Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 250

Posts Tagged ‘term’

Toyota’s Quality Issues

Posted by fidest press agency su sabato, 20 febbraio 2010

Any timid hopes that the automotive industry was making its way out of the woods have been dashed with the latest loss in consumer confidence arising from Toyota’s biggest recall in its 70-year history. The recall of over 8 million vehicles over sticking accelerator pedals, and further problems with loss of braking on the latest Prius, Lexus HS250 h and the Sai models will likely cost Toyota a total of 80 –100,000 cars in lost sales to other vehicle brands in the first half of 2010, as sales of its 8 recalled models and the Prius suffer a slowdown.   Adding fuel to the fire is today’s press conference announcement by company president Akio Toyoda that the company is considering a recall of the Corolla, the world’s best selling car. In the longer term, Toyota faces tremendous publicity damage.  Owners worry about loss of vehicle re-sale value and confidence in the brand as representing safe and reliable cars has plummeted. In response, Toyota is trying to shift some of the blame onto suppliers, while repairing all affected models. As part of its damage control campaign, dealerships are open longer, television campaigns re-iterate the strong quality record of the company and the company has used an outright apology combined with a commitment to fix things.  Despite these efforts, it remains to be seen how the whole issue will affect the long-term performance of the company.  This is especially true as other carmakers, including Honda and Ford, increasingly face recalls. Toyota upped its vehicle forecast for the fiscal year ending March 2010 from 7 million to 7.2 million units in February and is trying to comeback strongly in March with strong incentives, including a $1,000 discount in addition to existing loyalty cash incentives for returning Toyota owners. The company also plans to offer free oil changes, regular services and match Hyundai’s 10 year powertrain warranty program. “With an anticipated slowdown in demand due to scrappage incentives coming to an end in most developed markets, we wait to see if the recalls affect overall consumer confidence and purchase behaviour, thus slowing down the market recovery further,” says Chandran.
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Global hunger among schoolchildren

Posted by fidest press agency su martedì, 21 luglio 2009

London-  The former Ghanaian president, John Kofi Agyekum Kufuor, has today been  named a Global Ambassador against Hunger for the United Nations World Food Programme (WFP).  He joins an elite team of celebrities, sportsmen and statesmen  in stepping forward to advocate on behalf of the world’s poorest and hungriest people. WFP  Executive Director Josette Sheeran said that with the number of hungry people  in  the world expected to top one billion this year, John Kufuor is bringing  WFP  critical  support  at  a  crucial  juncture.  She added that Ambassador Kufuor  will  emphasise  the need to provide good nutrition for children in school. With  renewed attention focused on the issue of global food security, JohnKufuor  will  also  help  to underline the importance of fighting hunger on several  fronts  –  by investing in long-term agricultural development, but also  by funding WFP’s work in tackling urgent hunger needs and helping the hungry poor to access affordable and nutritious food. WFP  Ambassadors  against Hunger demonstrate commitment to the global fight against  hunger.  They  reach  out  to world leaders as well as the general public, using their talent, skills and public persona to generate awareness and  support  for WFP. John Kufuor joins a powerful team of WFP ambassadors including sporting legends such as the marathon runner, Paul Tergat and the footballer,  Kakà;  former  U.S. Senator, George McGovern, and the actress, Drew Barrymore. Key facts about WFP School Meal programmes: 66 million children go to school hungry each day – This is largely due to an increase in overall global school enrollment, and the food and financial crises have increased the ranks of the food insecure/undernourished. Approximately 70% of the 66 million are concentrated in ten countries (India, China, Democratic Republic of the Congo, Bangladesh, Indonesia, Pakistan, Ethiopia, Afghanistan, United Republic of Tanzania, Philippines). WFP calculates that US$3.2 billion is needed per year to reach all 6 million hungry school age children. US$1.1 billion would allow WFP to reach the 22 million children in Africa. Every year WFP feeds more than 20 million children in school meal programmes in some 70 countries. In 2008, WFP fed a record 23 million children. Over the past 45 years, 42 countries have taken over the responsibility from WFP for school meal programmes.

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