Toyota involved in ANOTHER scandal - This time for WHAT?!
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- เผยแพร่เมื่อ 7 ก.ค. 2024
- #Toyota #recall #trouble
Toyota owes millions of dollars to their suppliers. Here's what's going on.
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Toyota is #1 for supplier satisfaction, and has the most stable and reliable supplier base - thanks to the partnership spirit that is the foundation of their mutual relationship. Strong suppliers can deliver high standards and quality components - which Toyota suppliers deliver - whilst achieving above industry average profit margins. Also, keeping the molds beyond legal requirements is part of the Toyota standards - up to 10 years after the part is discontinued - and this is a Customer Driven policy. The cost of keeping those molds in storage must be absorbed by the margin realized while the parts are produced. Suppliers know upfront about those policies, and have the chance to reflect those storage costs in the parts unit cost - which should be regular business planning practice - and quite insignificant cost as a % of the total parts cost. Incredible how Toyota seems to be chased every time they perform leaps ahead of its competitors…
Bruh we all know toyota is reliable but meatriding is craaazy loooool.
@@naveenthemachine Also bro, can you tell me about your 2020 camry v6 comment? I couldn't read that in other posts because the youtube does not let me read your comment from my perspective. Its invisible to me. Could you tell me a bit more?
But how much stock are you holding
@@jngobngo :) Zero actually….
@@blackgold754I have never commented on a 2020 Camry V6 (just went back reviewing all comments in my history…) I’m not sure what your intent is, but I will leave it at that…
This really sounds like Toyota haters just piling on regardless of how insignificant the issue is in reality. Such is the nature of business in the era of social media.
Just like in the era of the big three TV networks, bad news sells, really bad news, is amplified far more than good or positive news.
Sometimes I wonder if this is all pent-up anger against the car prices and markups instead of anything else. Slam them with lawsuits and then hope they bring their prices down by cutting corners.
How about child labor in factories?
The RECALLS on the Tundra is causing the Techs to work for a much reduced rate , 30 hrs fla it rate for the rebuild when in reality it takes 40 hrs to do a proper job, meaning TECHS worked extra 10 hrs for free.😓
Yikes...
Which could also mean corners may be cut
Not sure where you're getting that from since there isn't even an official fix yet.
Bullying of suppliers is 100 times worse in America compared to Japan. Yes, Toyota with its massive power does shove around small suppliers like a sumo wrestler. If you look at the surveys of suppliers, the Japanese score at the top, and companies like Ford and GM at the bottom. Remember when GM forced Delphi to eat 1 billion in losses?
This is all rubbish..I will still purchase a Toyota vehicle please come on
Brainwashed 😂
I just did
It's standard practice in the motor industry. When a model runs out you continue to build components for P&A purposes. You keep the tooling, jigs and fixtures in your plant. This is all factored into various supply agreements. Eventually there is a one time P&A buy and the tooling etc is then scrapped. It should not be an issue.
If it's true these smaller companies didn't know the law, it sounds like an opportunity for some well versed lawyer in manufacturing to be an advisor to them so they aren't being taken advantage of because of ignorance. I'm surprised they don't have something like a small manufacturer's association to take care of them.
In the Philippines they have Toyota Hi- Ace Van and Nissan Urvan Van. They are family car kinda similar to Sienna in the USA
This is standard practice in the auto industry, every automaker is likely in violation of this 'Act'
In other words, it's a big nothingburger.
Yep
All companies push the limits to maximum profits especially if publicly traded. Some get caught some dont. Seems lately Toyota for whatever reason on the radar now...
Chevron should reduce the number of recalls. While voluntary recalls will continue, if the NHTSA wants to force a recall they will need to go to federal court. Auto makers know this and are less likely to do a voluntary recall hoping the NHTSA will drop the matter.
Nissan Van is called, queue the drum roll: the NV350 NV(Nissan Van)
Disgusting. Why do people keep looking for these tiny things to call “scandal”? Why don’t they use these same prosecuting measures for other automakers who are definitely doing more shady deals? Disgusting.
They’re called Nissan Urvans.
We have a lot of those here in the Philippines along with Toyota Hi-Ace.
Toyota has worked for DECADES to garner a superior reputation - and they always always always fix the problem - every corporation should be like Toyota - honest, reliable, and worthy of our trust as consumers …. They literally STARTED the electrification trend and always try to do right by buyers. Toyota all the way.
Manufacturers always held molds just in case the parts need to be made again, unless the part is not going to be made any time soon.
