My face when it turns out every multinational corporation is run by criminals.
That's what happens when you reward criminal behaviour with wealth.
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My face when it turns out every multinational corporation is run by criminals.
That's what happens when you reward criminal behaviour with wealth.
and worst case scenario everyone involved in this (except some low ranking flunky) gets a golden parachute
Well the Chairman’s last name is “Toyoda”… I think he’ll be aight
Related: https://www.independent.co.uk/life-style/japanese-adoption-rates-majority-adult-men-a7524301.html
98% of all Japanese adoptions are employers adopting the adult men on their staff, not children
..
Some of Japan's most famous companies have remained a "family-run" businesses because of "mukoyoshi," such as carmaker Toyota, which was founded by Kiichiro Toyoda in 1937.
Suzuki is also famously run by adopted sons — in fact, the current chairman and CEO Osamu Suzuki is the fourth consecutively adopted son to run the group.
This is FASCINATING! Thanks for sharing!
Wow. That’s wild.
Huh! TIL!
The shitty thing is there's lots of criminals that get taken down very harshly (namely the poor kind). It's not even a meritocracy in that way.
Man, it's always felt like that to me as well. Even the little guys make no sense sometimes.
The world's largest carmaker has apologised for providing incorrect or manipulated data for safety certification tests. The scandal has shaken the Japanese car industry, with rivals Honda, Mazda and Suzuki also admitting to submitting faulty data. Toyota sold more than 11 million passenger vehicles in 2023. It has said the findings do not affect the safety of vehicles already on the road.
Yea let's just take them at their word for the safety of current vehicles. What a fucking joke.
"Sorry we've been lying. We're definitly honest this time, pinky promise"
-Toyota, probably
"Sure thing. I consider this matter resolved."
- Their brother in the government.
Japan has a bit of a power family problem.
Dieselgate. Land of the Rising Sun Edition.
This is the best summary I could come up with:
Japan's transport ministry raided the headquarters of motor giant Toyota on Tuesday, as a scandal over faulty safety data escalated.
The world's largest carmaker has apologised for providing incorrect or manipulated data for safety certification tests.The scandal has shaken the Japanese car industry, with rivals Honda, Mazda and Suzuki also admitting to submitting faulty data.Toyota sold more than 11 million passenger vehicles in 2023.It has said the findings do not affect the safety of vehicles already on the road.The company has suspended the production of three car models - the Corolla Fielder, Corolla Axio and Yaris Cross.It has also been accused of using modified vehicles during safety collision tests, for vehicles that are no longer in production.The raids come a day after Toyota chairman Akio Toyoda apologised to customers and car enthusiasts.He bowed deeply and held the position for a few seconds, which is customary in Japan when companies apologise for wrongdoing.
"We neglected the certification process and mass produced our cars without first taking the proper precautionary steps,” Mr Toyoda said.
Japanese carmakers Honda, Mazda and Suzuki are also due to be inspected by the authorities over the same issue.Honda said it found wrongdoing on tests related to noise and engine power, but it has stressed that its vehicles are safe to drive.Mazda has halted the shipments of some cars and said it will bear the cost to its suppliers.
However, the company added that it is not planning on issuing recalls.The findings also apply to one Suzuki car model that is no longer being produced.Last December, Toyota-owned carmaker Daihatsu closed all of its factories for more than a month, after admitting that it had falsified safety tests.Some of the cars were sold with Toyota branding.Daihatsu compensated more than 400 domestic suppliers during the period where its plants were idle.
The original article contains 300 words, the summary contains 301 words. Saved -0%. I'm a bot and I'm open source!
The original article contains 300 words, the summary contains 301 words. Saved -0%.
How in the fuck did we end up with more words?
These summary bots are the worst. I need to figure out how to block them
Fuxk. Honda too??
Meanwhile, Subaru...
..is 20% owned by Toyota and they share some vehicles.
The GT86 and BR-Z, and the bZ4x and Solterra, The GT86 / BR-Z is mainly a Toyota design with a Subaru/Toyota codeveloped engine - Subaru had to be dragged into that one with a stage hook. The other one's an EV mainly Toyota/Yamaha designed.
Damn this is depressing.
Disappointing.