"The quality of Japanese cars sold in the U.S. fell below the industry average this year, trailing Korean and European models, according to J.D. Power."
Consumer reports thinks that Toyota (and Lexus) and Honda make top quality cars for their price points. The average Japanese car may be of lower quality than the average European car but this doesn't mean any standards are eroding. I am not sure how you get from this, Takata, and one crooked building to how they are not what they used to be and should send more work offshore.
Not every company can be Apple and most industries don't have high margins. I think Japan should stick to what it does best and outsource as little as possible -- but try to improve the quality of their industrial design. The weaker Yen is an attempt to make Japan competitive in this model.
Consumer reports thinks that Toyota (and Lexus) and Honda make top quality cars for their price points. The average Japanese car may be of lower quality than the average European car but this doesn't mean any standards are eroding. I am not sure how you get from this, Takata, and one crooked building to how they are not what they used to be and should send more work offshore.
Not every company can be Apple and most industries don't have high margins. I think Japan should stick to what it does best and outsource as little as possible -- but try to improve the quality of their industrial design. The weaker Yen is an attempt to make Japan competitive in this model.