Honda recalls 880,514 vehicles in US over rear suspension failure

Honda Motor America recalled 880,514 vehicles in the US after rear suspension components can fail, increasing crash risk, the National Highway Traffic Safety Administration said Wednesday.

"The vehicles can experience failure of rear suspension components, such as the rear control arm, which could lead to loss of vehicle handling and control, increasing the risk of a crash or injury," the NHTSA said in a filing.

The recall covers certain 2016-2022 Honda Pilot, 2017-2023 Ridgeline, 2019-2023 Passport and 2014-2020 Acura MDX models. The rear subframe in some of those vehicles may corrode at the suspension mounting points, the filing showed. Dealers will inspect the rear subframe and install a reinforcement kit, and repair or replace components as necessary, free of charge.

The recall adds to Honda's warranty costs at a time when the Japanese automaker is navigating supply chain pressures and rising raw material expenses. The safety-critical nature of the defect — involving potential loss of vehicle control — also raises the risk of consumer lawsuits and further regulatory scrutiny from the NHTSA. Honda's American depositary receipts closed at $26.71 on Tuesday, down 0.96 percent on the day.

This article is for informational purposes only and does not constitute investment advice.