Thursday, January 15, 2015

Honda's Costly Mistake Results in 70 Million Dollar Fine

News Analysis 1

Honda will be facing hefty fines this year. Honda is being fined $70 million due to a disregard to report safety issues in their vehicles for the past 11 years (Hirsch, 2015). The failure to report safety issues was caused because there was data and computer programming errors.  In the last 11 years, 1,729 safety issues were not reported (Hirsch, 2015). For example, some of the issues experienced by 8 vehicles dealt with airbags exploding sending shrapnel into the cars.

Honda’s decision to conceal crucial information from the public raised numerous ethical issues such as harming and deceiving another human being. Concealing information that could result in the end of someone’s life sparks an ethical issue. Honda’s poor decision could have cost the life of a customer or their loved ones. For instance, when an air bag explodes it fills the car with shrapnel which in severe cases can be fatal (Honda Airbag Lawsuits, 2015). The company failed to act timely and injuries could have been avoided. Concealing the information is in essence, lying to your customers because they assume that Honda is known for providing a safe and reliable car yet, in actuality it is not as safe as we would like it to be. Honda’s marketing campaign is based on providing a safe and reliable car and with this ethical mal practice, Honda destroys what they are originally known for and might be facing major lawsuits.

Furthermore, Honda did not respond effectively to the crisis. According to LA Times, Honda recognized that it failed to report to the National Highway Traffic Safety Administration (NHTSA) about 1,729 incidents late last year. When a company recognizes that they should have done something and did nothing to make amends; it creates an ethical dilemma because it causes an inner battle of right vs wrong inside of them. The duration of time that Honda took to resolve this issue increases the severity of this ethical dilemma. Even though, failure to report safety issues was due to computer errors, Honda should not have delayed their reaction time and have implemented a back-up plan for computer failures. Honda should have notified their consumers who were directly affected by their immorality. Also, as soon as Honda discovered that there were reporting errors, they should have made a public announcement in the media and have Honda customers come in for inspections and repairs to ensure the safety of the vehicles.

Currently, Honda is working closely with the NHTSA to correct the errors in reporting accidental statistical data in order to obtain a more effective safety management system. Also, Honda is beginning recalls on the affected vehicles. If Honda does not want to lose any business, product quality and safety need to be their top priority.

As a result of their actions, Honda will most likely lose valuable customers due to immorality and trust. Honda failing to report accurate malfunctions and to timely handle the recalls denotes questionable business ethics and lack of integrity of their top management team. People want to do business with people they can trust. This might cost Honda in the near future.

Bibliography


Hirsch, J. Federal Regulators Fine Honda $70 million in Safety Investigation. Retrieved from LA Times: http://www.latimes.com/business/autos/la-fi-honda-fine-20150109-story.html

Honda Airbag Lawsuits. Retrieved from Pulaski & Middleman P.L.L.C.: http://www.pulaskimiddleman.com

 

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