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  1. #1

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    Default If Toyota dies...

    I figured we don't have enough threads about Toyota (or other threads that are started that end up transforming to discussioon of Toyota), so I'd start another one with a different question.

    Let's assume that all 18.4 billion gazillion (that's a number from an article john posten, not sure if it's accurate though :D) vehicles made by Toyota in the last 15 years get recalled, and that the cost for repairing these is so high that Toyota can't afford it, and nobody wants to buy a Toyota because they're junk.

    In short, let's assume Toyota dies.

    What happens next? What are the downstream impacts of a company like that going out of business?

    Discuss.

    Note: This isn't a discussion about whether they will fail, that's being handled elsewhere in multiple other threads. What happens IF they fail.
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  2. #2

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    The world will continue without them and used Toyota's will be a great deal.

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    ...as long as we don't divide the answer by zero, everything will be fine....
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    I will continue to buy 20 year old Toyotas like i do today.

    Maybe i'll get back into Hondas? Or jump ship and get an old Audi.
    I don't read the newsssspaperssss because dey aaaallllllllll...... have ugly print.

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    The pride of the Japanese won't let them fail completely, nor would all their vehicles ever be recalled. I'd keep the towels handy though as someone in that company will fall on their sword over the current issues.
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    I wonder if Toyota's demise was seen by the Mayan's and that's why they picked 2012 as the year the world comes to an end....
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    240,000 miles later...still chugging along:

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    So nobody thinks it will have an impact? I remember a year or two ago where the possibility of one of the Big 3 dying was there and people were freaking the f$ck out thinking it was going to be the end of the world or whatever and that's why we had to bail them out.

    What's different about Toyota?
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    253k miles later... still raced, hooned around backroads, and solid as a rock.




    238k miles when i sold her, been through two owners since, and is over 270k miles now. Solid as a rock.

    Last edited by concealer404; 02-05-2010 at 12:53 PM.
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    Quote Originally Posted by AsSiMiLaTeD View Post
    What's different about Toyota?
    ...ummmm, Toyota sucks?;)
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  11. #11

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    Quote Originally Posted by TNRabbit View Post
    240,000 miles later...still chugging along:

    Why is the back of that truck sitting lower than the front?

    I love that truck by the way.

    Anyone remember the black Toyota 4x4 from Back to The Future? That's one of my favorite trucks of all time.
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    Quote Originally Posted by AsSiMiLaTeD View Post
    So nobody thinks it will have an impact? I remember a year or two ago where the possibility of one of the Big 3 dying was there and people were freaking the f$ck out thinking it was going to be the end of the world or whatever and that's why we had to bail them out.

    What's different about Toyota?
    People were freaking out because they were american companies. Those same people WANT to see Toyota fail, so they won't freak out about it.

    The people who weren't freaking out realize that almost every manufacturer makes a decent car, and are content in the fact that they don't have to stay loyal to one specific company and hate all others, and can find another decent car.

    If Toyota NEVER existed, i'm sure i'd still be buying cars that i'd be happy with. But i'm also not the most hardcore Toyota fanboy, either. I couldn't care less if they failed. They make nothing that interests me outside of the IS-F, currently.
    Last edited by concealer404; 02-05-2010 at 12:50 PM.
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  13. #13

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    Wow.

    Excellent discussion, guys. You're the best.


    I think this will happen.

    Quote Originally Posted by dorokusai View Post
    The world will continue without them and used Toyota's will be a great deal.
    And I think that all the Toyota owners heads will explode. And those that don't. I will make it my personal mission to tell them "I told you so" until their heads do actually explode.

    I will film each one and post them to YouTube.

    Then I will have candy. And a beer. With some bacon.


    Ah, who am I kidding? I just want some bacon.
    You're just jealous 'cause the voices don't talk to you!

  14. #14

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    Quote Originally Posted by dorokusai View Post
    The world will continue without them and used Toyota's will be a great deal.
    ...and I would immediately open Toyota Service and Maintenance centers all over Southern California.
    "The good thing about science is that it's true whether or not you believe in it." Neil deGrasse Tyson.

