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Honda May Recall 20 Million More Airbags; Supplier Takata Plunges into the Red

Size of airbag recall could more than double.

by on May.09, 2016

A Takata airbag after a vehicle crash.

Honda is reportedly getting ready to announce the recall of as many as 20 million more airbags due to the risk they could malfunction and injure, possibly kill occupants by sending shrapnel flying into the passenger compartment.

The report, published by Japanese newspaper Nikkei, comes less than a week after the U.S. National Highway Traffic Safety Administration ordered the recall of 35 million to 40 million more airbags using inflators provided by Japanese auto supplier Takata. The defect has so far been linked to hundreds of injuries while the death count last week rose to 13 worldwide.

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Hammered by the recall, hit with hefty fines and facing numerous lawsuits, Takata said today that it is expecting to report a loss of about $120 million when it reports earnings on Wednesday. It originally had expected to show a modest profit.


Airbag Control Module Defect Forcing Seven Makers to Recall 5 Mil Vehicles

Problem could prevent airbag deployment in crash – or trigger inflation accidentally.

by on Feb.04, 2016

The 2008 Honda Accord is one of the vehicles affected by a recall due to faulty airbag controllers.

A total of 5 million vehicles will be recalled due to a defective airbag control module that could accidentally trigger one of the devices – or prevent an airbag from deploying in the event of a crash.

The announcement by German supplier Continental comes less than a day after one of its customers, Honda Motor Co., issued a recall covering 341,000 Accord sedans. Separately, the Japanese maker also announced it was recalling 2.23 million Honda and Acura vehicles due to faulty Takata airbags.

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Widely hailed as one of the most significant safety devices since the introduction of the seatbelt, airbags have become the source of some of the biggest recalls in recent years. The Takata problem alone is now affecting more than 20 million vehicles in the U.S.


Honda Expanding Takata Recall, Reveals Separate Airbag Problem

Nearly 2.6 mil Honda, Acura models now facing recall.

by on Feb.04, 2016

The Honda CR-V from model years 2007 to 2011 is now part of the Takata airbag recall.

Honda now says it will recall more than 2.2 million vehicles due to faulty Takata airbags, about 500,000 more than was originally reported on Wednesday. And the maker says a separate airbag defect will force it to recall 341,000 more vehicles.

All told, the problem with Takata airbag inflators forced Honda and its Acura luxury brand to recall 8.51 million vehicles, more than any other manufacturer. But the defect – which can cause airbags to overinflate and spew shrapnel into the passenger compartment – has now forced the recall of more than 20 million vehicles by at least 10 manufacturers in the U.S. alone.

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The second recall involves the popular Honda Accord sedan. Older models can experience a failure of their airbag control units, which means the supplemental restraint system, or SRS, may not deploy in a crash. A number of other manufacturers are affected by this problem, as well. (more…)

As 9th Takata Death Reported, Honda Again Expands Airbag Recall

Teen driver suffers fatal injuries from faulty airbag inflator.

by on Dec.23, 2015

2003 Honda CR-V crossovers are covered by the latest expansion of the Takata recall.

Federal regulators say a faulty airbag inflator appears to have caused the death of a young driver, the ninth fatality so far linked to a system provided by Japanese supplier Takata.

The announcement by the National Highway Traffic Safety Administration came as Honda announced the latest in a series of recalls involving vehicles equipped with Takata airbags. So far, close to 20 million vehicles sold in the U.S. have been targeted for safety repairs due to the use of suspect airbag inflators.

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All eight of the Takata airbag deaths identified as occurring in the U.S. involved Honda vehicles. Another death was reported outside the States.


Honda Boosts Quarterly Earnings Despite Cost of Takata Recalls

Honda ends ties with Takata in wake of airbag scandal.

by on Nov.04, 2015

Honda showed off its new fuel-cell vehicles, the Clarity, at the Tokyo Motor Show last week.

Honda quarterly earnings rose 7%, to 127.7 billion yen, or $1 billion, from a year earlier despite the hefty cost of repairing vehicles using potentially deadly Takata aibags.

The third-largest of the Japanese makers released results for the July-September period, the second in its fiscal year, a day after it announced it would no longer work with Takata, long one of its most important suppliers under the so-called keiretsu system.

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“We have become aware of evidence that suggests that Takata misrepresented and manipulated test data for certain air bag inflators,” Honda explained on Tuesday. “Honda expects its suppliers to act with integrity at all times, and we are deeply troubled by this apparent behavior by one of our suppliers.”


