Honda Issues Recall for 205K SUVs and Minivans

by Christopher Freeburn | April 19, 2013 10:48 am

Honda Issues Recall for 205K SUVs and Minivans

Honda 3 300x200 Honda Issues Recall for 205K SUVs and Minivans[1]Defective automatic shifting equipment has prompted Honda (NYSE:HMC[2]) to issue a recall of recent model year SUVs and Minivans sold in Canada and the U.S[3].

About 205.000 vehicles are covered by the recall. In very cold conditions, Honda says that the vehicles can shift out of park even if the driver doesn’t have the brake engaged. No accidents or injuries have been linked to the defect, the Associated Press notes.

2013 Acura RDX SUVs and 2012 and 2013 Honda Odyssey minivans and CR-V mini-SUVs are affected by the recall. The company will contact vehicle owners by May.

Despite the recall, shares of Honda edged up fractionally in Friday morning trading.

Earlier this month, Honda, Toyota (NYSE:TM[4]), Nissan (PINK:NSANY[5]) and Mazda recalled 3.4 million vehicles sold around the world[6] due to defective airbag systems from Takata Corp.

Also this month, Fiat‘s (PINK:FIATY[7]) Chrysler recalled 247,000 cars and SUVs over problems with gas hoses, drive shafts and air bag warning lights[8].

In March, Ford (NYSE:F[9]) recalled 230,000 minivans sold in the U.S. over potentially dangerous rust accumulation in rear wheel wells[10].

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/05/Honda-3.jpg
  2. HMC: http://studio-5.financialcontent.com/investplace/quote?Symbol=HMC
  3. recent model year SUVs and Minivans sold in Canada and the U.S: http://hosted.ap.org/dynamic/stories/U/US_HONDA_RECALL?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT
  4. TM: http://studio-5.financialcontent.com/investplace/quote?Symbol=TM
  5. NSANY: http://studio-5.financialcontent.com/investplace/quote?Symbol=NSANY
  6. recalled 3.4 million vehicles sold around the world: http://investorplace.com/2013/04/faulty-airbags-lead-to-massive-japanese-auto-recall/
  7. FIATY: http://studio-5.financialcontent.com/investplace/quote?Symbol=FIATY
  8. problems with gas hoses, drive shafts and air bag warning lights: http://investorplace.com/2013/04/chrysler-recalls-247000-vehicles/
  9. F: http://studio-5.financialcontent.com/investplace/quote?Symbol=F
  10. over potentially dangerous rust accumulation in rear wheel wells: http://investorplace.com/2013/03/ford-recalls-230000-minivans-for-rust-problem/

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