Toyota lost its way in the late 2000s because it:
A)underestimated USA competition
B)tried to increase prices higher than the market would tolerate
C)emphasized production in the US
D)cut costs aggressively in order to increase profitability

Question

Quizplus · Accepted Answer

Toyota faced significant challenges in the late 2000s due to aggressive cost-cutting measures that ultimately impacted the quality of its vehicles, leading to widespread recalls and damage to its reputation for reliability.

Toyota Lost Its Way in the Late 2000s Because It