Greedy corporations
Toyota’s troubles continue to worsen. After being ridiculed for the past several weeks as producing “deathtraps”, leaked corporate memos are now beginning to appear.
The New York Times today reported that in 2009, Toyota knew about the unintended acceleration issue. The company saved themselves $100 million by limiting the recall to only the floormats of 2007 Camry’s and ES 350s.
In other words, Toyota looked to help their bottom line by sacrificing their goal to always “do the right thing.” It appears that not only did Toyota cost themselves billions by doing a much larger recall now, they’ve also lost much of the credibility they used to have.
You go TOYOTA!!!
I like how we all fell into the stupid trap…don’t blame Toyota for doing what American companies have been doing for years and covering up their traps. You can’t play with the Big Boys unless you learn their ways…that’s all Toyota did!
My own opinion is that the ONLY thing that will bring a company down is GREED!!! POWER AND MONEY CORRUPT ABSOLUTELY!!
It’s the thing that brought down Enron, GM, Ford, Toyota…next will be everyone’s favorite airline Southwest followed by the next Toyota of the skies…Lufthansa…Apple (SJ is a goner and with that falls the company, and it can already be seen in the iPad).
Don’t pretend like you’re not going to buy a Toyota after this, and if you say…well I’m going to buy a Honda instead…read this: http://www.csmonitor.com/Money/2010/0210/Honda-recall-airbags-Recall-expands-to-another-438-000-vehicles
They’re all the same and it’s because of us: we want the best, but don’t want to pay for it or live with the consequences of the best…leading to corruption through money and power. I love America, but stop putting blind-folds on and understand that no one is perfect (e.g. Tiger Woods), and when enough money/power is flashed in your face, you will cave just like everyone else. No matter how perfect everything “thinks” you are.
And I’m done my rant
-CW out
I don’t think you can justify Toyota’s actions by saying that’s what other companies do. This problem is the result of their massively fast growth; a company one controlled by family pride has been taken over by greed.
On the bright side, I think Mr Toyoda has what it takes to get the company back on track.
I don’t want Toyota to become like the old GM.