Really tragedy....ROLFMAO. Today every stupidity is a news...
When are we going to be able to hear good news about Toyota or other brand doing a lot better with their vehicle & have no recalls?
@@LuisUrbieta I did not hear nothing what did not happen before or with any other brand.
@@vedranbozicevic1111 True
@@LuisUrbietayou will never hear of any brand not having recalls
@@ytj22 Why is that?
Kirk, Does this mean people in the Comments section will be saying 'hold my mold' instead of 'hold my beer' ? 🤔😉🤣
This is so small and insignificant lmao.
Also a class action lawsuit was just filed for the defective Coolant Bypass Valve in the Corolla, RAV4, and Camry. The dealer is charging anywhere between $700 and $1300 to make the repair. It triggers an “Engine Maintenance Required” warning on the dash. Recall and refund may be coming soon for millions of vehicles
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With recent Lexus redesigns recommending premium gas, it’s confusing. Reddit discussions haven’t provided a clear answer. Some posts say only the 450+ requires premium, while others say only the 250 or hybrids need it. Here in Los Angeles, premium gas costs around $6, which affects the savings from hybrids and plug-ins.
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A fan ❤
I have a 2012 Toyota Tundra with 117,000 miles that needs a Master brake booster replacement. They don’t have a replacement for my truck and their logistics advocate doesn’t know when an OEM booster will be available. His best guess is 2 to 3 months . Meanwhile my truck sits in the dealership parking lot.
Sad!!!!!
Non story
This feels so pedantic, but Toyota should compensate them fairly and adhere to the proper regulations. Again, I really don't think this is that big of an issue, they're certainly not the only corporation that has done this.
Equivalent Nissan Vans are Nissan Caravans maybe.
The Nissan version is: Urvan
"Drug" is not the past tense of "drag".
"Drung"? 😂
Isn’t it “dragged”
@@ICU306 Drugged is the way to describe some of the most wealthy people on the planet. 🤡
Whatever! IDGAF.
Dragged. I know it’s cringe.
This is nothing
Nissan has Caravan/NV350 ambulance conversions.
If they are a 90% owner of the company. Make no sense
I'm just saying... If Mitsubishi wants to take advantage of this... Im mean who would stop them?
What do you expect from Cooperations …
Good morning everybody
Morning, mate
Bring on byd, where are those Chinese EVs
I notice lots of Tundra ads on videos lately. You know...the trucks their own dealers won't accept on trade in. 😅🤣😂🙃
Kinda a nothing burger
Quality from Toyota and Honda have really gone down. It use to be when you would buy a car you either went with a Toyota or a Honda because of their reliability. Not anymore.
Depends which vehicles. Thank our wonderful government's for forcing manufacturers with insane emission increasing costs, forcing small turbocharged engines to meet regulations, CVTs and mega expensive EVs people don't want (or can afford).
@@James-il3tq That IS the real problem.
Really? The government is making auto manufacturers use substandard plastic parts? Forcing manufacturers to cut costs to save money (gotta keep those shareholders and executivs fat and happy!) The apologists are fascinating. @@James-il3tq
@@James-il3tqyes, you are write, if he say Toyota quality has gone down, how about the other manufacturers, they are more poorer
Random HiAce factoid: The Ozzies even convert HiAces into 4WD overlanders. Out -Troopy's the Troopy according to one well known South African/English TH-cam Overlander!
Repeat after me. Corporations are not your friend. Any corporation. From the one that makes your cereal to the smartphone you use to the car you drive. Corporations are not your friend. It's your job as the customer to keep them honest.
Good, hopefully this company can finally feel what bankruptcy is, because a lot of npc people sadly buy these uninspired cars besides the gr86 and corolla gr. People need to realize there are way more nicer reliable brands out there!
Cool
Toyota are answerable to Wall Street shareholders thus the practice of cutting corners to squeeze as much profits to meet the limitless greed of shareholders!
Classic Marxist thoughts. Fear and greed are part of all our sinful nature. It's not exclusive to corporations. In capitalism companies have to innovate and compete to earn your business. Customers get to vote with their wallet.
🧢
hey
This is just horrible, I can't believe this! I will never buy a Toyota again..... So, what's this about?
I work for an auto parts that supplies a Japanese name plate. we got molds at our facility that are 25+ years old and have not be ran in years. up to 10,000 lb. molds for pim, ( plastic injection molding ).
Who in their right mind would buy a new Toyota these days? Quality is job NONE!
What would you buy instead?
