Daihatsu, the Japanese automaker owned by Toyota, has halted domestic production after admitting it forged the results of safety tests for its vehicles for more than 30 years.

  • Captain Aggravated@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    8
    ·
    10 months ago

    At some point there needs to be physical punishments for shareholders. Like, “Oh, you invested in a company that’s been willfully flaunting safety regulations for a generation? Yeah, you don’t get to have hands anymore. Maybe you should have done some more due diligence.”

    Stumpify a few hundred thousand wall street types and maybe there’ll be a culture change.

    • Andrenikous@lemm.ee
      link
      fedilink
      English
      arrow-up
      4
      ·
      10 months ago

      Due diligence

      What would due diligence be by shareholders in a situation like this?