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Old 3rd Mar 2010, 13:30
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GMDS
 
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Emirates short-to-medium term predictions

No doubt, the fabled XX is a mess, a corporate Black Swan like few the modern world has seen. A year ago, it was zooming along reasonably well even as economies crashed. While YY was put on government life support, XX was plotting a future for itself. Hubris accompanied XX headlong drive to be No 1. It compromised the quality and safety that made its reputation. An arrogant and non-transparent crisis response further tarnished trust. XX must work hard to regain it. - ….. – By putting profit ahead of safety, XX lost its way …


And there the analogy ends. You guessed right, its Toyota this genuine article talks about.
It continues with the following:

Toyoda (CEO) said “I sincerely regret”.


Now that's something we will never ever hear from an EK top-shot. In this part of the world they never learn.
So the next and last citation will eventually not happen at EK:

… Toyota lost its way – but not its future.


(Citations Bloomberg)
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