Daihatsu, the Japanese automaker owned by Toyota, has halted production after admitting it falsified data in safety tests for its vehicles for 30 years.
Daihatsu, the Japanese automaker owned by Toyota, has halted domestic production after admitting it forged the results of safety tests for its vehicles for more than 30 years.
There is no fine on earth that could be levied that would discourage others from doing this. If they have profits higher then who cares.
I'm in favor of forceful dissolution.
If you prove you cannot run a company safely, repeatedly violate safety violations and continue to do so for DECADES then you shouldn't be allowed to sell any product, ever again, to the public. The company should be scrapped and all assets sold off or let the government take it and start making cars but drop the cost massively and only sell to its citizens ala pharmaceuticals.
People get their drivers license taken away for far less than this. For pretty small things overall. Toyota laughed at customer safety for 30 years and has only admitted it when caught. Why the fuck is this company allowed to continue existing?
I don't think that's the way to do it. The workers who have nothing to do with it get shafted by losing their jobs and there is a little less competition in a world where there isn't enough in some industries. I think long jail sentences will the best deterrent. Fines only do so much. C-level executives needs to start going to jail.
But that would encourage workers to speak up if they see their companies doing something wrong because it could make everyone lose their jobs. I think that would be a benefit overall.
At some point there needs to be physical punishments for shareholders. Like, "Oh, you invested in a company that's been willfully flaunting safety regulations for a generation? Yeah, you don't get to have hands anymore. Maybe you should have done some more due diligence."
Stumpify a few hundred thousand wall street types and maybe there'll be a culture change.
"Make more money, faster, at any cost" seems to be the motto of a lot of companies these days... Stockholders are there, waiting for their returns, like hungry hatchlings. And CEOs will do anything to try to keep them happy. This system is shit.
It should be: "Make the best quality of goods[ and services] possible at the lowest cost possible, paying the highest wages possible." To paraphrase Henry Ford.
He was a jackass in a lot of ways but that ideal is bounds better than "fuck workers and consumers, get yachts."
They did make some branded as Toyota, so maybe. I haven't seen a complete list of affected models. What I have read makes me think the Toyota branded cars weren't available in the US though.
Daihatsu, the Japanese automaker owned by Toyota, has halted domestic production after admitting it forged the results of safety tests for its vehicles for more than 30 years.
The brand, best known for manufacturing small passenger cars, has stopped output at all four of its Japanese factories as of Tuesday, including one at its headquarters in Osaka, a spokesperson told CNN.
Last week, Daihatsu announced an independent third-party committee had found evidence of tampering with safety tests on as many as 64 vehicle models, including those sold under the Toyota brand.
The scandal is another blow to the automaker, which had admitted in April to violating standards on crash tests on more than 88,000 cars, mostly sold under the Toyota brand in countries such as Malaysia and Thailand.
In that case, “the inside lining of the front seat door was improperly modified” for some checks, while Daihatsu did not comply with regulatory requirements for certain side collision tests, it said in a statement at the time.
According to a report released last Wednesday by the investigative committee, 174 more cases were found of Daihatsu manipulating data, making false statements or improperly tinkering with vehicles to pass safety certification tests.
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