Recent #Honda news in the semiconductor industry

2 months ago

➀ Honda is recalling over 259,000 vehicles due to a brake pedal installation defect affecting models from 2021 to 2025, including the Acura TLX, Acura MDX, and Pilot.

➁ The issue is caused by a manufacturing defect where the brake pedal pivot pin is not staked, potentially leading to the pedal becoming loose and shifting out of position.

➂ Honda began investigating the issue in April 2024 and has now decided to recall 7,332 Acura TLX models, 67,448 Acura MDX vehicles, and 184,253 Pilot SUVs.

HondaRecall
7 months ago

➀ Honda and Nissan terminated their merger discussions due to significant differences in expectations for the combined company;

➁ The proposed holding company would have been named Honda Corporation without any reference to Nissan;

➂ Honda expected Nissan to lay off 40,000 of its 130,000 employees;

➃ The valuation ratio of the two companies was 5:1;

➄ Honda would appoint the president of the holding company and the majority of its internal and external directors;

➅ Nissan would become a subsidiary of Honda;

➆ Nissan could not persuade Honda of the feasibility of its turnaround plan.

Corporate StrategyHondaMergerbusiness