Toyota: 'This Is a Major Crisis'

In his first press conference since recalling millions of cars, the president of Toyota, Akio Toyoda, apologized to drivers for the “major crisis” and said the “safety of customers is vital.” The company is now considering issuing a recall for its Prius model due to a brake defect. In addition to a recently launched investigation into the Prius brakes, the automaker is now launching a probe into the Lexus HS250h, a luxury hybrid model in Japan. The car uses the same brake system as the Prius. No complaints have been filed for the Lexus HS250h, and the investigation is to ensure safety, a Toyota representative said.