US fines Toyota $16M for hiding gas pedal defect - Page 3

Zeus · 04-07-2010, 01:41 AM

Quote:

Originally Posted by a_Username

Their incentive campaign is probably less than 1% of their total revenue. The only thing this does, in regards to punishing Toyota, is what Zeus says; it opens up the floodgates of private lawsuits, considering this essentially means Toyota agrees they made a mistake.

They are screwed. I'll bet they loose close to a billion to people who lost loved ones because of this.

codo · 04-10-2010, 11:17 AM

They should do what they should have done in the first place- disallow them from selling their products on our shores. Along with the other co-conspirators the Japanese auto manufacturers have done quite a job tricking a large portion of our own people into turning against our national product in favour of soulless, cheap feeling, just overall poor quality vehicles. Much the same as apple is doing in the computer industry, they are grossly taking advantage of the fact that 95% of the consumer base knows absolutely nothing about what they are buying.

Sax1031 · 04-10-2010, 12:12 PM

Actually Codo if the Domestic Manufacturers wouldn't have put out such shit in the late 70s through 80s then Toyota would have never got as big as they did.

During the 80s Toyota built cars that were leaps and bounds better than most crap the domestic manufacturers had to offer.

Hopefully the Big 3 can capitalize on this and gain more market share.

View Poll Results: What do you think of the $16M fine against Toyota?
Too high	1	1.69%
Too low	49	83.05%
About right	2	3.39%
Who cares? Lets talk about the Z/28	7	11.86%
Who cares? Lets argue about the Vararam	0	0%
Voters: 59. You may not vote on this poll

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04-10-2010, 11:17 AM	#30
codo Chev to the bone Drives: 06 Impala Join Date: Sep 2009 Location: Newfoundland Posts: 35	They should do what they should have done in the first place- disallow them from selling their products on our shores. Along with the other co-conspirators the Japanese auto manufacturers have done quite a job tricking a large portion of our own people into turning against our national product in favour of soulless, cheap feeling, just overall poor quality vehicles. Much the same as apple is doing in the computer industry, they are grossly taking advantage of the fact that 95% of the consumer base knows absolutely nothing about what they are buying.

04-10-2010, 12:12 PM	#31
Sax1031 Drives: 2000 Mustang GT Join Date: Jul 2009 Location: Elgin,SC Posts: 2,707	Actually Codo if the Domestic Manufacturers wouldn't have put out such shit in the late 70s through 80s then Toyota would have never got as big as they did. During the 80s Toyota built cars that were leaps and bounds better than most crap the domestic manufacturers had to offer. Hopefully the Big 3 can capitalize on this and gain more market share.