Toyota president: We grew too big, too fast in the United States

By The Associated Press

NEW YORK — Toyota’s president says the automaker compromised quality by growing too quickly in the U.S., but it will take steps to improve quality control.

Toyota President Akio Toyoda will deliver the remarks Wednesday to the House Oversight and Government Reform Committee. The prepared testimony was released ahead of time.

The head of Toyota’s U.S. sales arm, as well as outside safety experts and Transportation Secretary Ray LaHood, are testifying before Congress on Tuesday.

Toyota’s president will tell Congress that the automaker grew too quickly in recent years, at times pursuing sales volume over safety and quality. He said the company plans to establish a quality center in the U.S. and hire an executive focused on product safety.

Watch the testimony live Wednesday.