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Stock impact report

Massive Honda recall impacts 440K vehicles over airbags potentially deploying ‘unexpectedly' [FOX Business Network]

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
Honda is recalling a massive fleet of 440,830 Odyssey minivans over a potentially serious airbag malfunction, following reports of dozens of injuries, federal regulators announced. In a notice dated April 9, the automaker warned that a software programming flaw could trigger the side airbags to deploy unexpectedly from relatively minor road impacts, including "driving over potholes, speed bumps, or road debris." "Air bags that deploy unexpectedly can increase the risk of injury," the National Highway Traffic Safety Administration (NHTSA) said. Regulators said the affected vehicles include 2018–2022 models manufactured between Jan. 24, 2017, and June 3, 2022. The issue was reportedly corrected in the production process thereafter, clearing subsequent model years from the recall To address the defect, authorized dealers will reprogram or replace the electrical units at no cost to vehicle owners. As of April 2, Honda has recorded 130 warranty claims and 25 reported injuries Show less Read more
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