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HMC

Honda

$29.24

-0.04 (-0.14%)

18:56
10/13/16
10/13
18:56
10/13/16
18:56

Honda to recall approximately 350,000 Civics in U.S. over electric parking brake

American Honda will voluntarily recall approximately 350,000 Civic Coupes and Sedans from the 2016 model year to update software affecting Electric Parking Brake functionality, free of charge. No crashes or injuries have been reported related to this issue, which was discovered through warranty claims associated with the illumination of the brake warning light. The software for the Vehicle Stability Assist Electronic Control Unit may prevent application of the EPB when it is applied immediately after turning the vehicle ignition off. If the EPB cannot be applied, the "BRAKE" warning indicator in the instrument panel will blink for 15 seconds to alert the driver. Additionally, if the EPB does not properly set and a parking gear is not selected by the driver, the vehicle may roll away, increasing the risk of a crash. Honda is announcing this recall to encourage each owner of an affected vehicle to take it to an authorized dealer for repair as soon as they receive notification of this recall from Honda. Mailed notification to customers will begin in early November 2016. Reference Link

HMC Honda
$29.24

-0.04 (-0.14%)

05/13/16
LYON
05/13/16
DOWNGRADE
LYON
Underperform
Honda downgraded to Underperform from Outperform at CLSA
05/27/16
UBSW
05/27/16
DOWNGRADE
UBSW
Sell
Honda downgraded to Sell from Neutral at UBS
05/31/16
BOFA
05/31/16
DOWNGRADE
BOFA
Neutral
Honda downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill downgraded Honda to reflect the delayed impact of U.S. mix improvements and the impact from increased strategic spending.
09/05/16
GSCO
09/05/16
DOWNGRADE
GSCO
Neutral
Toyota downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Toyota (TM) to Neutral and kept a Buy rating on Honda (HMC).

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