honda

Honda Recalls 1.5M Cars in the US

hondaHonda Motor Co. said it would recall about 1.5 million cars in the U.S. to address issues connected to transmission. The difficulty would be fixed with the setting up of updated software that controls the automatic transmission.  The automatic transmission secondary shaft bearing in the affected vehicles can be damaged if the transmission is quickly shifted.

Honda would also additionally call back 760,000 vehicles in China and 135,142 in Canada for the similar problem.

Honda has established engine stalling issues as a result of damage to transmission components when transmission is quickly changed between reverse, neutral and drive position, like when trying to get out wheels stuck in mud or snow.

The resulting damage to the bearing could cause the engine to stall or guide to difficulty engaging the parking gear. Such a situation could cause the vehicle’s parking gear mechanism to jam and could make it roll in spite of the gear selector being placed in the park position.

The software update to the automatic transmission control module will alleviate the transition among devices to decrease the possibility of damage. Honda indicated no injuries or deaths have been reported linked to this flaw.

The recall will include to the 2005-2010 4-cylinder Accord, 2007-2010 CR-V and 2005-2008 Element models. The recall intimation to consumers would start August 31, 2011.

HMC closed Friday’s regular deal at $36.60, up $0.34 or 0.94%, on a volume of 0.93 million shares on the NYSE. The stock lost $0.13 or 0.35% in after hours.