The US administration is looking to come up with new automotive ratings that will be based on fuel economy and greenhouse gas emissions The Obama administration intends to provide a letter rating between A-D based on fuel economy and emission levels of automobiles

Most people believe that we are operating in one global village that is backed with global marketing phenomenon And if we are indeed living in one large global village, then the barriers of countries should not be a part of the market dynamics

Things just do not seem to be working Toyota’s way After a concerted effort by Akio Toyoda and his top management to win over the detractors and their subsequent apology to the US Congress, it appeared for a while that Toyota may have finally found its foothold amidst the ongoing crisis

This is the most logical question that anyone and everyone has on their minds Is the auto industry out of the woods

Past 4 weeks have been tough for Toyota and the auto industry as well The recall notices that have impacted 8 million vehicles have been unprecedented in the history of auto industry

The Geneva Motor Show has indicated that there is a strong interest for the greener cars across the Globe Almost all the companies are gearing towards a green future

Japanese people are known the world over for their hard work, sincerity and commitment to their industry and country Akio Toyoda’s initiatives to mitigate the impact of recent recalls and his apology to Chinese public and US Congressional Committee should be seen in the light of efforts being made by the Group to resurrect the brand of Toyota

Inspite of the recent fiasco of Toyota’s massive recall of the hybrid vehicle, Prius, the owners of Prius have actually given a thumbs-up to the car This is an indicator of customer interest in adopting newer and greener technologies across the world

Toyota’s recall notices have not gone down too well with the automotive world, and the customer confidence is at an all time low for the brand Toyota And this perception has also hit other Japanese manufacturers like the Honda

The automotive world is beset with recent issues of recalls by Toyota It must be appreciated that until now all the Japanese manufacturers have had a smooth running with all their products so far and issuing a recall notice for millions of cars in itself signifies a solid commitment to the consumer cause