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Stock Market & Financial Investment News

News Breaks
October 7, 2012
19:32 EDTHMCHonda statement on U.S. recall of 2002-2006 CR-V vehicles
Honda will voluntarily recall approximately 268,000 model-year 2002-2006 CR-V vehicles in the United States to inspect and repair or replace the power window master switch. Under severe conditions, rain water or other spilled liquids may enter through an open driverís window and enter the master power window switch on the driverís door. Over time, exposure to water and other fluids can cause electrical resistance in the switch, which ultimately can cause the switch to overheat and melt, damaging the switch and potentially damaging an associated wire harness. Additionally, if a switch melts, it could produce smoke and, potentially cause a fire, creating a risk to motor vehicle safety. No crashes or injuries have been reported related to this issue, but there have been four switch fires reported. Reference Link
News For HMC From The Last 14 Days
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April 20, 2015
08:12 EDTHMCMarathon Patent Group announces results of Signal IP Markman ruling
Marathon Patent Group (MARA) announced that on April 17, the United States District Court Central District of California issued the claim construction order in the litigation involving its wholly-owned subsidiary Signal IP and American Honda Motor Co. (HMC), Nissan North America (NSANY), Porsche Cars of North America, Mazda Motor of America, Mercedes-Benz USA (DDAIF), BMW of North America, Subaru of America, Kia Motors America, Mitsubishi Motors North America, Volkswagen (VLKAY), and Jaguar Land Rover North America. A total of 36 claim terms from a total of seven patents were disputed between Signal IP and the defendants.
April 14, 2015
06:45 EDTHMCHonda confirms Takata airbag injured driver in March, Reuters says
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