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Old 02-08-2010, 11:32 PM   #1 (permalink)


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Off-topic Toyota is about to fall off a cliff....

Watching that ad they just released talk about how they "stopped production so they could make sure they fixed the problem" which they only did because the US Govt. made a special visit to Japan to demand it.

They say they have a "fix", when it's quite obvious on all fronts that they not only don't have a real "fix", that they don't even know yet what is causing thier problems.

They've made so many mistakes with engineering, design, marketing, PR, etc. that the hole they have dug now is about to get a lot deeper.

Here is what is going to undoubtedly happen:
Their "fixes" will not work, and there will be continuing issues. Worst case, someone dies again WITH the fixes already made in their car. If this happens, it's over, you can count on bankruptcy almost immediately. All faith lost, customer base gone and lawsuits will take what is left.

Best case - continuing issues but no one dies. Press will be all over EVERY single issue that happens, so Toyota will not be able to hide. Once it is clear that the cars that had the fixes done still had the problem, they will again have to shut down production, and will lose ALL respect with the public, and will fall behind even Chrysler.

In addition, as has been happening almost every few days, more recalls will happen on other issues.

All this is and will build up to a breaking point, sales will continue to plummet, and eventually the losses will be even more than the Japanese Govt. can keep up with. Say "Oh what a feeling - bye bye"

Sell Toyota stock short now, I think it will continue to tank.
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Old 02-08-2010, 11:33 PM   #2 (permalink)
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Probably because their cars can't stop....
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Old 02-08-2010, 11:35 PM   #3 (permalink)


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So glad I went with the Fusion. Thank God I didn't buy a Camry (not to mention it looks/feels like an old person's car)
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Old 02-08-2010, 11:35 PM   #4 (permalink)


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Quote:
Originally Posted by BleedGreen4ever View Post
Watching that ad they just released talk about how they "stopped production so they could make sure they fixed the problem" which they only did because the US Govt. made a special visit to Japan to demand it.

They say they have a "fix", when it's quite obvious on all fronts that they not only don't have a real "fix", that they don't even know yet what is causing thier problems.

They've made so many mistakes with engineering, design, marketing, PR, etc. that the hole they have dug now is about to get a lot deeper.

Here is what is going to undoubtedly happen:
Their "fixes" will not work, and there will be continuing issues. Worst case, someone dies again WITH the fixes already made in their car. If this happens, it's over, you can count on bankruptcy almost immediately. All faith lost, customer base gone and lawsuits will take what is left.

Best case - continuing issues but no one dies. Press will be all over EVERY single issue that happens, so Toyota will not be able to hide. Once it is clear that the cars that had the fixes done still had the problem, they will again have to shut down production, and will lose ALL respect with the public, and will fall behind even Chrysler.

In addition, as has been happening almost every few days, more recalls will happen on other issues.

All this is and will build up to a breaking point, sales will continue to plummet, and eventually the losses will be even more than the Japanese Govt. can keep up with. Say "Oh what a feeling - bye bye"

Sell Toyota stock short now, I think it will continue to tank.
Nice idea. Won't happen.
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Old 02-08-2010, 11:35 PM   #5 (permalink)


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Probably because their cars can't stop....
And think about how ironic it is that they have both recalls on cars that can't stop (brakes), and cars that accelerate out of control (gas pedal). Wait until some of the same cars that have brake recalls also have the gas pedal issue
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Old 02-08-2010, 11:36 PM   #6 (permalink)
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How will the anti-US car buying coasts respond? That's all that really matters in the long run.
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Old 02-08-2010, 11:37 PM   #7 (permalink)


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Nice idea. Won't happen.
They've had thousands and thousands of issues that they haven't fixed. It will only take ONE more issue on a car that has had the repairs done to send them into another, much larger, tailspin.

Unless they "magically" really did fix their issues....
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Old 02-08-2010, 11:37 PM   #8 (permalink)


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Probably because their cars can't stop....
For a few reasons

Toyota isn't safe at any speed and it may not be safe when not in motion
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Old 02-08-2010, 11:38 PM   #9 (permalink)
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Quote:
Originally Posted by BleedGreen4ever View Post
And think about how ironic it is that they have both recalls on cars that can't stop (brakes), and cars that accelerate out of control (gas pedal). Wait until some of the same cars that have brake recalls also have the gas pedal issue
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Old 02-08-2010, 11:38 PM   #10 (permalink)
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Hahaha **** you Toyota!
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Old 02-08-2010, 11:39 PM   #11 (permalink)


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Quote:
Originally Posted by BleedGreen4ever View Post
And think about how ironic it is that they have both recalls on cars that can't stop (brakes), and cars that accelerate out of control (gas pedal). Wait until some of the same cars that have brake recalls also have the gas pedal issue
How many Japanese Toyota Exec's are about to off themselves with a sword?
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Old 02-08-2010, 11:39 PM   #12 (permalink)
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Very interesting article in NY Times said much the same thing. Point of the article was that ironically Toyota's culture of continuous improvement leads to them into denial about any defects. How can we have defects? We pursue perfection!

