They’re done. They will not see another contract because of the projected losses, and they’re going to be held accountable for the defective part that was supposed to leave the plant in good working order, to spec, as set out by Toyota, unless the specs given by Toyota were faulty in the first place. Regardless, the damage has been done to CTS. As we speak, I believe, they are not making that part and therefore not producing. Anyone else that may have had contracts with them are gonna be pulling the fauck out by using any loophole possible to terminate their contract with CTS.
Toyota is the biggest automaker in the world, número UNO. This I’d a GM kind of loss. Be prepared to see lots of job slashes, production shutdowns, and closing dealerships. There are so many damn hands involved in cars from the beginning to the end. From the guys that make and process the metal to the delearships and everything inbetween. One mistake like this will jeopardize dozens upon dozens of different jobs. It’s really sad because So many people that have worked so damn hard for a living and have done nothing wrong are going to be indirectly “punished”.