follow ft86club on our blog, twitter or facebook.
FT86CLUB
Ft86Club
Speed By Design
Register Garage Community Calendar Today's Posts Search

Go Back   Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB > Off-Topic Discussions > Other Vehicles & General Automotive Discussions

Other Vehicles & General Automotive Discussions Discuss all other cars and automotive news here.


User Tag List

Reply
 
Thread Tools Search this Thread
Old 02-01-2016, 08:40 AM   #1
mdm
not a twin owner
 
mdm's Avatar
 
Join Date: Jan 2016
Drives: 2016 Veloster Turbo DCT
Location: Northern Virginia, USA
Posts: 734
Thanks: 992
Thanked 463 Times in 267 Posts
Mentioned: 7 Post(s)
Tagged: 2 Thread(s)
Toyota suspends production in Japan for a week

http://www.reuters.com/article/us-to...-idUSKCN0VA15R

I guess FR-S won't be affected because they are made in a Subaru factory.
mdm is offline   Reply With Quote
The Following User Says Thank You to mdm For This Useful Post:
Tcoat (02-01-2016)
Old 02-01-2016, 09:37 AM   #2
Tcoat
Senior Member
 
Tcoat's Avatar
 
Join Date: Jul 2014
Drives: 2020 Hakone
Location: London, Ont
Posts: 69,845
Thanks: 61,656
Thanked 108,283 Times in 46,456 Posts
Mentioned: 2495 Post(s)
Tagged: 50 Thread(s)
Well some part supplier is going to be forking over millions in penalties to Toyota that is for sure.
__________________
Racecar spelled backwards is Racecar, because Racecar.
Tcoat is offline   Reply With Quote
Old 02-01-2016, 11:33 AM   #3
Lynxis
Senior Member
 
Lynxis's Avatar
 
Join Date: Sep 2014
Drives: 2013 WRB BRZ 6MT
Location: Ontario Canada
Posts: 1,020
Thanks: 917
Thanked 604 Times in 387 Posts
Mentioned: 5 Post(s)
Tagged: 2 Thread(s)
Garage
Quote:
Originally Posted by Tcoat View Post
Well some part supplier is going to be forking over millions in penalties to Toyota that is for sure.
While Toyota may seek penalties from the supplier for failing to fulfill their obligations, it's unlikely that the supplier will pay out of pocket and more likely to be covered by the insurance coverage that will take care of the blast that caused these issues to begin with.
Lynxis is offline   Reply With Quote
The Following User Says Thank You to Lynxis For This Useful Post:
Tcoat (02-01-2016)
Old 02-01-2016, 11:36 AM   #4
Tcoat
Senior Member
 
Tcoat's Avatar
 
Join Date: Jul 2014
Drives: 2020 Hakone
Location: London, Ont
Posts: 69,845
Thanks: 61,656
Thanked 108,283 Times in 46,456 Posts
Mentioned: 2495 Post(s)
Tagged: 50 Thread(s)
Quote:
Originally Posted by Lynxis View Post
While Toyota may seek penalties from the supplier for failing to fulfill their obligations, it's unlikely that the supplier will pay out of pocket and more likely to be covered by the insurance coverage that will take care of the blast that caused these issues to begin with.
Yep! I deal with the insurance company inspections a couple of times a year. They really don't care about replacing the equipment or even the building in the event of a disaster. They are much more focused on the interruption of production and the resulting penalties than the physical costs.
__________________
Racecar spelled backwards is Racecar, because Racecar.
Tcoat is offline   Reply With Quote
Old 02-01-2016, 11:46 AM   #5
Lynxis
Senior Member
 
Lynxis's Avatar
 
Join Date: Sep 2014
Drives: 2013 WRB BRZ 6MT
Location: Ontario Canada
Posts: 1,020
Thanks: 917
Thanked 604 Times in 387 Posts
Mentioned: 5 Post(s)
Tagged: 2 Thread(s)
Garage
Yeah because it might cost them 1m to rebuild the facility and get production back on track quickly but the penalties could be in the 10s of millions depending on the level of impact. Shutting down a major automakers production for a week would definitely be on that level.
Lynxis is offline   Reply With Quote
Old 02-01-2016, 12:02 PM   #6
df.dima
Senior Member
 
Join Date: May 2012
Drives: FR-S and Mazda 3 Sky
Location: Kitchener, ON
Posts: 341
Thanks: 10
Thanked 132 Times in 93 Posts
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
I wonder if they will crank up the RX production in Cambridge if there is a demand for it over there, not sure if they ever imported the RX back into Japan, wouldn't it be funny, people would be fretting it as "lower quality" stuff haha. RHD car assembly? They probably don't make the right parts on this side of the pond... They do make few LHD over there for importing to here.
df.dima is offline   Reply With Quote
Old 02-01-2016, 12:27 PM   #7
mav1178
Senior Member
 
mav1178's Avatar
 
Join Date: Apr 2013
Drives: 2005 Toyota Camry
Location: 91745
Posts: 6,562
Thanks: 493
Thanked 6,093 Times in 3,029 Posts
Mentioned: 95 Post(s)
Tagged: 3 Thread(s)
Quote:
Originally Posted by Tcoat View Post
Well some part supplier is going to be forking over millions in penalties to Toyota that is for sure.
Doubt it, since it's partially owned by Toyota:

https://en.wikipedia.org/wiki/Toyota_Group
mav1178 is offline   Reply With Quote
Old 02-01-2016, 12:31 PM   #8
Tcoat
Senior Member
 
Tcoat's Avatar
 
Join Date: Jul 2014
Drives: 2020 Hakone
Location: London, Ont
Posts: 69,845
Thanks: 61,656
Thanked 108,283 Times in 46,456 Posts
Mentioned: 2495 Post(s)
Tagged: 50 Thread(s)
Quote:
Originally Posted by mav1178 View Post
Doubt it, since it's partially owned by Toyota:

https://en.wikipedia.org/wiki/Toyota_Group
Oh the insurance will still pay off. I should have been clearer in my first post.
__________________
Racecar spelled backwards is Racecar, because Racecar.
Tcoat is offline   Reply With Quote
 
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Toyota 86 GTS for production this year available Sergie AUSTRALIA 10 07-23-2012 04:56 AM
Toyota Japan 86 Official website - http://toyota.jp/86 kaspa_lee Scion FR-S / Toyota 86 GT86 General Forum 2 11-29-2011 03:56 AM
Production Toyota FT-86 Details and Design Previewed by Toyota Sports Vehicle Boss ft86cbx Scion FR-S / Toyota 86 GT86 General Forum 541 11-18-2011 09:04 PM
Toyota ft-86 G-Sport will go into production...? 2jz-gte4life Scion FR-S / Toyota 86 GT86 General Forum 22 12-31-2010 07:34 PM


All times are GMT -4. The time now is 09:59 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.

Garage vBulletin Plugins by Drive Thru Online, Inc.