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Takata, Honda sued in Florida over death of pregnant Malaysian women
Mon, May 4 2015The Takata recall debacle keeps spiraling as the father of a pregnant woman killed in Malaysia allegedly due to the malfunctioning airbag has filed suit against both the equipment manufacturer and Honda in a court in Florida. The case reportedly revolves around one Law Suk Leh, 42, who was driving her 2003 Honda City on Borneo Island in Malaysia this past July. She was driving at about 20 miles per hour when her car was struck by another. Her airbag deployed with inordinate force, metal shrapnel sliced her neck and she died in the ambulance en route to the local hospital. The baby she was carrying was delivered after the mother's death, but died three days later. Now her father, Law Ngee Chiong, is suing the airbag manufacturer and the automaker on behalf of the estates of his late daughter and granddaughter in a US federal court in Miami. The suit was reportedly filed in the United States because the faulty inflator is made in LaGrange, GA. US District Judge Federico Moreno is currently evaluating about two dozen such personal-injury and death cases, including the one in question, for pretrial rulings and evidence-gathering. Leh's case is one of six deaths blamed on the defective Takata airbags, which have caused automakers and government regulators to recall an estimated 24 million vehicles around the world.
Honda planning sub-NSX S2000 successor
Tue, 13 May 2014Nine years separated the arrival of the original Acura NSX and the Honda S2000. By that time, the NSX was closer to the end of its fifteen-year production cycle than it was to its beginning. The latest word has it that not only is Honda planning a successor to the S2000, but it's not about to wait that long after the new NSX arrives before it's rolled out.
While the S2000 was a front-mid-engined roadster, its successor will, according to the latest from Auto Express (which we are taking with a grain of salt), be a mid-engined coupe - closer, in other words, to the NSX than the S2000. Power would come from a more potent version of the 2.0-liter turbo four developed for the upcoming new Civic Type R, possibly as part of a hybrid system derived from Honda's upcoming Formula One powertain to develop over 400 horsepower.
Whether the new sports car would revive the S2000 nameplate, and whether it would wear the Honda or Acura badge in the United States, remain to be seen. As does its potential production site: while the previous S2000 was built at the same Takanezawa plant in Tochigi as the original NSX, the new NSX will be built at the new Performance Manufacturing Center in Marysville, Ohio. The new S660 roadster, meanwhile, is set to be assembled at the same Yachiyo plant in Yokkaichi as the original Honda Beat.
Profit at Honda doubles on strong global sales of cars and motorcycles
Thu, Aug 10 2023TOKYO — Honda reported Wednesday that its April-June profit more than doubled on healthy sales of its motorcycles and cars, as the Japanese company also received a perk from favorable exchange rates. Honda Motor Co. said its fiscal first quarter profit totaled 363 billion yen ($2.5 billion), up from 149 billion yen. Quarterly sales jumped 21% to 4.6 trillion yen ($32 billion). HondaÂ’s financial service division also reported growing sales. Honda said its profitability improved, especially in North America, where production recovered. Automakers around the world were slammed by supply shortages because of production delays related to social restrictions caused by the COVID-19 pandemic. But such restrictions have eased, allowing production to pick up again. Auto sales were about the same in Japan in the latest quarter as in the previous year, while dropping significantly in China because of intense competition from makers of battery electric vehicles, Honda said. Honda is banking on growth in EVs in the U.S. market, where it recently announced it is joining six other companies in the creation of a high-powered charging network across North America. Worries about climate change have helped set off a dramatic shift in the auto industry toward battery electric vehicles, allowing for relative newcomers like Tesla and BYD to prosper, while catching some Japanese makers off guard with their hybrids and regular gasoline-powered models. Honda said a computer chip shortage crimped its motorcycle sales in India, while sales rebounded in Indonesia as production recovered. Honda said it sold 901,000 vehicles in the latest quarter, up from 815,000 a year earlier. It also sold more motorcycles worldwide at nearly 4.5 million, up from 4.2 million. Honda added 23 billion yen ($160 million) to its quarterly operating profit because of the impact of currency exchange rates. A weaker yen, trading lately at about 143 yen to the U.S. dollar, is a boon for Japanese exporters by boosting the amount of its overseas earnings when converted into yen. Honda stuck to its full year projection of an 800 billion yen ($5.6 billion) profit, up from 651 billion yen a year earlier. Honda shares slipped 0.9% on the Tokyo Stock Exchange. Related video: Earnings/Financials Acura Honda