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Transcripts For BBCNEWS Business 20240618

scandal involving not just toyota but toyota, honda, mazda, suzuki, yamaha motor, whole number of companies there. so i imagine this will be the main topic of the meeting. there may be some questions about keeping costs under control, the effect of the weak yen, perhaps the decline in demand for electric vehicles, but really they are going to be tackling this problem head on. i just wanted to say on that point, how do you feel that controversy is likely to impact the company, short and long term? i think, short term, we can t deny the news of what has happened here, but i think it needs to be put into context. we don t actually have any cheating going on here. this is really somewhere between the bureaucratic way the japanese test cars, and actually being driven by one of the ministries, excuse the pun, and the way the press reported this. so what we re talking about here is actuallyjust the difference in a way between the way the domestic cars are tested, because in japan, d

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Transcripts For BBCNEWS Business 20240618

in tuesday s hearing in front of a senate subcommittee, mr calhoun plans to speak directly to the families of the 346 people killed aboard two boeing flights more than five years ago. according to his prepared remarks, mr calhoun expects to speak directly to the family of the people killed. he will also express regret about a january incident that led to a door panel blowout mid flight aboard a 7a7 max 9 aircraft, as well as gratitude there were no fatalities. mr calhoun had served as president and ceo of boeing since january 2020. he plans to tell senators he understands the gravity of boeing s responsibility to uphold aerospace safety and that the company will take action to ensure its safety standards are met and will hold itself accountable. but he will be asked to answer for the company s failures, including criticism that the company put profit over safety. a recent meeting between boeing executives and the united states chief aviation watchdog ended in a plan for syste

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