority to go on this witch hunt and I think it is fair to question their motives. Is the federal Government going after Toyota to boost GM sales?

Poor Toyota, no one will give them a break.

I love my Yaris.

So this is how they're going to bail out GM!!!

Man, that sucks. I don't remember Firestone ever getting this much attention, and their faulty tires actually killed more than 2 people.

Wait until the FT-86 is released !!!! Toyota will make a killing on it, and any lost revenue will be hindsight. Plus I'm

Wait until the FT-86 is available in 2012, any losses due to Toyota's current problems will be diminished by their profits. I cant wait, plus I'm excited to see what other manufacturers have in mind to compete with the 86.

They prolly looking for documents saying something like "yeah, we know they're faulty, so?" and claim with big red letters: "THEY KNEW, BUT DIDN'T DO ANYTHING" and get more GM sales.

Cheers!

Ya, this is going a bit far. Theres been plenty of other recalls from car manufacters for just as bad if not worse problems then this. Didn't hear about any raids then.

Just to add a bit more. I'd rather have my accelator stick *mm neutral+turn off engine=win*,* brakes sluggish .. Then have my tire tread fly off while driving down the road. Just saying...

+1 on that

Toyota is getting exactly what they deserve. Anybody who thinks the US government is doing this because of GM is a moron. Toyota put profit ahead of people's lives. They admitted that in front of congress. I just don't see how anyone with an ounce of common sense has anything other than contempt for Toyota at this point. Make no mistake, they are in the game for your money by any means possible.

mcg75: After watching American corporations do it for years, they probably thought it was OK.

I'm betting that this is punishment for making better cars than the "big 3", and creating more American jobs(Toyota 90% American parts, Ford & GM 50% American), rather than outsourcing assembly lines to Mexico like the American car makers.

Also, this recall coverage in the media is ridiculous compared to what Ford and GM get for their shenanigans, Toyota still has superior quality and safety. My next car will be a Toyota.

Toyota & Honda = FTW

"big3" = epic fail

Hey Lineworker, I actually drive a Honda.

But I'm not dumb enough to think that a company built for profit will always have my best interest at heart.

Blame domestic companies all you want, the fact is Toyota has been like them all along. They were just better at hiding it till now.

This is beginning to seem like a ploy to destroy Toyota's image to bolster sales of the big 3.

I think people in Kentucky aren't too pleased about all this though.

I heard they stuffed crack in the brakes, /Sarcasm

GEE! The headline threw me off. I didn't know Toyota had 3 plants in Detroit. Then I discover the article is about auto parts suppliers.

So what point are you trying to make? That you hate all for-profit companies?

What a useless rage post...

Yup. Imo, you probably have a MUCH greater chance of getting hit by a drunk driver than getting killed by an accelerating car. At any rate people are just stupid. Put it on neutral and bring it to a slow stop! Also, the media is overhyping this and blowing it out of proportion.

Hmm.... last time I checked, insurance companies care more about profit than covering people's insurances properly....

PS: correction to my previous post: "getting killed by an *accidentally* accelerating car.

Toyota wanted to be the biggest car company in the world like the big 3 in the US, well with the anti-trust, recalls and bad media i guess they are just like the big 3 afterall except for ford, ford is untouchable...

Does anyone remember the article about how some stoves could be set off with some cell phones. My guess is that the evil corporation with their app heavy cell phone made an app that accelerates Toyota cars ... Must be in bed with the American car manufactures.

For all you conspiracy theorist about the federal government helping the big 3 and taking down Toyota try to think more down to earth. Not everyone is evil. I am not saying it is impossible I'm just saying that its Improbable. I am not a brand loyalist. I have never owned a Toyota. I don't think they are getting more attention just because they are Toyota. Firestone may have killed 2 people or whatever you say but who knows how many died because there breaks didn't engage before there was even a recall. Give Toyota a break but don't blame the big 3 or the federal government just because there easy targets.

It's a question of whether or not the federal government could possibly remain neutral with so much on the line with GM. Would it be fair to have Mark Cuban hiring referees to officiate Mavericks basketball games? No, it's a conflict of interest. The federal government has no business owning any private companies or competing with private companies yet here they are and because of it the question is being raised as to whether they are acting in the best interests of us, the consumers, or the best interests of GM.

News flash. We shouldn't be having this discussion in the first place. It's a serious problem that the federal government has an ownership in GM. Serious problem.

And actually on the topic, this is going to get worse for Toyota. One of the exec's for the US went on record today stating that they weren't sure if they had fixed all of the sudden acceleration problems. He also went on record stating that there was an electrical issue that could potentially cause unintended acceleration regardless of what gear you were in (even reverse) and, although would require extreme conditions to trip, is possible to re-produce. The re-call is going to eventually be expanded, Toyota is going to get destroyed by lawsuits (38 dead so far), and Toyota sales are going to flat line. They haven't hit rock bottom yet but they will.

I will probably buy Toyota stock once this ship hits the ocean floor. They won't be down forever and it'll probably be a great buy.

You do realize that in a modern computer controlled vehicle, you might not be able to turn off the engine OR put it in neutral, right? Software handles shifting, acceleration, etc. You're only feeding it suggestions.

As far as your sluggish brakes, that can be just as deadly as tire tread seperation. Especially given that when you end up in a panic stop situation (accident occurs up ahead, some lunatic cuts someone off, etc), you really need them to perform correctly. A delay could cost lives. Both Ford and Firestone took a lot of flack over the tread seperation issue, and it only occured on one chassis (both companies were at fault, by the way).

Also: If you're in traffic or in a parking lot and the throttle opens up and stays open, you may not have time to do much about it. I'm man enough to admit that if my engine roared, tires smoking, all I could do while caught by surprise would be to nail the brakes. That may or may not be enough to buy me time to try and do something else that will hopefully work.

Oh and if you can't put it into neutral, but you CAN turn the engine off, there goes your power steering and your power brakes. Hope you're not headed into a turn at a good speed, and I hope your e-brakes work (and work well) at those speeds. Normally e-brakes are only strong enough for a little drift work and to keep you from rolling down a hill.

Okay everyone... This FBI raid is totally unrelated to Toyota's recall issues.

The three Japanese part suppliers are under investigation for "Anticompetitive cartel conduct". The investigation is being conducted in cooperation with an investigation by the European Commission and other foreign authorities.

THERE IS NO CONSPIRACY HERE... It is fairly common knowledge in international business that Japanese corporations form very close partnerships with each other. Often these relationships are used to gain unfair advantage. In some cases, these practices can become questionable in the eyes of international law.

http://www.latimes.com/business/na [...] 3178.story