People walk near the logo of Honda Motor Company at a showroom Tuesday, Feb. 8, 2022, in Tokyo. Honda is recalling nearly 564,000 older small SUVs in the U.S., Thursday, April 6, 2023, because road salt can cause the frame to rust and rear suspension parts to come loose. The recall covers certain CR-Vs from 2007 through 2011. (AP Photo/Eugene Hoshiko, File)
Honda is recalling nearly 564,000 older small SUVs because road salt can cause the frame to rust and rear suspension parts to come loose.
The recall covers certain CR-Vs from 2007 through 2011 that were sold or registered in states where salt is used to clear roads in the winter.
U.S. safety regulators say in documents posted Thursday that salt can accumulate and cause corrosion, and the rear trailing arm can detach. That can cause drivers to lose control, increasing the risk of a crash. Rear trailing arms connect the rear axle to the chassis.
The recalled CR-Vs were either sold or registered in Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia, Wisconsin and Washington, D.C.
Dealers will inspect the SUVs and install a support brace or repair the rear frame if needed. If the frame is badly damaged, Honda may offer to buy the vehicle. Owners will be notified by letter starting May 8.
The CR-Vs already have been recalled in Canada. Honda says in documents filed with the National Highway Traffic Safety Administration that it has 61 customer complaints in the U.S. but no deaths or injuries.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.