Whatever deficiency there is or isn't in the pedal will be a design deficiency by Toyota. The length of the pedals they are cutting 3/4" off of, the materials used in the hysteresis mechanism to set the feel of the pedal, the pivots and springs are all set by Toyota and were all to spec by CTS in my opinion. The "fix" is little more than putting a shim under the return spring and won't solve the unintended acceleration issue. The problem is, again in my opinion, actually several problems in combination with a general disregard of the magnitude of the whole thing. The biggest issues are not in the pedal at all and again it is simply my opinion. They are going in front of congress Feb 10th and 26th and going to get a grilling unlike anything they have ever experienced before. They will have a scrutiny of how they have handled the 6 prior investigations that will be terribly unflattering and will show an arrogance and uncooperativeness and deceptiveness that will tarnish their image terribly. When it's over and they finally behave more responsibly and contrite, buy the shares cheap since it is a well run (except for this) and profitable company. Full disclosure: I have put options on TM now and intend on getting call leaps or shares later.
Best Of |
Favorites & Replies |