Honda recalls 1.2 million SUVs and minivans as faulty rearview camera raises risk of crash or injury
By Tomi Kilgore
Recalled vehicles include Odyssey minivans and Passport and Pilot SUVs
Honda Motor Co. has recalled about 1.2 million sport-utility vehicles and minivans, because the rearview-camera image may not appear on the display, increasing the risk of a crash or injury.
According to the U.S. National Highway Traffic Safety Administration, the Honda vehicles being recalled include Odysseys, model years 2018 to 2023; Passports, model years 2019 to 2023; and Pilots, model years 2019 to 2022.
The potential number of vehicles affected total 1,198,280.
"Due to a faulty Media Oriented Systems Transport (MOST) communication coaxial cable connector, the rearview-camera image may not appear on the display," the NHTSA said in a letter to Honda. "As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, 'Rear Visibility.'"
The MOST component was made by TE Connectivity Ltd. (TEL).
Honda's U.S.-listed stock (7267.TO) slipped 0.3% in morning trading, while TE Connectivity shares gained 1.3%.
Honda first received a report in February 2019 about issues with audio and display flickering on its rearview-camera display. The Japan-based automaker observed a potential trend and extended the warranty to vehicles affected by the issue in January 2021.
The company decided earlier this month to conduct a safety recall, after receiving 273,870 warranty claims related to the issue.
Honda said it has received no reports of injuries or deaths related to the issue.
Honda's stock has rallied 31.5% year to date, while the iShares MSCI Japan exchange-traded fund (MSCI) has advanced 11.9% and the S&P 500 has gained 13.1%.
-Tomi Kilgore
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
06-26-23 1138ET
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