financetom
Business
financetom
/
Business
/
US closes probe into 1.5 mln Honda vehicles over loss of power
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US closes probe into 1.5 mln Honda vehicles over loss of power
Jul 24, 2024 4:04 AM

July 24 (Reuters) - The U.S. National Highway Traffic

Safety Administration said on Wednesday it has closed a

preliminary evaluation investigation of about 1.5 million Honda ( HMC )

vehicles over loss of power.

In November 2022, NHTSA's Office of Defects Investigation

(ODI) had opened an investigation for 2018 to 2022 model year

Honda CR-V and HR-V vehicles equipped with all-wheel drive after

reports alleging rear differential seizure.

Some of the reports that were received alleged the vehicle's

wheels locked up with no warning while still in motion, NHTSA

said.

However, Honda ( HMC ) stated the operator can control the vehicle

without stability loss in the event of differential failure,

NHTSA added.

After the driver shafts break due to a differential failure,

the vehicle will still function as a two-wheel drive preventing

complete loss of power, the agency said.

The ODI said it is closing the investigation as the

information regarding field failures did not indicate hazardous

outcomes and the repairs were covered under the manufacturer's

warranty.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TotalEnergies Sells 50% Stake in Greek Renewables Portfolio for $595.4 Million
TotalEnergies Sells 50% Stake in Greek Renewables Portfolio for $595.4 Million
Mar 10, 2026
04:46 AM EST, 12/17/2025 (MT Newswires) -- TotalEnergies SE ( TTE ) said Wednesday that it has completed the sale of a 50% stake in its 424 MW wind and solar portfolio in Greece to Asterion Industrial Partners for 508 million euros ($595.4 million), or about 1.2 million euros per MW. The company said the sale fits its renewable strategy...
Sanofi Says Efdoralprin Alfa Gets Orphan Drug Designation in EU
Sanofi Says Efdoralprin Alfa Gets Orphan Drug Designation in EU
Mar 10, 2026
04:54 AM EST, 12/17/2025 (MT Newswires) -- Sanofi ( SNY ) said Wednesday its investigational efdoralprin alfa fusion protein has received the European Medicines Agency's orphan drug designation to potentially treat alpha-1 antitrypsin deficiency-related emphysema, a rare respiratory condition. The decision was based on efdoralprin alfa meeting all primary and secondary endpoints in a global phase 2 trial. Efdoralprin alfa...
Sinclair Issues Statement on Merger Proposal with The E.W. Scripps Company
Sinclair Issues Statement on Merger Proposal with The E.W. Scripps Company
Mar 10, 2026
BALTIMORE--(BUSINESS WIRE)-- Sinclair, Inc. ( SBGI ) (the “Company” or “Sinclair”) today made the following statement in response to The E.W. Scripps Company’s (“Scripps”) rejection of the Company’s proposal for a potential combination with Scripps: “We are disappointed that despite Scripps encouraging Sinclair to make a proposal, Scripps’ board rejected the proposal without engaging. Our proposal was based on previous...
Update: Rezolve Ai Reaffirms Recurring Sales Outlook Over $200 Million; Shares Extend Gains Premarket
Update: Rezolve Ai Reaffirms Recurring Sales Outlook Over $200 Million; Shares Extend Gains Premarket
Mar 10, 2026
04:51 AM EST, 12/17/2025 (MT Newswires) -- (Updates with the stock move in the headline and the third paragraph.) Rezolve Ai ( RZLV ) said Tuesday it expects December revenue to exceed $17 million and reaffirmed its full-year 2026 recurring revenue outlook of $500 million or more. One analyst surveyed by FactSet expects $264 million. The company's estimates are based...
Copyright 2023-2026 - www.financetom.com All Rights Reserved