THE BUSINESS ETHICS BLOG
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Toyota-A Japanese multinational automotive manufacturer
whose headquarter is in Toyota, Aichi, Japan. It is the second largest
automobile manufacturer in the world. As a Student we should realise the truth
of Toyota car company and unethical practices that it did to its customers.
Moreover, Being a very successful company doesn't mean that everyone should
trust it blindly for purchase. Even a trustworthy company like Toyota do
several unethical practices. As far as cars are concerned, Safety is the most
important aspect when dealing with cars or any purchase you make.
In 2009, The very reputed Toyota motor company had a lot of
errors to their safety parts in the automobiles being sold.
Safety on a car is the most important feature. It is also
what makes them trust the company. It is what attracts he consumer who is
purchasing a car. They made a huge mistake by betraying their promise as a
company by ignoring safety concerns and delaying recall investigation. Toyota
thought they would save money by doing this, and this is what they did to
ignore the safety policies.
To this day, lots of businesses can have many unethical
beliefs or situations that the think will not affect the business and the
consumers and the products the consumers purchase. Businesses can make these
decisions just to save money, and to avoid any kind of laws that hey have to
sign for.
Toyota Unethical Business Practices.
-Phasing the side airbag saved $124 million.
-Delaying a rule for tougher door locks saved them $11
million.
-Faulty breaks and sticky pedals in the car
Consumers started noticing the features and as they
confronted Toyota for these practices, Toyota didn't give an explanation for
the handling of the situation. They didn't think it was a big deal and they
didn't think they would ever get caught. Toyota said they were doing a better
job, and they were only sorry after they got caught. Eventually they won the
confidence back from consumers. Toyota was well aware of the complaints and
concerns and they still did not admit to it.
Obviously these unethical practices saved them millions but
they lost the most indispensable element of the business i.e. trust of the
customers. The losses in business can be compensated but not the trust. So,
Ethics is foremost in each and every business because sooner or later the
customers will get to know the unethical practices in any company and that will
be a huge loss to the company.
Ya i agree with you. There is no point making money by shaking our life in danger.
ReplyDeleteI truly appreciate your points on this. Making customers life in risk by such type of unethical practices can lead to a huge loss for company in future.
ReplyDeleteI agree and appreciate you for spreading awareness multinational automobile companies and number #1 car manufacturer doing these kind of practice is unacceptable........I also need report on new companies. Like MG and KIA which are new to market
ReplyDeleteNice effort to put all info in a single article, appreciable.
ReplyDeletepleasure 😊
Deletevery well keep it up
ReplyDeleteI agree with you
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteAgreed
ReplyDeleteI agree with you but can you explain more about some more ethical issues??
ReplyDeleteokay Hrithik Bhatt. your questions are helpful . so this is my answer to your question.
DeleteThese are some poiht of ethical issues:-
Unethical Leadership.
Toxic Workplace Culture.
Discrimination and Harassment.
Unrealistic and Conflicting Goals.
Questionable Use of Company Technology.
I totally agree with you. Safety comes first 🙌.
ReplyDeleteAppreciate your words !
ReplyDeleteI agree with you . Because safety is the most important thing related to customer point of view.
ReplyDeleteThe cars of Toyota are very impressive bcz the experience the gave in there cars are feel like a luxurious experience of life. The service of there company is so impressive they work very well, i said these quotes bcz i have the car of Toyota named fortuner❤️
ReplyDeleteVery informative blog ......great work
ReplyDeleteNot expected these kind of unethical practices from Toyota. They are a big name in the world of Cars having a huge customer base.
ReplyDeleteThis is truly an eye-opener for people who blindly trust brand ignoring their performance. Well written. Appreciated
ReplyDeleteFaulty breaks is very dangerous. Thanks for sharing such an information 👍
ReplyDeleteI totally agree with your statement
ReplyDeleteStrongly agree with your view point ,Toyota isn't all squeaky clean.Yet in their book “Toyota no shotai” “The True colors of Toyota" Published in japnese in 2006.
ReplyDeleteI agree with your point and Some victim of accident involving Toyota cars have been angered by their treatment at the hands of the company. By the way Impress content
ReplyDeleteI agree with your content ....company initiative is very good and is very well explained
ReplyDeleteEye opening info! I'm glad i visited this blog. Keep up the good work. i hope you continue to keep us updated.
ReplyDeleteNice work dear ..I appreciate ur effort ...Toyota is very unethical in May 2004 ,an accident resulting in death occurred in Toyotas Tsutsumi factory in the city of Toyota .
ReplyDeletei really appriciate for your work and and the content is really informative,And i hope you will post this kind of informative blogs
ReplyDeleteI also had heard unethical practices of toyota .That Toyota said in one statement that they made fundamental changes in it's corporate structure nd internal safety controls since the govt.started it's investigation 4 yrs. ago
ReplyDeleteI agree with you
ReplyDeleteone of the most important aspects of any car company safety the concern for safety how both employees and consumer are kept safe how is you are handled should a safety concern arise Toyota made a huge and unethical failure in 2010 when they basically betrayed their promise as company by ignoring safety concern and deleting recall investigation just so they could save a little money open
Nice word buddy thanks for making us aware ..Since its creation, Toyota has the reputation of making reliable and beautiful cars. Despite that, Toyota acted unethically. The company disregarded the safety of its customers and employees by delaying the recall of some of its cars that it knew had some brakes and airbags issue.
ReplyDeletei agree that Toyota made a huge mistake in 2010 .Even through now they are making a good quality output . Really your blog gives awareness and lot of information
ReplyDeleteI am actually a big fan of Toyota ,nd I had a toyota at home .Toyota is very promising ..I had participated on national level of rally racing where we race only Toyota in our club .So being part of Toyota nd being victim of Toyota at the same time is really embarrassing .
ReplyDeleteCheating can give short term profit but can't be beneficial in a long run These cheap tricks not only play with customers trust but also damage the comany itself.
ReplyDeleteI agree Toyota fell in the short term during the recally the company has received most of the market share it lost in the United States.
ReplyDelete