Honda Also Facing Recall Troubles

Honda Also Facing Recall Troubles

Most public attention hinge automakers recently has focused on the recall problems facing Toyota, but Toyota is certainly not the only automaker facing alike troubles. Honda ' s auto recall woes are burgeoning; earlier this bout; its recall encompassing 443, 000 vehicles was expanded to accommodate 378, 000 additional vehicles. This recall is expected to cost Honda $2. 2 to $3. 3 million.
In the United States, the latest round of Honda recall notices employ to 2001 and 2002 models of the Accord, Governmental, Visit, CR - V, Aviator and 2002 Acura TL and CL vehicles.
What may prove more troubling for Honda than the total amount of cars needing repair is the weight of the potential defect with the airbags in the vehicles. On deployment, excessive pressure can shoot metal shards through the airbag framework, potentially injuring vehicle occupants. The Wall St. Logbook reported that one person has died and 11 were injured in car accidents involving defective Honda airbags.
The scorn of a device intended to increase occupier safety harming occupants who might mismated escape injury in a collision is not one likely to set well with Honda owners.
Honda has distanced itself from blame for the defectunderlying its airbag recalls, placing the blame on a particular parts manufacturer. Yoichi Hojo, Honda ' s paramount monetary officer, told Reuters that the U. S. any of Japan ' s Takata Corp. deviated from the design friendly by Honda when manufacturing the airbags. Honda is seeking budgetary compensation from Takata.
Because of its perceived foot - dragging in ordering recalls, Toyota is currently the theory of intense Congressional gaze. With Honda having issued its first scrap of recall notices in November 2008, its aid joust in July and its interrogatory in February, it too may find itself the matter of investigation.
The cost of any auto recall decreases with occasion; when more vehicles in the model class are retired from the road, the automaker has fewer cars to recall. As a repercussion, delaying a recall may accommodate cost - assets for manufacturers.
If a manufacturer knows of defects and delays just life to correct them, however, any reserves could be counterbalance by punitive damage honours rendered in product liability lawsuits. Unlike compensatory damages that redeem injury victims for harm suffered, punitive damages are awarded to punish wrongdoers and prevent future identical misconduct.