That is exactly the case, Alobar. It's self-centered profit taking pushed to every extreme that can be found. That's basically what's taught in business schools now, not also corporate responsibility to its employees, customers, and environment in which it operates.
The over-weening douchebags named above (a few of which have worked for nefarious outfits such as Rand Corp.) and others like them at Harman would have unceremoniously canned an Einstein or Steve Jobs or Edison like they did Greg T. if it served their greedy interests in the slightest.
There is no brand loyalty or respect for what came before, or even national loyalty (keep the brand in the U.S. made by Americans), thanks to globalization. If an extra nickel in profit can be squeezed out by using a cheaper fastener or grade of paint or process, or lower-paid workers, etc., that's what they'll do...AND while attempting to ask the same or higher price for the same model but lower quality product.