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Stock impact report

Honda forced into another recall over potentially dangerous issue [Yahoo! Finance]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: Yahoo! Finance
For at least the third time over this past month and a half, the Japanese auto giant is issuing a massive recall for a hazardous issue. The first recall, announced on Oct. 31 through the National Highway Traffic Safety Administration (NHTSA) , involves Honda Civic models spanning six model years. Honda Civics from model years 2016 to 2021 with 18-inch alloy wheels are affected. The company warned that loose or missing lug seat inserts could cause the wheel nuts to loosen over time, potentially leading to wheel separation during use. According to the safety recall report , the defect originated when a factory worker at the wheel supplier's facility in Italy moved a safety fence that separated finished wheels from unfinished ones. In November, Honda announced a recall of more than 250,000 Accord Hybrids due to a potentially dangerous software flaw that could cause the CPU to reset while driving, resulting in the car losing drive power, according to an NHTSA alert On Wednesday Show less Read more
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