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Dates: during 2010-2019
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...think they offended the Democratic delegation in California," says Sean McAlinden, executive vice president of research at the Center for Automotive Research in Ann Arbor, Mich. The fact that Toyota had to deny persistent reports it was planning to move its U.S. headquarters out of Southern California didn't help. Then came the airing of a horrifying 911 call from a passenger in a Lexus ES 350 in California with a jammed accelerator. Four people were killed in the ensuing crash. "No politician is going to stand up and defend Toyota after that," says Jesse Toprak, vice president of industry...

Author: /time Magazine | Title: Behind the Troubles at Toyota | 2/11/2010 | See Source »

...troubles. But there is a sense of an opening to win some business, and a certain pleasure in seeing the spotlight of criticism focus on a foreign carmaker. "There was always this assumption in the mainstream media that Toyota was better," says a senior GM executive. "Hopefully this will help even things out a little bit. Maybe from now on, Toyota will be treated as just another car company...

Author: /time Magazine | Title: Behind the Troubles at Toyota | 2/11/2010 | See Source »

Officials in Washington and Virginia said they would press to have Obama declare a federal emergency, which would unlock FEMA funds to help with the recovery. Hoyer told reporters that Congress would consider providing federal disaster assistance to help the city dig out from the "historic" storm. (See pictures of London's crippling snowfall...

Author: /time Magazine | Title: Snow Is No Longer a Joking Matter in Washington | 2/10/2010 | See Source »

...when, in fact, Beijing will likely continue probing the bloc for weaknesses and division. He says the ban should only be lifted after Europe takes a long and hard look at its China policy. "If there is one good thing about China's strident tone, it has been to help the E.U.'s big countries realize that they cannot go it alone and they need a united front," he says...

Author: /time Magazine | Title: Should Europe Lift Its Arms Embargo on China? | 2/10/2010 | See Source »

...tackle its enormous budget problems on its own. Now, however, as fears of a default domino effect in Europe have shaken global confidence in the euro, the continent's major powers are changing their tune. Suddenly, the question is not, Will Greece need assistance? but, Who is going to help...

Author: /time Magazine | Title: Europe Talks Bailout Plan For Greece — and the Euro | 2/10/2010 | See Source »

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