After a massive global recall, the Japanese car giant ‘Toyota’ is yet again feeling the heat with the car owners demanding for full refund of their cars. Adding to the already grief ridden recall saga, Toyota invited loads of criticisms followed by legal battles ever since the revelations of their car’s tendency to accelerate out of control. The technical glitch seems too hot to handle for Toyota, and now the customers are out of control.
Thankfully, the recent recall by both Honda and Toyota has let the consumer’s to lose their confidence for Japanese vehicles. Has this change in consumer preference exposed the grey area for Toyota or other Japanese car makers? Blessing in disguise, the American car makers, ‘GM Motors’ and ‘Ford’ are finally ready to capitalize on their once undisputed Japanese competitors.
Lately the Attorneys Toyota Actions Consortium (ATAC) added rackerteering claims on Toyota for its number of lawsuits. Tim Howard,who is coordinating the ATAC even said that :
“It’s become increasingly apparent that Toyota profits were not built on quality products, but on a willful pattern of deception, fraud and racketeering.”
Undoubtedly all these development has tormented the reputation of Toyota globally. The growing list of enraged customers proves how PR was never considered at the first place followed by the absence of a strategic reputation management. Setting an examples how things can slip off your hands, if not dealt the way it has to be. Toyota has lost its reputation and number one position for being the most favorable customer loyal car maker in US. But its only matter of time before we know how grave the scar is for Toyota and other Japanese car companies.
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