Reputation for manufacturing high-quality automobiles

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For decades, Toyota has earned a reputation for manufacturing high-quality automobiles. In 2009 and 2010, the car company experienced a wave of safety problems, resulting in a huge number of recalled autos. In response, Akio Toyoda, the president of Toyota issued the following statement:

We pursued growth over the speed at which we were able to develop our people and our organization," he said. "I regret that this has resulted in the safety issues described in the recalls we face today, and I am deeply sorry for any accidents that Toyota drivers have experienced."

In a 3 page double-spaced essay, explain what you think that Toyota’s president meant in his statement and how you believe that production is related to quality, in general, and at Toyota specifically.

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Reference no: EM132206740

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