bigteethygrin
14-06-2006, 11:16 PM
Story sourced from http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&storyID=2006-06-14T062058Z_01_T306391_RTRIDST_0_AUTOS-HONDA-RECALL.XML&rpc=66
TOKYO, June 14 (Reuters) - Japan's Honda Motor Co. (7267.T: Quote (http://today.reuters.com/stocks/overview.aspx?symbol=7267.T&WTmodLoc=InvArt-C1-ArticlePage1), Profile (http://today.reuters.com/stocks/CompanyProfile.aspx?symbol=7267.T&WTmodLoc=InvArt-C1-ArticlePage1), Research (http://today.reuters.com/stocks/ResearchReports.aspx?symbol=7267.T&WTmodLoc=InvArt-C1-ArticlePage1)) said on Wednesday it would recall and repair a combined 561,594 units of the Odyssey, CR-V and Step Wgn models globally to fix a faulty ignition switch that could cause the engine to stop.
The recall and repairs would cost the company around 2.73 billion yen ($23.70 million), a spokeswoman said.
Of the total, 483,185 units are in Japan and were built between October 1994 and May 1997, Honda said in a filing with Japan's transport ministry.
Most of the recalls outside Japan cover the Odyssey minivan sold in North America. No accidents were reported overseas, while five people in Japan suffered burns from contact with melted ignition switches. ($1=115.18 Yen)
TOKYO, June 14 (Reuters) - Japan's Honda Motor Co. (7267.T: Quote (http://today.reuters.com/stocks/overview.aspx?symbol=7267.T&WTmodLoc=InvArt-C1-ArticlePage1), Profile (http://today.reuters.com/stocks/CompanyProfile.aspx?symbol=7267.T&WTmodLoc=InvArt-C1-ArticlePage1), Research (http://today.reuters.com/stocks/ResearchReports.aspx?symbol=7267.T&WTmodLoc=InvArt-C1-ArticlePage1)) said on Wednesday it would recall and repair a combined 561,594 units of the Odyssey, CR-V and Step Wgn models globally to fix a faulty ignition switch that could cause the engine to stop.
The recall and repairs would cost the company around 2.73 billion yen ($23.70 million), a spokeswoman said.
Of the total, 483,185 units are in Japan and were built between October 1994 and May 1997, Honda said in a filing with Japan's transport ministry.
Most of the recalls outside Japan cover the Odyssey minivan sold in North America. No accidents were reported overseas, while five people in Japan suffered burns from contact with melted ignition switches. ($1=115.18 Yen)