Tag Archive | "Honda Motor Co."

Honda Expands Airbag Recall Again, Covering 379,000 More Autos

LOS ANGELES – American Honda Motor Co., again expanding a 2008 recall, will replace driver’s-side airbag inflators in an additional 378,758 U.S. vehicles from the 2001 and 2002 model years, reported Automotive News.

The inflators may deploy with too much pressure, rupturing a surrounding casing and sending metal fragments through the airbag cushion material to cause injury or death.

Honda said in a statement that it is aware of 12 incidents related to the issue.

The original recall in late 2008 was for about 4,000 Civics. No new incidents have been reported since an expanded recall in July 2009 that covered about 440,000 vehicles. One fatality, announced along with the second recall, has been reported.

The announcement brings the total American Honda recall to more than 826,000 vehicles.

With it, Honda has added 2001 and 2002 Accord, Civic, Odyssey, CR-V, and selected 2002 Acura TL models to the earlier actions. Some vehicles in Canada are included.

Vehicles in other markets are subject to parent Honda Motor Co.’s recall procedures. The global total covered by Tuesday’s development is 438,000.

Customers will be notified starting this month.

All the systems were assembled by airbag supplier TK Holdings, a subsidiary of Takata Corp.

Two manufacturing processes were used in making the airbags. Although Honda could verify the quality of one manufacturing process, it could not verify the other, said John Mendel, American Honda executive vice president, in a conference call.

He called the problem “a propellant issue.”

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Honda Lifts Profit Forecast, Sees Further Growth

TOKYO – Honda Motor Co. lifted its annual guidance far beyond market expectations after cost cuts drove quarterly profit to the strongest in a year and a half. The automaker said it anticipates further growth in the next fiscal year, Reuters reported.

Japan’s No.2 automaker has weathered the industry’s turmoil better than many rivals as its profitable and dominant motorcycle business cushioned the blow to global car demand from the financial crisis.

Honda’s car business, heavy in fuel-efficient models such as the Civic and Jazz, has also turned up over the past three quarters thanks to government sales incentives such as the United States’ cash-for-clunkers program last summer.

With its car sales roughly on track to reach 3.6 million vehicles next business year, a top executive said Honda should be able to make an operating profit of about $1.1 billion per quarter, providing a rare insight into the outlook for the financial year starting on April 1.

“Under these sales conditions, I see a fundamental ability to make 100 billion yen in operating profit every quarter,” Executive Vice President Koichi Kondo told a news conference.

That would indicate a full-year operating profit of 400 billion yen ($4.39 billion) for the year to March 2011, or up 25 percent from Honda’s revised guidance of 320 billion yen for this year.

Honda may also benefit from the global recall of millions of vehicles by larger rival Toyota Motor Corp., particularly in the key U.S. market, although Kondo — and analysts — said the opposite could also happen.

“There’s a chance that the image of all Japanese cars will worsen in North America and elsewhere,” said Mitsushige Akino, chief fund manager at Akiyoshi Investment Management. “We just don’t know. There are things we still can’t predict.”

Honda had to initiate a recall of its own last week, saying it would recall some 646,000 of its Fit/Jazz and City models globally due to a faulty window switch after a child died when fire broke out in a car last year.

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Honda Recalls 646,000 Small Cars Globally for Faulty Window Switch

TOKYO – Honda Motor Co. recalled 646,000 of its Fit/Jazz and City automobiles globally over a faulty window switch after a child died when fire broke out in a car last year, Reuters reported.

The recall includes 141,084 vehicles in the United States and covers the models sold in North America, South America, Europe, South Africa and Asia, but not Japan, a spokeswoman said.

The Fit is Honda’s best-selling model in Japan.

The U.S. recall covers Fits from model years 2007 and 2008, Honda spokeswoman Christina Ra said.

Earlier this week, Toyota Motor Corp. announced it would extend to Europe and China a recall of millions of vehicles due to faulty accelerator pedals and floor mats.

Honda said the recall was to fix a defective master switch, which could cause water to enter the power window switch and in some cases cause a fire.

There were three reported cases of fires due to the defect, two in the United States and one in South Africa, the spokeswoman said.

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