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Wednesday, 3 February 2010
How quality can affect a business
Toyota have announced that a massive vehicle recall due to uncontrolled acceleration could cost them up to £1.25 billion in lost output and the check might need to spread from the US and Europe to the Middle East, Latin America and Africa. 1.8 million cars were recalled across Europe while another 2.3 million cars have been recalled in the US over the last four months. 5 millions vehicles in the US were also recalled for another similar problem. The effect of the recall on the world's largest car maker is likely to seriously affect its 2010 sales forecasts.
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