Honda Motor (NYS: HMC) announced Saturday that it is recalling 489,000 CR-V SUVs worldwide, including 268,000 in the U.S. The company has determined that the power window switches for model years 2002-2006 could cause electrical fires if exposed to water or other fluids.

No crashes or injuries have been reported related to this issue, according to the compnay, but four switch fires have been reported. Honda UK recalled 170,000 Jazz models in 2010 for the same issue.

In the past month, Honda has announced the recall of approximately 1.3 million Accords, Civics, and Pilots for potential fluid leaks and headlight wiring issues.


The company's annual report notes that strong CR-V sales in North America helped to offset a slump in domestic (Japanese) auto sales.

As of this writing, the company's stock is down approximately -0.4%.

The article Honda Recalls 489,000 CR-Vs originally appeared on Fool.com.

Justin Loiseau has no positions in the stocks mentioned above. You can follow Justin on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

What Is Your Risk Tolerance?

Answer the question "What type of investor am I?".

View Course »

Professional Vs Do it Yourself Investing

Should you get advice or DYI?

View Course »

Add a Comment

*0 / 3000 Character Maximum