Honda Recalls Nearly 400,000 Cars
It seems like all the car manufacturers are trying to get their recalls out of the way this year, and Honda is no different. The company is set to recall about 383,000 vehicles due to a malfunctioning ignition system that causes the affected cars to roll away. Yikes! The National Highway Traffic Safety Administration, or NHTSA, said it received several complaints that prompted the recall to take place.
Earlier in the year, Toyota was the subject of a much publicized series of recalls where the brakes on their cars malfunctioned, causing several accidents and a number of court cases. They also suffered a massive PR slide as recalls were also issued for their supposedly bulletproof Lexus vehicles. Still, both companies seem to have recovered by offering financial incentives to get more people in the showroom. Honda will likely not suffer much of a hit to its reputation at all. Here are a list of cars affected:
- 197,000 Accord and 117,000 Civic sedans from the 2003 model year
- 69,000 Element vehicles from the 2003 and 2004 model years
The resale values of Honda’s are high as ever. I would know because I’ve been looking for a Civic.
