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Honda Executives To Take Pay Cut After Fifth Fit Hybrid Recall

2014-10-23 18:32:53| Automakers - Topix.net

Honda Motor Co said on Thursday its president and 12 other executives would take an unprecedented pay cut after the Japanese automaker announced the fifth recall in a year of its new Fit model. The recall, which covers 425,825 vehicles in Japan, comes as Honda is facing lawsuits due to accidents involving airbags supplied by Takata Corp .

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