2011 Recalathon! Call now for immediate assistance!

Jstas
Jstas Posts: 14,809
edited January 2011 in The Clubhouse
Seems like Toyota has recalled another 1.7 million vehicles for fuel system problems/leaks.

http://www.reuters.com/article/idUSTOE70P04L20110126

Since November 2009, Toyota has recalled roughly 16 million vehicles world wide. That's like the entire U.S. sales figures for Toyota for the past 12 years. Makes you wonder what the hell happened? Where did it go wrong? Their stock has dropped 1.5% in the U.S. and still trending downwards last I looked and they've dropped over 2% in Japan when the market closed earlier today. It's expected to open down even further tomorrow and still drop as the news reaches around the globe and the ripple effects are realized.


Anyway, Ford's recalling or at least getting ready to recall about 288,000 2010 Fusions and it's siblings for fractured wheels studs. Kinda dwarfs in comparison to Toyota but it's still significant. Those fractured wheel studs could lead to wheels leaving the vehicles at inopportune times. There have been no reported accidents so far, just complaints but it seems the NHTSA is already investigating and Ford is moving fast. Then again, an NHTSA investigation isn't as potent as it was before the Toyota scandal last year and now they investigate pretty much all possible safety recalls.

http://detnews.com/article/20110125/AUTO01/101250406/1148/rss25

There's a few other recalls out but in comparison, they are piddly and not worth mentioning. They aren't safety issues either so they didn't hit front page news either.

In happier news! The NAIAS seems to have netted the Detroit area about $375 million in revenue in to the local economy. That's a $25-$50 million jump from last year and attendance was at a record high. That's some good news.

http://business-journal.com/show-injects-m-into-detroit-economy-p18432-1.htm

Also, Ford seems to be building and selling so many F-150's that they ran out of parts to put them together. So they shut down production at the plant until the suppliers can catch up. That's a good sign.

http://www.freep.com/article/20110125/BUSINESS01/101250327/1210/Ford-truck-plant-to-shut-for-week


It's good sign because truck sales, especially fleet sales, mean that work is being done and there is enough work and cash flow generated that new and/or replacement equipment can be purchased. It's a sign that things are getting better because more truck sales can mean more work is happening. That means more people are working again and possibly even more people are needed. It also shows that there is a level of consumer confidence returning. Even though housing prices slumped again last quarter, news like this shows consumers are loosening the clutches on the pocketbook and confidence is rising.

If it was SUV's that Ford couldn't put together fast enough, I'd be concerned.

And hey, even if it is false hope, at least we know there will be a ton of Ford and Toyota mechanics with PILES of work to do for a long time coming!
Expert Moron Extraordinaire

You're just jealous 'cause the voices don't talk to you!
Post edited by Jstas on

Comments

  • tonyb
    tonyb Posts: 32,957
    edited January 2011
    Don't you know your supposed to be buying electric cars instead of these bad SUV'S and Pickups ?:tongue: Good news anyway for Ford, they deserve it.
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  • dkg999
    dkg999 Posts: 5,647
    edited January 2011
    I love my new Ford F150!

    Jstas - could you tell me when it is an opportune time for a wheel to leave a vehicle?
    DKG999
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  • Jstas
    Jstas Posts: 14,809
    edited January 2011
    dkg999 wrote: »
    I love my new Ford F150!

    Jstas - could you tell me when it is an opportune time for a wheel to leave a vehicle?

    When it's in the shop and you're getting new, blingin' dubs, yo!
    Expert Moron Extraordinaire

    You're just jealous 'cause the voices don't talk to you!
  • amulford
    amulford Posts: 5,020
    edited January 2011
  • cnh
    cnh Posts: 13,284
    edited January 2011
    What's up with the recalls? Is it OUTSOURCING?? That seems to be a big problem here, the inability to control the supply chain and quality parts within it?

    It's Fordism gone wild (assembly line/standard parts/whole, etc.). What do you do when parts are made in BATCHES for short periods in various parts of the world, including some in the U.S. Who INSPECTS all that? Who checks the STANDARDS? Just saying?

    On that note. YEARS ago, JBL (for example) used to make a big to-do over how they engineered and made everything they put into their products from drivers to cabinetry--from conception to finished piece? That's no longer the case, I'm sure. But it's interesting!

    cnh
    Currently orbiting Bowie's Blackstar.!

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  • disneyjoe7
    disneyjoe7 Posts: 11,435
    edited January 2011
    Still like my 99 Toyota 4runner, built in Japan. Still running strong @ 145k miles on the belt. :smile:

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  • LessisNevermore
    LessisNevermore Posts: 1,519
    edited January 2011
    dkg999 wrote: »
    I love my new Ford F150!

    Jstas - could you tell me when it is an opportune time for a wheel to leave a vehicle?

    Sing it with me Doug, "Ya picked a fine time to leave me, Loose wheel"
  • Jstas
    Jstas Posts: 14,809
    edited January 2011
    sing it with me doug, "ya picked a fine time to leave me, loose wheel"

    boooooooo!
    Expert Moron Extraordinaire

    You're just jealous 'cause the voices don't talk to you!
  • WilliamM2
    WilliamM2 Posts: 4,773
    edited January 2011
  • tonyb
    tonyb Posts: 32,957
    edited January 2011
    Nice to know we bailed them out with our money, shafted the stock and bond holders, so they can open plants in China and Mexico. Then to add insult to injury, they hold an IPO asking us to invest again in the same company that shafted us. I would never buy another GM product on principle alone.
    HT SYSTEM-
    Sony 850c 4k
    Pioneer elite vhx 21
    Sony 4k BRP
    SVS SB-2000
    Polk Sig. 20's
    Polk FX500 surrounds

    Cables-
    Acoustic zen Satori speaker cables
    Acoustic zen Matrix 2 IC's
    Wireworld eclipse 7 ic's
    Audio metallurgy ga-o digital cable

    Kitchen

    Sonos zp90
    Grant Fidelity tube dac
    B&k 1420
    lsi 9's