The Japanese carmaker Honda has cut

The Japanese carmaker Honda has cut its profit forecast and seen third quarter earnings drop sharply following a vehicle recall linked to airbags.

Honda, whose products include Civics and Accords, is forecasting full year net profits of 545bn yen($4.6bn, £3bn) 3.5% less than previously hoped.
Third quarter net income was down 15% at 136.5bn yen.

Honda has had to recall millions of vehicles amid an exploding airbag crisis in which five people died.

Honda has already been fined $70m by the US authorities, a record civil penalty for carmaker, for not telling regulators about 1,700 complaints about deaths and injuries caused by its vehicle, and for not reporting warranty claims.

The airbags supplied by fellow Japanese company, Takata.

The move will help it set aside more cash to pay for an expanded recall of its cars to replace potentially faulty air bags made by supplier Takata.

More than 24 million cars worldwide have been recalled because of its air bags.

Honda's Tokyo listed shares had closed down 0.8% before the earnings results were released.

ผลลัพธ์ (อังกฤษ) 2:

The Japanese carmaker Honda has Cut ITS profit forecast and seen third Quarter earnings Drop sharply following a Vehicle Recall linked to airbags. Honda, whose Products include Civics and Accords, is forecasting full year .NET Profits of 545bn Yen ($ 4.6bn, £ 3bn) 3.5. % Less than previously hoped. Third Quarter .NET income was down 15% at 136.5bn Yen. Honda to Recall Millions of vehicles has had an exploding airbag Amid Crisis in which Five people died. Honda has already been fined $ 70m by the US Authorities,. a Record Civil Penalty for carmaker, for not telling Regulators About 1,700 complaints About Place and injuries caused by ITS Vehicle, and for not Reporting Warranty Claims. The airbags supplied by fellow Japanese Company, Takata. The Move Will Help it SET aside more Cash to. pay for an expanded Recall of ITS cars to replace potentially faulty Air bags Made by Supplier Takata. More than 24 million cars Worldwide have been recalled because of ITS Air bags. Honda's Tokyo listed shares had Closed down 0.8% before the earnings results were Released.