Honda CEO and executives take pay cuts over recent recalls
|   Wednesday, October 29, 2014
Honda Motor's President and few other executives have decided to take valid amount of pay cuts since the company informed about fifth recalls of its new Jazz Hybrid in the coming year.

As per a trustworthy report, there are around 425,000 affected Jazz and few other models too. The defects in these models are found to be as two noises at a time coming from the vehicles. With the same petro electric structure as Jazz, Vezel HR-V, N-WGN models and a few petrol Jazz models have also been recalled.


Honda had to face lawsuits because of crashes during blow of Takata Corp supplied airbags. Those airbags involved four accidental deaths while driving in Honda vehicles and also a large number of people got affected because of this fault.

This recall made the company to pay cut 20% for next ninety days as confirmed by the company CEO Mr. Takanobu Ito. Honda has created a corporation to improve quality in its future recalls.
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