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Chattanooga Honda Dealer Fined for Allegedly Selling Recalled Models

The National Highway Traffic Safety Administration has levied a $125,000 fine against Southern Honda Powersports following an investigation into allegations the Chattanooga, Tenn., dealership sold unrepaired recalled models. Southern Honda Powersports bills itself as the “World’s largest Honda powersports dealer”. Federal laws require dealers to stop selling models that are recalled until the defect or noncompliance issue has been remedied.

Honda Reports Q3 2011-2012 Results

Honda reported a 41% decrease in net income over the third quarter, thanks primarily to the rising Japanese yen, continuing effects from the Japanese earthquake and floods in Thailand interrupting automobile production. Thanks to recovering auto sales and growing motorcycle sales in emerging markets, Honda reported a net profit of 47.6 billion yen (US$624 million) in the quarter ended Dec. 31, 2011.

Flooding in Thailand Not Expected to Affect Honda Motorcycle Production

Severe flooding in Thailand has disrupted Honda’s automobile production but the company’s motorcycle production is expected to proceed normally. Hundreds have been died since July due to heavy flooding in Thailand and several provinces remain underwater as the Asian nation experiences its worst floods in 50 years. Heavy monsoon rains from multiple storm systems over the last few weeks have added to the problem, affecting millions in northern and central Thailand.