Honda (NYSE:HMC) Stock: Car Safety Concerns Linger
07 Dezember 2022 - 11:21AM
TipRanks
Two of Honda’s (NYSE:HMC) SUVs, the CR-V and HR-V, for model years
2018–2022, are being investigated by the National Highway Traffic
Safety Administration (NHTSA) on reports that the vehicle loses
power when driven at high speed. The recent probe adds to the list
of car-safety investigations being conducted on other Honda models.
Drivers reported that these vehicles are also experiencing
differential seal leaks, which lead to a rear differential lockup.
This is ultimately causing the driveshaft, a core component of the
vehicle's drivetrain, to rupture while the vehicle is moving. If
NHTSA is able to accumulate enough evidence of safety issues from
this investigation, it would recall about 1.
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