Honda Recalls 200,000 Vehicles On Brake Pedal Sensor Issue: Report - Honda Motor Co (NYSE:HMC)

China's State Administration for Market Regulation reportedly said Honda Motor Co Ltd HMC would recall 200,000 hybrid vehicles.
The recall is a result of faulty brake pedal sensors in some vehicles, which is caused due to the lubricating oil, Reuters reported.
The callback involves 105,608 hybrid vehicles produced by Honda's venture with Dongfeng Motor Group Co from October 8, 2018, to September 7, 2020.
Also Read: US Confirms Death Due To Faulty Air Bag In Honda
The recall also involves 95,081 vehicles produced by Honda's partnership with Guangzhou Automobile Group Co between August 27, 2018, to August 6, 2020.
The recall is slated to start from March 31, 2023.
Also Read: Honda Agrees To Procure 123 GWh BEV Batteries From CATL
Price Action: HMC shares closed lower by 2.49% at $22.35 on Wednesday.
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