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Beleaguered Takata unlikely to seek automaker assistance

Takata is continuing to deal with the massive airbag recall for millions of vehicles, but even if it doubles production, it could take years the company to build enough replacement parts to properly repair all of the affected models. If the supplier takes a hard enough financial hit whether through fines, lawsuits or just the cost of making the components, then the business might not be able to keep up production. Such a situation could put automakers in the very difficult predicament of deciding whether to provide Takata with financial assistance. Honda for one has little interest in lending further support to the beleaguered supplier, according to The Wall Street Journal. The Japanese automaker recently dropped its annual sales targets to put a larger emphasis on vehicle quality, partially in response to the inflator recall. It also struck a deal with another company for replacement parts and was rumored to abandon Takata for some future business. Honda CEO Takanobu Ito did leave the door barely cracked for possible aid. "Takata itself needs to figure out how to fulfill its duties, but if it makes any request to automakers, then we would think about that," he said, according to The Wall Street Journal. There isn't much likelihood of Takata needing a bailout, though. According to The Wall Street Journal, analysts aren't concerned about the company's short-term fortunes, and the supplier had about $728 million in cash as of last September. News Source: The Wall Street Journal - sub. req.Image Credit: Toru Yamanaka / AFP / Getty Images Earnings/Financials Recalls Honda Safety Takata airbag recall

NHTSA opens safety investigations into Toyota, GM and Honda crossovers

The National Highway Traffic Safety Administration is evidently keeping itself very busy these days, as the federal agency has just announced it is launching or renewing investigations into Toyota, Honda and General Motors crossovers.
2006-2008 model year Toyota RAV4 crossovers are under review for allegations of rear tie-rod rust which can result in failure. NHTSA also said it is probing some 35 complaints about 2005 Honda Pilot models with inappropriate activation of the vehicles' stability control system. The alleged malfunction can cause the vehicles to slow down or stop in bad unsafe situations. At the moment, NHTSA is reviewing a petition regarding the Pilot issue, a move that will determine whether it needs to open a full-blown investigation.
In addition, Saturn Outlook and GMC Acadia three-row crossovers built in 2007-2009 are getting looked at for "loss of low beam headlamp" function. One complainant said the wiring in his Outlook overheated and melted. NHTSA says it has received 415 complaints about the problem and a GM spokesman confirmed that the automaker already started a "Customer Satisfaction Program" in December to address the issue.

Man fends off carjackers with car wash pressure sprayer

A simple car wash turned ugly for a Louisiana man last week when he was jumped by carjackers while washing his car. Michael Davis and his brother swung into a self-serve car wash in Shreveport one evening so that Davis could clean his new car. As he was spraying down the bright red Honda Accord, a man entered the wash bay and approached him. "I turned and said, 'I'm not interested I don't have any money or anything', and when I turned back around a guy had come around the corner with a gun pointed at me," Davis told WWII12. Thinking fast, Davis defended himself with the car wash's high-pressure sprayer. "He said, 'Give me your keys and your money,' and I said, 'What'd you say?', and I took the sprayer and just sprayed it right in his face. I heard his friend try to run and get my backside, so I turned around and sprayed him and hit him and they took off running. The whole situation was so surreal." The incident was caught on Davis' dashcam, which showed him spraying the carjackers with the sprayer at close range then hitting both of them over the head with it. Thankfully, the carjackers decided to run instead of pushing the issue, but Davis says that what bothers him is what could have happened. "If they would've taken my keys and my money they probably would have shot me anyway, plus I had my disabled veteran brother in the car. They could have done something to him as well." Recent Video: News Source: WWii2 Auto News Weird Car News Honda Safety Videos car wash louisiana carjacking shreveport accord