If I was China I would be buying every Toyota in sight, this way I might have a scapegoat for the nearly 700 traffic fatalities that occur each day. This is not just a part of the old stereotype that the Chinese can’t drive, the fact is that the Chinese are just horrible drivers. Accounting for 20 percent of the worlds traffic fatalities with just over two percent of the world’s cars is hard damn work.

Following his browbeating in front of congress this week, Akio Toyoda, President of Toyota, will travel to China Monday in the hopes of salvaging some of his company’s “face” in a market that Toyota had struggled in before the massive recalls of 2009. [Read more…]