Highlights from the article: "Toyota may delay some of its new models, the company's president said Friday, as the world's No. 2 automaker tries to improve its quality control process in order to reduce a spate of recalls that is threatening its reputation. "The possible delays come amid a period of strong growth for Toyota Motor Corp., which is in the process of meeting demand for its fuel-efficient vehicles by increasing production at plants across the globe, including in the United States, China, Canada, Thailand, Mexico and Russia. : "The Wall Street Journal reported on Friday that Toyota was considering slowing the development of some new models by as much as six months because of the quality problems. "Watanabe, however, said the company's emphasis was on making sure quality-control procedures were properly carried out, rather than on how much time the process took. He denied the recalls occurred because Toyota rushed the development of some models. : "I feel we are making progress," Watanabe told reporters. He also said he did not know of any specific models that could be delayed by the changes." More at: http://biz.yahoo.com/ap/060825/japan_toyota.html?.v=16
This is a good thing IMO. I see two main reasons for it. 1) Toyota can afford to do it. 2) Toyota knows they can't afford not to do it.
There is a reason Toyota has not had a negative financial year since before the CEOs of the other companies were born. If they believe there is a problem and slow production until they find the problem and fix it, they will only earn the respect of those people intelligent enough to realize that safety comes before sales. Also:
