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however they rarely factor in loss in stock price...
Posted by: iconoclast (1064) on 2010-02-09 06:23:54 In Reply to: well... the US does have better actuaries posted by Bert on 2010-02-09 02:14:15	Share \| Report

for a >2b dollar fix it cost toyota over 35b in stock price... would have been cheaper to just buy back every car then to even announce recall or suffer from this bad press... but most likely that would never happen, so here we are.

Thread:

Have any of the big three had a recall as huge as Toyota? - David_TT225QC 2010-02-09 02:02:55 (13 views)
- Umm Audi.? - Ricestang 2010-02-09 06:27:40 (4 views)
  - that was 250k cars... - iconoclast 2010-02-09 06:49:04 (48 views)
    - Nowhere near that many for Audi.. It was only FWD 5000 models. Quattros were manual. - Fusilier 2010-02-09 09:27:12 (4 views)
      - ... - iconoclast 2010-02-09 14:50:26 (3 views)
    - More than 2 deaths. 4 died in 1 crash alone. - JeepRage 2010-02-09 08:20:14 (5 views)
      - thats right i forgot that family that died in california. - iconoclast 2010-02-09 09:03:25
- lol, yes. far worse. - iconoclast 2010-02-09 06:21:44 (35 views)
  - So... GM and Ford both had one as large decades ago. And GM's reputation is still ruined. - David_TT225QC 2010-02-09 14:54:38 (4 views)
    - toyotas damage control has been pretty good... - iconoclast 2010-02-09 15:08:54 (3 views)
      - actually, they jumped on the issue after the DOT made them shut down their factories. - David_TT225QC 2010-02-09 15:11:48 (2 views)
        
        i thought the factory close was their choice... - iconoclast 2010-02-09 15:25:24 (1 view)
- umm firestone / ford? - a_o_smith 2010-02-09 02:20:13 (6 views)
  - but did that cost ford anything? - Bert 2010-02-09 02:31:55 (14 views)
    - it wasn't just financial... - Hugh Jardon 2010-02-09 03:03:02 (3 views)
- well... the US does have better actuaries - Bert 2010-02-09 02:14:15 (19 views)
  - however they rarely factor in loss in stock price... - iconoclast 2010-02-09 06:23:54 (8 views)
- In 2008 Ford announced its biggest recall ever - 9.6 million vehicles - Seattle Scott 2010-02-09 02:13:08 (60 views)
  - Wow, and they are the only ones making a profit - David_TT225QC 2010-02-09 02:42:07 (2 views)
- by # or % - thomas1978 2010-02-09 02:04:17 (7 views)
  - % would probably be Ferrari. - raincoatcharlie 2010-02-09 03:08:08 (2 views)
  - % of what? model or overall sales? over what timeline? - David_TT225QC 2010-02-09 02:06:06 (4 views)

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