So when they DO have actual defects, the company, from the top to the bottom, simply cannot believe it.

GM or Chrysler, by contrast, have lots of experience admitting defects.

Quote:
Originally Posted by BleedGreen4ever View Post
Watching that ad they just released talk about how they "stopped production so they could make sure they fixed the problem" which they only did because the US Govt. made a special visit to Japan to demand it.

They say they have a "fix", when it's quite obvious on all fronts that they not only don't have a real "fix", that they don't even know yet what is causing thier problems.

They've made so many mistakes with engineering, design, marketing, PR, etc. that the hole they have dug now is about to get a lot deeper.

Here is what is going to undoubtedly happen:
Their "fixes" will not work, and there will be continuing issues. Worst case, someone dies again WITH the fixes already made in their car. If this happens, it's over, you can count on bankruptcy almost immediately. All faith lost, customer base gone and lawsuits will take what is left.

Best case - continuing issues but no one dies. Press will be all over EVERY single issue that happens, so Toyota will not be able to hide. Once it is clear that the cars that had the fixes done still had the problem, they will again have to shut down production, and will lose ALL respect with the public, and will fall behind even Chrysler.

In addition, as has been happening almost every few days, more recalls will happen on other issues.

All this is and will build up to a breaking point, sales will continue to plummet, and eventually the losses will be even more than the Japanese Govt. can keep up with. Say "Oh what a feeling - bye bye"

Sell Toyota stock short now, I think it will continue to tank.
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Old 02-08-2010, 11:40 PM   #13 (permalink)
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wait until they take a look at their issues with their trucks.......some big time problems out there with those as well.
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Old 02-08-2010, 11:46 PM   #14 (permalink)
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All you need to know about Toyota is they could have included a smart brake override system in their cars for about a dollar a car, and they refused to do it. They blamed these deaths and accidents on floor mats and driver error. Man I hope they get taken to the cleaners!
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Old 02-08-2010, 11:47 PM   #15 (permalink)


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Good bye Toyota..Free fall from here out..feel bad for all the people that own a Toyota recall..(actually no I don't).
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Old 02-08-2010, 11:50 PM   #16 (permalink)


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Toyota should suffer...but so should the supplier that manufactured the defective part.

Why isn't the press outing them as well? They did with Ford/Firestone.
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Old 02-08-2010, 11:53 PM   #17 (permalink)
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Originally Posted by VargMan View Post
Toyota should suffer...but so should the supplier that manufactured the defective part.

Why isn't the press outing them as well? They did with Ford/Firestone.
Toyota recall launches CTS out of obscurity - USATODAY.com
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Old 02-08-2010, 11:55 PM   #18 (permalink)


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Quote:
Originally Posted by VargMan View Post
Toyota should suffer...but so should the supplier that manufactured the defective part.

Why isn't the press outing them as well? They did with Ford/Firestone.
Thought about this earlier, it was easy to to pair Ford and Firestone together because the name was on the tire. Not as easy to call out the brake pedal or gas pedal manufacturers in a public forum.
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Old 02-09-2010, 12:10 AM   #19 (permalink)
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Old 02-09-2010, 12:13 AM   #20 (permalink)
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At least they didn't have Howie in the commercial . . .

Regardless, I heard a US Toyota Head of Something or Other give a quick interview on NPR a couple of days ago, and it was amazing how bad he was. He got completely flummoxed in a 2 minute interview when asked if the rod was as safe as a new pedal, and if so, then why aren't just installing a rod in their new vehicles instead of a new pedal, and if recall customers can get a new pedal is they request it. His head nearly fell off. Seriously how the **** could you not be prepared to answer such questions?
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Old 02-09-2010, 12:13 AM   #21 (permalink)


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Quote:
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Thought about this earlier, it was easy to to pair Ford and Firestone together because the name was on the tire. Not as easy to call out the brake pedal or gas pedal manufacturers in a public forum.
Excellent point.
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Old 02-09-2010, 12:19 AM   #22 (permalink)


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Excellent article. It looks like CTS will come out of this a lot better.
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Old 02-09-2010, 01:02 AM   #23 (permalink)


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Just what the US needs...tens of thousands more lost jobs. Lets root for the downfall of Toyota!
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Old 02-09-2010, 01:09 AM   #24 (permalink)


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Just what the US needs...tens of thousands more lost jobs. Lets root for the downfall of Toyota!
Screw 'em. Those job losses will be offset by jobs from domestic manufacturers.
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Old 02-09-2010, 01:09 AM   #25 (permalink)


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Just what the US needs...tens of thousands more lost jobs. Lets root for the downfall of Toyota!
So we should follow the lead of the Senator from MS who is holding up numerous Defense Department and DHS appointments to take the new 35B Tanker contract from Boeing and award it to Airbus because he has a couple Airbus parts plants in his state and they gave him 35K in contributions?

Nowhere but Washington can 35k get you 35B if you have the right guy in your pocket. Not even the longest of long shots in Vegas can match a return like that
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