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Akio Toyoda agrees to testify before Congress

Toyota President Akio Toyoda, only one day after saying he would not testify before Congress, changed his mind and said moments ago that he will accept the "invitation" to testify Wednesday before the House Oversight and Government Reform Committee.

“I have received Congressman Towns’ invitation to testify before the House Committee on Oversight and Government Reform on February 24 and I accept," Toyoda said in a statement. "I look forward to speaking directly with Congress and the American people.”

This represents a big get for committee Chairman Ed Towns (D-N.Y.) and, more to the point, ranking minority member Darrell Issa (R-Calif.), who has been pestering Toyoda to come before Congress.

“We are pleased Mr. Toyoda accepted the invitation to testify before the committee," Towns and Issa said in a joint statement. "We believe his testimony will be helpful in understanding the actions Toyota is taking to ensure the safety of American drivers.”

Toyoda, grandson of the company founder, said Wednesday that his North America president would be a better choice to testify before Congress, and declined Issa's invitation.

Evidently, the growing public pressure changed his mind.

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By Frank Ahrens  |  February 18, 2010; 6:08 PM ET
Categories:  Congress , Corporations , The Ticker  | Tags: Akio Toyoda, Toyota problems, Toyota recall update, toyota, toyota recall model and years  
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Will to"Yoda" tell them to use the force...maybe he can use it on a few congressman....

Posted by: djp98374 | February 18, 2010 6:44 PM | Report abuse

At the rate their vehicles are falling apart he might be back in front of Congress on numerous occasions

Posted by: shipfreakbo214 | February 18, 2010 7:33 PM | Report abuse

Boy is he in for a big surprise because these sterling elected officials are looking for a way out of the fiscal mess they have created. Oh yes, they are not very nice people either, well not people actually, they are politicians.

Posted by: zendrell | February 18, 2010 7:56 PM | Report abuse

Moms-to-be in the 9'th month of preganancy take note. Naming your son "General Modors" might ensure a promising future - if GM's around 40 years from now.

Posted by: douglaslbarber | February 18, 2010 8:03 PM | Report abuse

i think this all Toyota story is a good thing for all American and German cars.i was going to buy a new Toyota but now i m going to buy a GM or a wolswagen.

Posted by: jeanbarre | February 20, 2010 2:27 PM | Report abuse

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