Renowned carmakers Honda and the problems of less profitable quarter fell sharply. The company had predicted earnings of them. Will increase Latest forecasts on this year. Honda will have annual profits of up to 3.5 percent or 4.6 billion baht, but the expectation of the Honda did not meet their expectations company's profit fell 15 percent, or 136.5 billion baht. Why Honda is mainly due to a decrease in profit. Honda recalled Honda Cars of millions of cars. To improve airbags safety problems caused by the explosion. Resulting in the deaths of five people, making Honda the need to recall on all cars in the generation airbag problem. Reusable airbags improve safety cabinet and Honda have been. That they had made a mistake. Fines of 70 million baht for not telling regulators about 1,700 complaints about deaths and injuries caused by vehicle and did not report their warranty claims.
Honda cut profit for years to come. Costs and repair vehicles with airbags are not standard. Cars with more than 24 million vehicles worldwide because the air bag is triggered malfunction. Manufactured by Takata and Honda's Tokyo listed shares had closed down 0.8% before the earnings results were released.