@@iko3 No idea. I'm driving a 2003 Pontiac Vibe right now. I keep looking for something nicer and newer but I paid $1,400 for this car and those deals don't exist anymore.
@@iko3Honda, Mazda, Subaru.
@@raymond_sycamore lmao I have a 2005 Vibe AWD!
@@iko3 right? perfect car other than the heating fogging up the windows and AC that doesn't work
And you only need one "O Shit!" to topple a mountain of attaboys! I'm not sure any new car, truck, or in-between is worth a damn today. I'm considering an old Ranger from the 90's or early 2000's.
I am leaning toward Honda and Chevy for the next car. That 2025 Camry seems a bad choice despite its improved feel.
But Scotty Kilmer told me to buy a Toyota 😢
he told you to buy current ones ... u gotta watch him more ...😂
Nissan FTW!!!!
Why wear a hat in your studio? And you seem to have it on backward. WTF?
I don't think this story is a big deal, the bigger deal is the mfg quality... Hopefully what happened in the trucks don't cross over to the sedans and small suvs
This news is not a big deal at all. Only the tundra engine really has a issue otherwise the new Tacoma/new land cruiser has been extremely reliable so far and it has no serious issues whatsoever. Only so called case is .one off case with TFL and other is 5 or 7 vehicle only matter.
the brand loyalty in these comments is crazy…
Toyota's been involved in scandals for years, but no one's ever ready for that conversation, it just gets swept under the rug, but when it's Hyundai, the same people have their pitchforks out.
SPEAK THIS!!! People are just naturally hypocritical.
@@jraheemjefcoat429 extremely & it's always the samething! It doesn't matter how many facts I throw at people, they swear that their opinions are more factual, than actual cold hard facts, only because they're unpopular facts, but facts are facts, regardless.
Hyundai tries to get away with it, but their cars break down on the way to work out a deal.
@@kelstersbreeze4714 wrong, that's just what you've heard.
@@kelstersbreeze4714 I got so many facts, that would blow your mind & I guarantee you do not have the ownership experience that I have. Have you ever asked yourself, how come the U.S. is the only country that complains about Hyundai? Or why every other country absolutely love them & Kia? Sure there's a reason why, because we're not the only country you know.
Meanwhile windmills and EV's are equal to or more than responsible for environmental harm.
Toyota might go the way of GM if they're not careful.
They’re all in trouble, it seems like ford wins on that race
Just like VW Toyota got caught messing with their engines. But the worse to me was putting extra supports in their cars for crash tests only.
How about using Toyota City for storage!! lol
Thank God it didn't affect USA cars... sucks for other countries though
@@KirkKreifels It did... when the Taco initially got poor crash ratings they only fixed the drivers side because that's all that was tested. Wasn't until they tested passenger side that they fixed the passenger side. Just like every other company, profits over people every time.
With the Chevron decision the EPA was dealt such a massive blow to their power, I bet money these emissions laws and statutes are now going to be challenged at every level and they are going to lose. No longer can the EPA interpret their own statutes and force such stupid emissions on the auto industry. V8s and Hybrids will be making a return to form. Down with electric, down with turbos designed to fail and not even make it to 300k. Reliability will return and Toyota will be the first to make the move.
really kirk running excuses for toyota?
damn...this is just sad for Toyota.
Toyota overall is overpriced brand today nothing else
this is internal dispute between Toyota and it's suppliers . doesn't affect the motoring public or the fact that Toyota has been going downhill in terms of build quality and reliability for a number of years now. this didn't just happen overnight.
Can ya ditch the backwards hat, you're not 12 yrs old. Lacks credibility.
I have been drivingToyota trucks for over 30 years. So I'm not a hater. But no one is building a small economical economical fully electric pick up for the American market that is worth the money, but China! I guess I'm awaiting a Chinese electric truck to sneak through Mexico. I won't be buying a hybrid or Hydrogen powered truck!
So I was being critical of Toyota (similar to Naveen Modi, but Naveen has a typical malicious mindset, no wonder how the Gujarat riots became) and someone was telling me not to be, saying that those are just minor problems. Turns out Naveen and I have been right again... if you guys want another GM or Ford situation, then don't criticize Toyota but if your intention is not even out of Naveen-like sheer malice but for genuine concern, criticize Toyota more and more!
Not true. It is possible to play by the rules. They just don’t want to.
Toyota have the most recalls in the past 20 to 30 years,it’s they are so big people somehow buy there cars because of the availability, vey good APR’s that’s the reality.