Sec. of Transportation: Just kidding, drive your Toyotas.

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Feb 3, 2010 | 02:09 PM

Mich84

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Sec. of Transportation: Just kidding, drive your Toyotas.

Quote:

He said it was "obviously a misstatement" and apparently is falling back on earlier advice, which is that owners should take in their recalled cars for repairs when notified, but you can keep driving your car unless it shows signs of having a sticky accelerator pedal.

http://content.usatoday.com/communit...e-their-cars/1

Feb 3, 2010 | 03:06 PM

super83Z

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From: City of Champions, MA, USA

Quote:

If the cars are dangeous enough that they can't be sold, how could owners still be fine driving them?

Feb 3, 2010 | 03:28 PM

Sixer-Bird

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From: Coppell, Texas

grabbing popcorn, this is getting so good. On Autoline After Hours, they mentioned that Thomas L Friedman must be losing some sleep over all of this.

Feb 3, 2010 | 03:48 PM

Z28x

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From: Albany, NY

Quote:

Originally Posted by Sixer-Bird

On Autoline After Hours, they mentioned that Thomas L Friedman must be losing some sleep over all of this.

, in another book, the author Stephen Leeb said that Toyota stock is a good buy in a world of high oil prices because they make the Prius and American car companies are old dinosaurs.

It was Feb. 2007 that that book came out. Since then Toyota stock has gone from ~$135 to $73, investors took a 46% loss. In that same time period Ford has gone from ~$8 to $11.5 , investors made a 44% profit.

Funny how quickly things can turn around.