of blame to go around. turns out the japanese automaker with a sterling reputation has had its share of manufacturing defects in the past and federal regulators failed to crack down. some toyota owners have been in rebellion as they say the company ignored their repeated reports of problems involving both those brakes and the more serious issue of uncontrolled acceleration. the national highway traffic safety administration says it received some 2,000 complaints, and this is for the sudden acceleration dating back to 2004. the national highway traffic safety administration is investigateing to situation. but it turns out the agency was warned back in 2008 about accelerator problems in other toyota models. they did nothing. one question las gone largely unanswered in the debacle, where were the media? did they give the company a pass for the safety issues over the years? why did journalists pay so little attention to the toyota investigations by the national traffic highway safe
preferred package. good choice. only meineke lets you choose your service, choose your savings. like an oil change for just $19.95. meineke. adding up the cost of toyota s troubles. the recall involving millions of vehicles is sure to put a dent in the company s bottom line. then there s the damage to toyota s reputation and lawsuits. boy, cnn s ines is joining us with details. why don t we do this. why don t we start with the cost of repairs. what is toyota looking at here? toyota thinks it s going to cost about $2 billion. that this means recalls for the accelerator problems, also sale losses and the decrease in value
in jail for throwing snow balls. the james madison students targeted a city plow during the blizzard. the driver called the police who responded in an unmarked car that the two students reportedly then pelted with another frosty fuselage. the two were charged with, quote, throwing missiles at occupied vehicles, a felony. they could face between 1 and 5 years in prison and a fine of $2,500. toyota is recalling almost half a million prius vehicles and other hybrids because of a glitch that has led to some accidents. senior correspondent brian wilson reports it s the latest dismal news in a depressing stretch for the world s largest automaker. as toyota deals with its recall on the braking system for the popular prius and its lexus sister the hs-250 h, questions are being raised about whether the u.s. government set on toyota s accelerator problems too long. state farm insurance revealed today that it alerted the
movement in the carmakers today. as toyota takes its lumps for continued problems they keep announcing. gregg: it gets worse day after day, and keeps on coming for toyota. the automaker announced more recalls, this time braking issues, forcing the recall of about 400,000 toyota and lexus hybrid vehicles, worldwide. and while toyota may be feeling the heat. it is hard the only company forced to recall its vehicles, brian wilson is live in washington with more, sounds like the problems continue to mount for toyota this morning. reporter: let s recap here, first it was rusting truck frames and then floor mat an accelerator problems and now, they have braking problems on the prius and the lexus hs-250-s and adds 150,000 toyota vehicles to previous recalls, and congress want to know if the national highway safety administration moved quickly enough on concerns about toyota. state farm insurance says it
accelerator problems in other toyota models and they did nothing. they said they failed to investigate because of limited resources. toyota has since recalled about 8 million vehicles because of accelerator problems. for more, let me bring in david lazarus, business columnist for the l.a. times. mr. lazarus, how have they managed this? i know have you a column coming out on this. the dos, the donts, what have they done well and not done well? the list of things they ve not done well is voluminous. i ve spoken with a lot of crisis managers about specifically toyota but generally how you handle these things. toyota has fumbled the ball straight down the line. look, here s the bottom line from crisis managers. when you have a problem, step up quickly, tell every one especially customers what you know and what you don t know, and for goodness sakes, never,