Posts Tagged ‘ Honda ’

Car Recalls: Technocrats and Bureaucrats Need to put Safety First

February 12th, 2010. By

car electrical system2 Car Recalls: Technocrats and Bureaucrats Need to put Safety First

(Source: A.S. Sangiovanni-Vincentelli, EE 249, UC Berkeley, Fall 2002.)

 

If the recall troubles of Toyota and now Honda are knocking you out of your comfort zone, better get used to it. As cars become more complicated and sophisticated, recalls are going to be a fact of life. 

In other words, the more automakers do, the more they have to ‘undo.’ 

Tacked onto an MSNBC story about the recent Honda expanded recall for airbags was a comment from Yoshihiko Tabei, chief analyst at Kazaka Securities. 

“While the way automakers handle recalls is important, I think people should be careful not to overreact to every single recall,” he said. “Rather, my concern for the auto industry is their earnings for the next financial year, given the absence of the boost they enjoyed from government incentives this year.” 

Other automotive analysts agree that automakers regularly trigger recalls, although some have suggested the media reaction to the Toyota case has been overblown. That latter statement may, or may not be true depending upon one’s perspective. In the Toyota case, the story for decades has been that the Japanese automakers had it Read the rest of this entry »

Legal Help Now
Popular Categories
Lawyers Giving BackAsbestos News RoundupPleading IgnoranceTotally Tortelicious
Archive by Category
Tags
Asbestos asbestosis asbestos lawsuit Asbestos Mesothelioma Asbestos Settlement asbestos_mesothelioma Avandia Bank of America BP BP Oil Spill California labor law chinese drywall Class Action Consumer Fraud Discrimination Employment false advertising FDA Glaxo GlaxoSmithKline GSK Lawyers Giving Back medical malpractice mesothelioma Overdraft fees Overtime Pay paxil Pfizer Pleading Ignorance Pro Bono Prozac Reglan Seroquel SSRI SunTrust Tardive Dyskinesia Tortelicious Toyota Veterans Wal-Mart Week Adjourned Yasmin Yaz Zicam Zyprexa
Links
  • Legal Juice
  • Marketing Strategy and the Law
  • MyFoodPoisoningLawyer
  • WSJ Law Blog
  • Share this Page
    RSS Feed
    |
    Free Delivery
    Find us on
    Find us on FacebookFind us on LinkedInFind us on Foursquare Follow us on Twitter
    Polls

    Is President Obama's appointment of Richard Cordray as Consumer Financial Protection Bureau chief legal?

    View Results

    Loading ... Loading ...
    Better Business Bureau

    Best of the Web Approved
    Visit our Zazzle Store