Toyota's Problems

muggle not

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I was just wondering if the problems Toyota is having will have an effect on their racing programs. If it is found that their problem is due to electronics they could be in a big, big, hole that will be difficult to recover from.
 
I was just wondering if the problems Toyota is having will have an effect on their racing programs. If it is found that their problem is due to electronics they could be in a big, big, hole that will be difficult to recover from.

Racing really isn't the testing ground it once was for factories. Things have changed a lot in the last 10 years.

It's 99% marketing now (100% for NASCAR)
 
I'm wondering if some stray magnets made their way to the assembly line from JGR.
 
My Mom and my Sister bought 2010 Toyota Camrys last fall. They are both on the recall lists but have received no word on getting theirs fixed at this time.
 
My Mom and my Sister bought 2010 Toyota Camrys last fall. They are both on the recall lists but have received no word on getting theirs fixed at this time.

Dealerships here were working 24 hours a day to get them fixed.
 
Back to my original question. This is going to cost Toyota a bundle and i wonder if there will be any cutback in the motorsport programs they are behind.
 
As much money as Toyota has made prior to '09, I would think they will still be in good shape. But you never know.
 
Remember: Toyota pulled out of F1 after the 2009 season because of it being too expensive. With their current problems, I think a pull out of NASCAR operations is not only possible, but desireable for the company.

And considering the FBI just raided the offices of 3 Toyota suppliers as part of an anti-trust investigation for covering up defects, I don't see this ending well.

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Remember: Toyota pulled out of F1 after the 2009 season because of it being too expensive. With their current problems, I think a pull out of NASCAR operations is not only possible, but desireable for the company.

And considering the FBI just raided the offices of 3 Toyota suppliers as part of an anti-trust investigation for covering up defects, I don't see this ending well.

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I dont think they will pull out. Toyota of North America is still very healthy financially. Another thing to consider is that a large part of the recalls will be fixed on vehicles with existing warranties.

Toyota's stock is still incredibly robust as well, going for over $70 a share on the NYSE.
 
I believe this is going to hurt Toyota for a very long time and it will take even longer for the public to put their trust back into the brand. If that is the case, then it will take a while for the financial problems to hit NASCAR, but I believe they will be able to weather the storm in NASCAR, as that is the one place where they can appreciated. I do think that everyone, and I mean everyone will be watching what happens.
 
I don't think we have even begun to see the worst to come in regards to the recalls. The fallout from this will be much more than currently meets the eye. It isn't the "cost" of the recalls that will hurt them as much as the fact it appears they tried to cover it up and the biggest of all, people have lost confidence in their quality. I think their sales will plummet and that is when we may see a pullback in their Nascar operations. Face it, there are many brands of autos available and people have no reason to take a chance on a brand they have no confidence in.
 
You will see Honda and Nissan jump on this, i already saw a Nissan add refering to dependability and quality. I agree with you we are just scratching the surface when it comes to the depth of this. I think this will hurt their pocketbooks and eventually they will cut back on their Nascar funding. I wouldn't be surprised if the purse strings are drawn back later this year maybe mid season. It will be very hard for Toyota to save face on this, major heads will roll in Japan. This is a major disgrace and scandal, not only for Toyota but for Japan as well.
 
Yes it's going to hurt Toyota but what chaps me isn't Toyota it's the guys that are supposed to policing this stuff. Last year before GM became Government Motors Toyota was awarded with the most save car company in the US by the same guys that now are giving Toyota hell. Seems a little fishy to me. But it all goes to say we need cars to get away from all the electronics and do like most foreign car companies do in other countries other than the US is build manual transmissions. Only the US market pushes foreign car companies to build automatic transmissions for our market. I'm on a Fiat board out of Europe and those guys laugh at us weenies over here with our atxs. If your driving a mtx and the throttle sticks open all you have to do is push the clutch in, or try down shifting, and put in neutral.
 
I don't think we have even begun to see the worst to come in regards to the recalls. The fallout from this will be much more than currently meets the eye. It isn't the "cost" of the recalls that will hurt them as much as the fact it appears they tried to cover it up and the biggest of all, people have lost confidence in their quality. I think their sales will plummet and that is when we may see a pullback in their Nascar operations. Face it, there are many brands of autos available and people have no reason to take a chance on a brand they have no confidence in.

Don't forget the lawsuits also from the accidents from sticking gas pedals.I know of 1 here where 4 people drove a Toyota into a pond and died cause the gas pedal prob.Now the families of the 4 people are suing Toyota.
 
This is getting all blown out of per portion anyway. Ford, GM, and they other recall all the time and no one thinks twice about it. But let Toyota have one problem in 100 years and they get beat up.
 
This is getting all blown out of per portion anyway. Ford, GM, and they other recall all the time and no one thinks twice about it. But let Toyota have one problem in 100 years and they get beat up.
In the past when a manufacturer made an unsafe car, it wasn't so much the government who took charge but rather private citizens. This is how Ralph Nader became famous. I would say most people have forgotten about the problems of the Corvair or the Pinto. Shoot, I would say that most people don't even know about those problems or even heard about them. Oh, and how about the fuel tank on Chevy pickups? Let's see how many other recalls of this nature you can come up with.
 
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