Honda

THE AIRBAG RECALL CRISIS

Reports of Takata coverup 'require a criminal investigation,' lawmakers say

11:00 am U.S. ET | Nov. 7, 2014
Lawmakers have called for a federal criminal probe into Japanese auto supplier Takata following a report that the company destroyed results of airbag tests conducted in secret in 2004....
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Takata execs ordered technicians to erase airbag test results, report says

10:23 pm U.S. ET | Nov. 6, 2014
Takata, the Japanese supplier at the center of a global vehicle recall, ordered its technicians to destroy results of tests on some of its airbags after finding cracks in inflators, The New York Times reported....
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Honda upgrades Takata airbag repair campaign in U.S. to recall

10:14 pm U.S. ET | Nov. 6, 2014
Honda, the automaker most affected by an auto-safety crisis involving Japanese supplier Takata, said it would upgrade a airbag repair campaign in the United States to a formal recall....
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Takata widens loss forecast, raises uncertainty over airbag liabilities

6:21 am U.S. ET | Nov. 6, 2014
Takata, the Japanese airbag supplier at the center of a safety crisis, widened its annual loss forecast, will skip a dividend payout and warned it can't estimate the full financial liability as regulators urge automakers to speed up recalls....
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Honda Canada to invest $750 million in Ontario plants

12:33 pm U.S. ET | Nov. 6, 2014
Honda's Canadian unit said today it plans to invest C$857 million ($750 million) over three years to upgrade manufacturing plants in Alliston, Ontario, which will be the global lead for production of the next-generation Honda Civic....
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Honda ordered to deliver airbag documents to NHTSA

3:04 pm U.S. ET | Nov. 5, 2014
Federal safety regulators today ordered Honda to provide documents and answer questions under oath related to the government's ongoing probe of potentially defective air bags installed in millions of recalled vehicles in the United States....
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Takata airbag customers seek joining of lost-value suits

9:57 am U.S. ET | Nov. 5, 2014
Lawyers suing Japanese auto supplier Takata over customer claims of lost vehicle value connected to airbag recalls asked that they be combined in a single federal court, which would give them a united front in pursuing the cases....
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Honda being probed by U.S. over Takata airbag failures

5:04 pm U.S. ET | Nov. 3, 2014
Federal auto safety regulators have ordered American Honda to answer questions under oath about how it reports defect-related death and injury claims to the government after the automaker last month was accused of failing to report at least two incidents tied to defective Takata airbags....
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Honda’s redesigned CR-V outsells Accord, Civic

10:57 am U.S. ET | Nov. 3, 2014
Early sales results for the redesigned 2015 CR-V suggest Honda should have little cause for concern about pole position in the compact crossover segment....
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Takata airbag recall puts pressure on Honda

12:01 am U.S. ET | Nov. 3, 2014
Embroiled in a massive recall related to airbags, Honda Motor Co. and its U.S. dealers have gotten off to an orderly start in repairing affected vehicles....
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Feds push Takata to outsource inflators Rivals TRW

12:01 am U.S. ET | Nov. 3, 2014
Under pressure from federal regulators, airbag manufacturer Takata Corp. has asked rival suppliers if they can help produce replacement inflators for the company's customers....
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Takata must rev up airbag replacement effort, NHTSA warns

9:33 pm U.S. ET | Oct. 31, 2014
U.S. auto safety officials on Friday told Takata to work harder to meet demand for replacement parts for airbags that could prove defective in millions of U.S. cars....
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Honda, Takata sued in California for airbag-related recalls

8:06 am U.S. ET | Oct. 31, 2014
Honda and airbag supplier Takata were sued by a driver seeking damages on behalf of the owners of 5 million Honda and Acura models recalled so far in the United States to replace potentially unsafe airbags....
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Airbag investigators focus on metal shards sprayed at crashes

6:56 am U.S. ET | Oct. 30, 2014
More details are emerging about accidents involving Takata airbags -- and the horrific injuries and subsequent lawsuits that resulted from them. Takata, which accounts for about a quarter of all airbag inflators produced globally, is finding it far more difficult to silence safety questions....
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Lawyers urge U.S. judge to move quickly in Takata airbags case

1:19 pm U.S. ET | Oct. 30, 2014
Lawyers for consumers in the United States asked a federal judge in Miami today to speed up a class action lawsuit against Japanese auto parts maker Takata and four automakers, saying that public safety was at stake over defective airbags....
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NHTSA steps up inquiry into defective Takata airbags

7:39 pm U.S. ET | Oct. 29, 2014
More than 18 months after Honda and other automakers announced recalls to fix exploding airbags, U.S. regulators are now asking the companies to speed up repairs.In letters today to 10 automakers, the National Highway Traffic Safety Administration asked for details about how the companies are reaching nearly 8 million affected consumers and what is being done for people who are afraid to drive their cars....
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Honda says quarterly North American operating profit drops 14%

10:01 am U.S. ET | Oct. 28, 2014
Falling sales and hefty incentives undercut North American profit at Honda in the latest quarter, as the automaker trimmed its full-year sales and profit outlooks....
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More airbag recalls could test automakers' Takata ties

8:29 pm U.S. ET | Oct. 27, 2014
Japan's Takata, whose potentially defective car airbags have been linked to four deaths in the United States, is unlikely to be dumped by its automaker customers given the cost and disruption of such a move -- for now....
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'Un-Honda-like' problems plague new plant in Mexico

12:01 am U.S. ET | Oct. 27, 2014
Honda's new $800 million plant in Celaya, about 160 miles northwest of Mexico City, has been struggling to meet demand amid problems caused by a green labor force, language barriers and a rail system prone to delays and occasional thefts, according to dealers who have discussed the matter with Honda officials....
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Honda to take $53 million charge for recalls, including Fit

6:57 am U.S. ET | Oct. 27, 2014
Honda Motor Co. said it will book 5.7 billion yen ($53 million) in additional recall charges for vehicles, including the top-selling Fit compact car and the new Vezel SUV....
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Honda, after 5th Fit recall, appoints first quality czar; top execs take pay cut

6:28 am U.S. ET | Oct. 23, 2014
In an unprecedented move, Honda, announcing its fifth Fit recall in 12 months, appointed a quality czar to clamp down on problems. Senior executives will also take pay cuts for three months to take responsibility for the recall-plagued car....
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GABE NELSON

Why Honda is venturing into Oculus' virtual world

11:56 am U.S. ET | Oct. 23, 2014
From the back seat of an Acura MDX, I peered out at a stone house on a cliff, fields of wind-swept grass and blue butterflies close enough to touch. All of it was a mirage. In reality, I was in the parking lot of the Honda Silicon Valley Lab in Mountain View, Calif....
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Nissan expands Takata airbag recall by 260,000 units worldwide

7:08 am U.S. ET | Oct. 23, 2014
Nissan today expanded a global recall of cars using Takata-made airbags, which have been linked to four deaths in Honda cars....
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NHTSA apologizes as scrutiny in airbag case grows

10:22 pm U.S. ET | Oct. 22, 2014
The National Highway Traffic Safety Administration’s top official, facing heightened scrutiny over the agency’s handling of a deadly airbag defect, apologized late Wednesday for publishing inaccurate information this week in the agency’s warnings about the defect and for technical glitches that made its online recall search tool largely inaccessible....
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List of 7.8 million vehicles involved in the Takata airbag recalls

6:50 am U.S. ET | Oct. 22, 2014
Owners of the following vehicles are being urged to act immediately on recalls involving potentially defective airbags made by Takata, according to a corrected list distributed late Tuesday by the National Highway Traffic Safety Administration....
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