TOKYO — Toyota's president, Akio Toyoda, offered several steps Wednesday aimed at restoring trust in the embattled Japanese automaker, including installation of a new brake-override systems in future models and quicker disclosure of defects.
Some states allow the seller to sign a waiver or disclaimer statement rather than require a full disclosure of all known defects.
As DRM creeps into products that we literally entrust with our lives, we absolutely cannot afford to have structural impediments to the speedy disclosure of information about defects that make those products unfit for use.
Both the House and the Senate versions of the bill demand public disclosure of early warning data about defects, which should encourage drivers to report safety problems.
For example, our data support the claim that courts are more likely to require disclosure of latent, as opposed to patent, defects.
As part of a $70 million settlement with federal regulators, Fiat Chrysler said on Thursday that it would overhaul its operations to ensure disclosure of deaths and injuries tied to potential defects in its vehicles.
In 2010, when Congress learned about the Toyota Sudden Unintended Acceleration safety defect, I wrote an amendment to require the public disclosure of documents about fatal accidents that could have been caused by safety defects.
Last week, GM and I reached substantial agreement on a modified version of the legislation I introduced with Connecticut Senator Richard Blumenthal that will ensure the public disclosure of information about fatal auto accidents that might have been caused by safety defects.
But even as its sales have soared, the company has delayed recalls, kept a tight lid on disclosure of potential problems and attempted to blame human error in cases where owners claimed vehicle defects.
3.06 Disclosure of Academic Honors Information for Limited Purposes.
