Honda recalls 646 thousand cars worldwide

Written by admin on March 4th, 2010

Japanese Honda Motor Co., the second largest producer of automobiles in the country, withdraws 646 thousand cars worldwide, including 140 thousand cars in the United States.

As stated by representatives of the company, Honda would withdraw model Fit, Jazz and the City, which were sold in North and South America, Europe, South Africa, and Asia

reason for the withdrawal on a faulty switch battery, which can lead to a short circuit and catch fire. To date, Honda has information on three cases of such fires occurred in the United States and South Africa.

Recall that on large-scale recall of cars, said the day before and other major Japanese car manufacturer - Toyota Motor Corp. Before the company announced the withdrawal of 75,5 thousand "parketnika" RAV4 in Chinese market, which were produced from March 2009 to January 2010 In addition, Toyota previously announced recall of its cars from Europe and the United States. In total, would be withdrawn a few million cars. The reason for this decision - the failure of the gas pedal, which leads to problems when braking the car.

Honda Profit before tax in the first half of 2009-2010 fiscal year, which ended Sept. 30, 2009 decreased by 80,8% - to 71.6 billion yen (780 million dollars), compared with 373.69 billion yen (4.07 billion dollars) a year earlier. Honda Motor Sales for the period decreased by 28,7% and amounted to 4.06 trillion yen (44.2 billion dollars), whereas in the first half of 2008-2009 fiscal year, sales totaled 5.69 trillion yen (61, 95 billion dollars). Thus the operating profit declined by 74.8% to 90.71 billion yen (988 million dollars) compared with last year"s index, fixed at around 359.33 billion yen (3.91 billion dollars).


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