Honda Recalling 1.7 million US Vehicles over Steering Issue

The Honda logo is seen during the North American International Auto Show in Detroit. (Reuters file photo)
The Honda logo is seen during the North American International Auto Show in Detroit. (Reuters file photo)
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Honda Recalling 1.7 million US Vehicles over Steering Issue

The Honda logo is seen during the North American International Auto Show in Detroit. (Reuters file photo)
The Honda logo is seen during the North American International Auto Show in Detroit. (Reuters file photo)

Honda is recalling 1.7 million cars and SUVs in the United States over an issue that can make steering more difficult and increase the risk of a crash.

The recall includes various 2022 through 2025 model vehicles including some Civic and Civic Type R, CR-V, HR-V and Acura Integra and Integra Type S vehicles. Honda said it has received 10,328 warranty claims related to the issue since 2021.

The National Highway Traffic Safety Administration opened a probe into the issue in March 2023 and upgraded the investigation in November.

The steering gearbox assembly may have been manufactured incorrectly, which can cause excessive internal friction and lead to difficulty while steering, NHTSA said, Reuters reported.

Dealers will replace the worn gear spring and add grease if needed.

Drivers told NHTSA of "sticky steering" issues that occurred mostly at highway speeds after driving for a certain amount of time. Most complaints said the issue occurred with low vehicle mileage.

NHTSA said last year it had received reports of 13 crashes related to the issue, including 11 drivers who said they had lost control due to not being able to overcome the momentary increased steering effort prior to their vehicle leaving the roadway.

Honda did not immediately respond to a request for comment.



‘Assassin’s Creed’ Maker Ubisoft Says Regularly Reviews Options after Buyout Report

This photograph taken on February 13, 2024, shows logo of Ubisoft video firm company adorn the main entrance of the company, where a strike call is planned on February 14, 2024, in Montpellier, south of France. (AFP)
This photograph taken on February 13, 2024, shows logo of Ubisoft video firm company adorn the main entrance of the company, where a strike call is planned on February 14, 2024, in Montpellier, south of France. (AFP)
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‘Assassin’s Creed’ Maker Ubisoft Says Regularly Reviews Options after Buyout Report

This photograph taken on February 13, 2024, shows logo of Ubisoft video firm company adorn the main entrance of the company, where a strike call is planned on February 14, 2024, in Montpellier, south of France. (AFP)
This photograph taken on February 13, 2024, shows logo of Ubisoft video firm company adorn the main entrance of the company, where a strike call is planned on February 14, 2024, in Montpellier, south of France. (AFP)

Ubisoft, the maker of the "Assassin's Creed", "Far Cry" and "Watch Dogs" video games, said on Monday it regularly reviewed "all its strategic options", but declined further comment on a recent report of buyout interest.

France's largest video games maker has long been seen as a takeover target and has lost half of its stock market value over the last twelve months. It has been plagued by delays and the underperformance of some of its key titles.

Ubisoft said in a statement that it would inform the market if and when appropriate. A spokesperson for the company declined to comment further when asked by Reuters whether the company had received any approach from potential bidders.

Monday's statement followed a report last week by Bloomberg News that Ubisoft's founding family, the Guillemots, and Chinese tech giant Tencent, were considering a buyout.

Shares in Ubisoft initially rose by up to 6% on Monday after the statement, topping the SBF 120 index, but reversed course and were down 1.8% at 0905 GMT.

The Guillemot family and Tencent together hold close to 25% of Ubisoft's share capital, LSEG data shows, after a deal in 2022 that saw the Chinese group acquire close to half of the Guillemots' holding.

The move capped a difficult period at Ubisoft, marked by a succession of delays of new video games and management changes.

Ubisoft's stock price slipped further last month after weaker-than-expected quarterly sales.

An underwhelming start for its new game "Star Wars Outlaws" followed the postponement of the launch of "Assassin’s Creed Shadows" by three months to February.

Ubisoft had hoped the two games would help turn around its performance as it implements cost cuts to manage its debt.