poopshovel wrote:
Uh. Did you read the "Toyota: Illusions Of Trust, Gone" thing in the last link? Seems like less "info" and more "I'm going to hop on the witch-hunt bandwagon."
Maybe I'm out of the loop, but last I heard, there were only ~100 complaints filed w/Toyota, for however many (tens? hundreds? of thousands of cars) are "affected." Wonder how many of those are numbtards who got the accelerator pedal stuck under the floormat, or are simply using it as an excuse for why they ran a redlight or rear-ended somebody.
Not being rhetorical, or a smartass, I really don't know the answer.
There's another side of this, where "overquality" is a problem. Remember last year when we were all arguing over the GM bailout? I posted some data that I got from the annual reports from both GM and Toyota.
The basic comparison was that for roughly the same number of cars in the world, GM's gross income was roughly $90B less than Toyotas, and gross cost, Toyota was roughly $60B more than GM. Good for Toyota in terms of selling a product at a very high cost, but bad for Toyota that the cost of the car was so much.
Basically, the article above points towards Toyota's "overquality"- which is good in terms of selling a product at an overly competetive price. But can be very, very bad if the price goes down for any reason. It appears that the article claims that Toyota has been working on this cost per unit for a long time, and they (by their own financial records) still are very high cost producers of the very high volume cars.
So, "overquality" is good when you set the market price- as you can get the customers to pay for that. But is very bad when there's any significant down market, OR any market force that lowers the value of the car to the customer (either through better competition or bad news).
This is going to be interesting to see what happens- even without this current issue, I was expecting Toyota to be in a big world of financial hurt with the 15-25% drop in the automotive market (last year, and probable projections). They need to sell a LOT of cars to pay for the cost.
Hmmm....
E