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Honda Sets Own Recall As Toyota Details Action

Toyota said its global safety withdrawal would take up to 1.8 million vehicles off Europe's roads and rival Honda announced its own recall, placing the vaunted pedigree of Japan's carmakers under fresh scrutiny. The move by Honda, tipped to benefit from Toyota's woes, came as suppliers, consumers and analysts weighed the financial impact on Toyota of its recall and its suspension of U.S. sales.

Source: http://www.reuters.com/article/idUSTRE60R7GB20100129

Created by: calvin | Created at: 07:45 PM - March 14, 2010
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