Latest Honda Airbag Recall Lengthens Shadow of Product Doubt

Industry tracking to beat last year record-setting recall year of 64 million.

by on Oct.30, 2015

The 2008 Honda Accord is part of another recall for faulty airbags. The maker is recalling 300,000 of the vehicles from 2008 and 2009.

If you own a Honda Accord, don’t slam that door too hard. The Japanese automaker is recalling 300,000 of the cars from 2008 and 2009 because the side-impact airbags may deploy if the door is “forcefully slammed.”

There have been 19 complaints about the issue, which the maker blamed on an incorrect sensor calibration. The problem affects both the air curtains, which are in the roof above the side windows and provide head protection, and airbags in the side of the seat that protect the torso.

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The National Highway Traffic Safety Administration started investigating the problem last year due to the complaints, which included several instances of the automaker refusing to pay for the repair. (more…)

Honda Adds Another 4.5 Mil Takata Airbags to Recall List

Further recalls could be possible.

by on Jul.09, 2015

Honda CEO Takahiro Hachigo said the automaker won't financially assist Takata.

Already having recalled more vehicles for defective Takata airbags than any other manufacturer, Honda Motor Co. is adding another 4.5 million vehicles to its global tally, it announced today.

More than a third of those vehicles were sold in Japan, according to Honda, which noted that none of the affected vehicles are in North America. Until recently, the U.S. and Canada constituted the bulk of the recalls involving Takata airbags, but the latest announcement from Honda suggests the problem is much more widespread.

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The latest recall appears to bring the total number of vehicles impacted by faulty Takata airbags to more than 40 million worldwide. At least eight deaths have been directly linked to the problem, all in Honda vehicles. So far, all but one occurred in the U.S. But it remains to be seen if more fatalities will be added to the list as manufacturers expand the scope of their recalls abroad.


Recalls Hammer Honda Earnings

Japanese maker’s net income tumbles 43%.

by on Apr.29, 2015

A Takata airbag after a crash.

The recall crisis that reached record levels last year has continued to hammer the auto industry, as Honda shows with the release of its weak, January-to-March earnings report.

The recall of vehicles equipped with potentially faulty Takata airbags led to a 43% year-over-year decline in the maker’s bottom line for the fourth quarter of its fiscal year. At $814 million, or 45 cents per share, the net income was well short of the market forecast of 59 cents a share, according to Zacks Consensus Estimate.

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But Honda laid out a more upbeat forecast for the year ahead, projecting a nearly 10% increase in revenues and a more modest 0.4% increase in net income for the 2016 fiscal year.


Honda Expands Takata Airbag Recall Campaign

Maker adds 100,000 vehicles to list.

by on Mar.20, 2015

Honda added nearly 89,000 2008 Pilot SUVs to its recall of vehicles with Takata's faulty airbags.

Honda continues getting ahead of the Takata airbag recall as it announced recently it’s expanding its national safety campaign by more than 100,000 vehicles. The move comes shortly after the Japanese maker launched an advertising campaign aimed at raising awareness among owners of these vehicles.

The automaker used the faulty Takata airbags in millions of its vehicles during the course of a decade. The airbags in question, which can explode with such force during operation they eject shrapnel into the cabin, have caused the recall of approximately 20 million vehicles globally. With these additional vehicles added, Honda is recalling about 5.5 million vehicles in the U.S.

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Honda is adding 88,549 Pilot vehicles from the 2008 model year, 10,868 specific 2004 Civic vehicles and 5,454 specific 2001 Accord vehicles. While certain 2001 Accord and 2004 Civic vehicles were previously included the initial action, no 2008 Pilot models were included before this addition. (more…)

Honda Launches National Ad Campaign Urging Drivers to Get Airbags Replaced

Program aims to increase repair rate for bags linked to five deaths.

by on Mar.12, 2015

A Takata airbag after a crash.

Honda is launching a major national advertising effort to convince buyers to repair millions of vehicles equipped with potentially deadly airbags produced by beleaguered Japanese supplier Takata.

So far, at least five deaths – all in Honda vehicles – have been linked to the problem in which the airbags may inflate too aggressively during a crash, sending shrapnel flying into the passenger compartment.

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The campaign is meant to “to save lives and prevent injuries,” said John Mendel, executive vice president of the automobile division of American Honda Motor Co.