Recallapalooza: Honda pulls back 438,000 vehicles for airbag problem
Lest you think it's just Japanese auto giant Toyota that appears to be recalling every vehicle it's ever made, Honda this morning announced a massive recall.
Japan's No. 2 automaker said today that it is recalling 438,000 cars to replace an airbag deflator that could scarily rupture during an accident and shoot bits of debris toward the driver.
This follows a separate recall two weeks ago of 646,000 subcompacts badged as the Fit in the U.S. and the Jazz elsewhere in the world to fix a faulty window switch. The thing failed terribly in South Africa and caused a fire in the vehicle, resulting in a death. This recall flew totally under the radar, as most consumers were fixated on Toyota's ongoing problems.
Honda thought it had fixed the airbag issue. It issued recalls in 2008 and 2008, covering 510,000 vehicles, for the same problem.
Shares of Honda are down about 5 percent since mid-January.
Follow me on Twitter at @theticker
By
Frank Ahrens
|
February 10, 2010; 10:24 AM ET
Categories:
The Ticker
| Tags: Fit, Honda, Honda recall, Jazz, toyota recall model and years
Save & Share:
Previous: GM: No problems yet on our hybrid brakes
Next: Stocks rebound after morning slump
Posted by: leroyad | February 10, 2010 2:19 PM | Report abuse
The comments to this entry are closed.
You have missed the point of these stories. It's about corporate culture. Honda et al. readily recall their vehicles when they find a problem. Toyota tries hard and long to cover up safety issues with its vehicles.