Fox (FOXA) Set to Report Earnings: Wall Street Anticipates Growth
Fox (FOXA) is set to report earnings on November 4, 2024, with Wall Street expecting growth in earnings and revenues. Analysts project an EPS of $1.12 and revenues of $3.37 billion.
Honda Motor Co. has announced a significant recall affecting nearly 1.7 million vehicles due to a manufacturing defect that could impair steering functionality, potentially leading to dangerous driving conditions. The recall was reported to government regulators last week, with the National Highway Traffic Safety Administration (NHTSA) issuing the official recall order on Tuesday.
The recall affects a range of models, specifically:
These vehicles were manufactured between 2022 and 2025. The NHTSA's investigation began in March after receiving 145 complaints from Honda Civic drivers regarding steering difficulties. Drivers reported that their steering could stick, requiring extra effort to turn the wheel.
The issue stems from a manufacturing error in the steering gearbox assembly, which may lead to excessive internal friction. This defect can make steering difficult, increasing the risk of crashes. Fortunately, as of the latest reports, there have been no accidents or injuries linked to this problem.
Honda plans to notify affected vehicle owners through letters that will be sent out on November 18. Owners will be instructed to take their vehicles to authorized dealers, where the following actions will be taken at no cost:
This recall highlights the importance of vehicle safety and the proactive measures taken by manufacturers to address potential defects. Honda is committed to ensuring the safety of its customers and will provide necessary repairs to affected vehicles at no charge. Vehicle owners are encouraged to stay informed and take action as soon as they receive notification regarding the recall.
Fox (FOXA) is set to report earnings on November 4, 2024, with Wall Street expecting growth in earnings and revenues. Analysts project an EPS of $1.12 and revenues of $3.37 billion.
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