Jessica Smith
Senior Member
Toyota is now openly admitting to lowering their acceptable quality standards for parts on their vehicles, due to supply shortages to keep the production lines going. Previously rejected "scratch and dent" parts will now be used on brand-new vehicles as part of corporate policy.
Toyota is now using 75% of parts that previously would have been considered poor enough condition to reject.
Personally, I believe they simply know that the vehicles will sell in this market one way or another, regardless of blemishes. In spite of lower production, the high profit margins per vehicle with no need for incentives to dealers or customers has healthy profits, and Toyota has increased its profit projection for the year by 12%.
Thoughts?
Source: https://www.motorbiscuit.com/toyota-scratch-dent-parts-new-cars-save-money-amid-supply-chain-issues/
In short, while you won't have dented door panels or scratched dashes, you may buy your 2022 Toyota with a dented muffler or scratched up control arm.“We are careful about the outside of our vehicles, the parts you can easily see. But there are plenty of places that people don’t notice unless they really take a good look,” Takefumi Shiga, Toyota’s chief project leader for vehicle development, said during a press briefing.
Toyota is now using 75% of parts that previously would have been considered poor enough condition to reject.
Personally, I believe they simply know that the vehicles will sell in this market one way or another, regardless of blemishes. In spite of lower production, the high profit margins per vehicle with no need for incentives to dealers or customers has healthy profits, and Toyota has increased its profit projection for the year by 12%.
Thoughts?
Source: https://www.motorbiscuit.com/toyota-scratch-dent-parts-new-cars-save-money-amid-supply-chain-issues/