Toyota is in a world of hurt. Analysts estimate the automaker’s contingent liabilities top $5 billion. It will be 15 years before the class-action hounds let go.
It is easy to criticize Toyota’s handling of sudden acceleration complaints, but no issue this complex is one-sided. What Toyota has done wrong — and the wrong others have done to it — bear study.
Toyota sat on allegations that could not stay quiet. Its officials continued delaying even after the dike started cracking.