  15. #15

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    Quote Originally Posted by AsSiMiLaTeD View Post
    What's different about Toyota?
    The CEO lives and work in Japan, not the US. At least I think that's what the "Buy American" die hards have switched to, right? Buy American doesn't mean buy cars made in America, it means buy cars made by companies whose CEO lives and works in the USA. Amirite???

  16. #16

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    I don't think Toyota will fail.
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  17. #17

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    I don't think they will either, just curious if people think the downstream effects would be the same as if one of the Big 3 had failed
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  18. #18

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    Quote Originally Posted by AsSiMiLaTeD View Post
    Why is the back of that truck sitting lower than the front?

    I love that truck by the way.

    Anyone remember the black Toyota 4x4 from Back to The Future? That's one of my favorite trucks of all time.
    Could be because I loaded 1900 lbs of wet sand in it one time......1800 lbs of decking wood another time....a 1000 lb tractor another time......etc.
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  19. #19

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    Quote Originally Posted by PhantomOG View Post
    The CEO lives and work in Japan, not the US. At least I think that's what the "Buy American" die hards have switched to, right? Buy American doesn't mean buy cars made in America, it means buy cars made by companies whose CEO lives and works in the USA. Amirite???
    Egg Zachary.

    One Cavalier assembled in Mexico from parts made in Taiwan, please!
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  20. #20

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    Seriously? Do you really think Toyota will fail? We still have the big three American auto makers. What would make anyone think Toyota will fail due this current setback?

  21. #21

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    I think that Toyota failing would have a similar impact on the economy they are based in (not America) as Ford or GM or Chrysler failing. But I think that the situation is vastly different.

    If Toyota fails for their own screw-ups then their market share will dwindle until they hit irrelevance. By that time the other manufacturers will have grown to compensate and the jobs lost would be minimal.

    The Detroit 3 were failing because the Wall Street financers lost their shirts and the Detroit 3's value plummeted. They lost capital to continue to operate and it almost killed GM and it did kill Chrysler. Ford hedged a bet and had cashed in all of it's assets for mortgage money. That bet paid off and that's why they didn't fail.

    But I don't think you can compare the Detroit 3 problems to the Toyota problems. I think that Ford would have turned their ship around eventually because that's where they were heading ever since they put Mullaly in charge. GM needed the wake up call and Chrysler was caught with their pants down. GM would have failed eventually without the economical problems and I think Chrysler was dead before the economical problems started.
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    Owned a Highlander didnt like it...Wont buy another Toyota. IF they died, it would have a huge economic impact here and Japan.
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  23. #23

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    Ha. Toyota will come out of this one even stronger than before (not after a few swords get bloody, as Doug already mentioned).
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    Quote Originally Posted by shack View Post
    I don't think Toyota will fail.
    Agreed. btw, I think that's an understatement.

    Back in 1990/91 when IBM was in trouble, I was betting that it will dissapeared.

    Back in 1993 when John Sculley messed up Apple, I was betting that it will dissapeared.

    Now I ceased to underestimate the big names going concerns no matter what was the prediction is, if they are a product company.
    I am sorry, I have no opinion on the matter. I am sure you do. So, don't mind me, I just want to talk audio and pie.

  25. #25

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    They won't, but Toyota bashing fruits will get a raging erection that will last for more than 4 hours. Government Motors will celebrate and still be owned by the government. America will lose more great, non-union jobs.

    This, too:

    The world will continue without them and used Toyota's will be a great deal.

  26. #26

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    Nah, Toyota won't fail.

    In fact, with the new CEO in place, I actually see the current troubles as major opportunities for Toyota to re-focus and not chase after every single segment of the market.

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    I think Toyota has screwed the pooch PR wise in this debacle , but will recover just fine. I have zero brand name loyalty when it comes to vehicles , they all have come out with losers and winners.

    I truely beat the living **** out of my 89 Toyota 4x4 ( The guy who has it now has somewhere around 247K on the clock...nothing has failed since he got it from me at around 189K ) and the only things that failed was the clutch ( Wear item really...even the battery was amazing...a Panasonic battery that I didnt have to replace until over 100K ) ...starter and and the clutch slave cylinder...thats it.

