My modern GZ250 have some chrome covers on the rear fender. When I removed it recently I discovered it was rusted on the back, but the chrome was shiny on the visible area.
I also thought about why the factory didn't protected the inside of the cover and came to this conclussion: the bike must look nice and shiny at the showroom, and be cheap. If it starts to rust in six or seven years, who cares? Bike manufacturers make a living out of building bikes. They need the bikes to tarnish, so the bike owner will rather buy a new one than have his bike painted or TLC'd. He will probably sold cheap secondhand, so the second owner will really not put much money on a cheap bike, and so the cycle starts again.
Raul