TOKYO, Feb 10 (Reuters) - Honda Motor said on Wednesday it aims to sell at least 632,200 vehicles in China this year, up 10 percent from 2009, though the pace of growth will likely slow compared with a surge last year due to government incentives.
Yoichi Hojo, chief financial officer of Japan's No.2 carmaker, also told Reuters in an interview that the recall of 437,763 vehicles, including the Accord and Civic sedans, globally will likely cost it an estimated 2 to 3 billion yen ($22-33 million)
Earlier on Wednesday, Honda announced the recall plan due to defective airbags. The airbags are made by Japanese car parts maker Takata Corp in North America.
($1=89.80 Yen)
(Reporting by Yumiko Nishitani and Yoshifumi Takemoto) Keywords: HONDA/ (yumiko.nishitani@thomsonreuters.com; +81 3 6441 1803; Reuters Messaging: yumiko.nishitani.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Yoichi Hojo, chief financial officer of Japan's No.2 carmaker, also told Reuters in an interview that the recall of 437,763 vehicles, including the Accord and Civic sedans, globally will likely cost it an estimated 2 to 3 billion yen ($22-33 million)
Earlier on Wednesday, Honda announced the recall plan due to defective airbags. The airbags are made by Japanese car parts maker Takata Corp in North America.
($1=89.80 Yen)
(Reporting by Yumiko Nishitani and Yoshifumi Takemoto) Keywords: HONDA/ (yumiko.nishitani@thomsonreuters.com; +81 3 6441 1803; Reuters Messaging: yumiko.nishitani.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