    That poor thing was truely used in 4x4 a whole hell of a lot more than most 4x4's that are used as commuters and have never seen offroad . It saw rocks...dirt....sand...mud...and went up and down really steep hills on a regular basis ....it also had the job of towing my trailer with quads and M/C's behind it...all this with a 4 banger.


    But when it came time for its replacement , I wanted horsepower and drove every truck out there and settled on my Nissan....even though I got way more then my monies worth out of that Toyota...at the time they didnt have what I wanted.








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  28. #28

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    Interesting read, I thought it was relevant.

    http://www.thetruthaboutcars.com/toy...e/#more-344346

    Toyota: Illusions Of Trust, Gone
    By Michael Karesh on February 5, 2010

    Based on the emails I’ve been receiving from TrueDelta’s members, I have underestimated the impact of the unintended acceleration fiasco on Toyota’s future sales. This fiasco is going to hurt Toyota, possibly for years to come. The problem isn’t that many people feel that Toyotas are unsafe. Most seem to recognize that a very small percentage of Toyotas have suffered from unintended acceleration. But they’re hearing about problem after problem, so Toyota’s quality seems to be lower. Most of all, Toyota’s public statements have seemed dodgy, and people seem to feel that they cannot trust the company to keep owners’ best interests or even their safety in mind.

    In other words, they’re feeling about Toyota much like they’ve felt for decades about Detroit. That the company is focused on sales and profits rather than the owners of its cars. That Toyota does not really care about them.

    The odd thing here is that many people previously felt that Toyota could be trusted more than the typical auto company. Why? Because of their reputation for reliability? Because of the Prius?

    The fact of the matter is that, when car owners have had problems with Toyotas, Toyota has been at least as bad as the average car company in taking care of them. Conducting TrueDelta’s Car Reliability Survey, I hear customer care horror stories involving virtually every manufacturer. If a car has a problem you feel it should not have had out of warranty, and you haven’t been regularly servicing your car at a particular dealer, that dealer will tell the manufacturer you’re not a valued customer, and you’ll get little or no out-of-warranty assistance. This is as true of Toyota as any other make. Have a problem that requires special help, and you’ll quickly learn how little they care. Toyota’s advantage was that its cars have been (and in many cases continue to be) more reliable, so people had fewer opportunities to experience how little they really care.

    Among mainstream automakers (I have less information on luxury makes), Honda seems to be better than the others in readily paying for repairs after the warranty ends, buying back troublesome cars (always with a confidentiality clause, so you won’t hear about them), and in other ways taking care of customers.

    But even with Honda I don’t get the sense that they do these things because they care more. The confidentiality clause when they buy back a car indicates their true interest. They simply concluded some time ago that taking care of customers would earn goodwill and, perhaps most importantly, protect their reputation and so earn them more money in the long run. And it has. It’s simply smart business. Other car companies don’t actually care less. They just aren’t as smart in this regard.

    Toyota, though, behaves no differently than GM, Ford, Chrysler, Nissan, or VW and has not in recent memory been more trustworthy than these companies. But apparently many people felt they were more trustworthy anyway. This illusion is now, in many cases, gone.

    What does this matter? Well, when you trust someone to do the right thing, you don’t pay nearly as much attention to what they’re actually doing. You buy the car blindly. Going forward, car buyers will be scrutinizing both Toyota and its cars more closely. Those who want to buy a car with a minimum of research and thought are now much more likely to go elsewhere.

    Michael Karesh owns and operates TrueDelta, an online provider of auto pricing and reliability data
    If you're interested, TrueDelta is kind of like a Consumer Reports. But they don't manipulate the data they collect. They just report it and show trends. It's pretty useful but limited in it's reporting scope. It keeps growing though so as it grows, the info gets more and more reliable. But the nice thing is that you actually get to read the real owners assessment. Not some aggregated version of what the surverying company wants you to see.

    http://www.truedelta.com/

    It's a good tool to look at if you are shopping for a vehicle.
    You're just jealous 'cause the voices don't talk to you!

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    even the battery was amazing...a Panasonic battery that I didnt have to replace until over 100K
    My '86 Toyota 4x4 came with a Panasonic, lasted much longer than yours.....incredible battery. Always made me wonder why American batteries aren't worth squat.
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