Join The Discussion

 

Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

read more >

UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

read more >

Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

read more >

Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

read more >

Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

read more >

Japanese auto makers recall millions for airbag defects

HONG KONG (CNNMoney) -- Japanese automakers Honda, Nissan, Toyota and Mazda are recalling about 3.4 million cars due to airbag defects.

Toyota said it was recalling 1.7 million cars from around the world, including some popular Corolla, Matrix and Camry models. Nissan recalled about 480,000 cars, while Mazda added another 45,000.

Honda, which is recalling more than 1.1 million autos, said the recall was necessary to replace passenger front airbag inflators.

"It is possible that the passenger front airbag inflators in affected vehicles may deploy with too much pressure, which may cause the inflator casing to rupture and could result in injury," the company said in a statement.

Most of the recalled cars appeared to be from the 2001, 2002 and 2003 model years.

Honda said it was aware of one crash in which a passenger front airbag casing had ruptured after being deployed with too much pressure. The automaker said it was not aware of any injuries or deaths that may have resulted from the defect.

Honda has had previous recalls, beginning in 2008, for the same problem in driver's side airbags.

Toyota said it had reports of five airbag malfunctions, but no injuries.

Toyota spokeswoman Shino Yamada said the airbags in question were manufactured by Takata Corp., a Japan-based supplier.

Takata shares declined sharply after the recall was issued, at one point falling more than 15% before recovering to close down 9%.

In the United States, the Honda vehicles involved in the recall include 2001 to 2003 Civics and CR-Vs and 2002 Odyssey minivans. Nissan is recalling 2001 to 2003 Maximas, Pathfinders, Sentras, Infiniti I35s and Infiniti QX4s in the U.S., while Mazda is recalling 147 2003 and 2004 Mazda6 sedans and two 2004 Mazda RX-8s. Toyota is recalling some 2001 to 2003 Corollas, Matrixes, Tundra pickups and Lexus CS430s.

Manufacturers will identify the specific cars involved and will notify owners.

General Motors and BMW also used the same airbag inflators in some of their cars, according to a document Takata sent to the National Highway Traffic Safety Administration. GM and BMW did not immediately respond to requests for comment.

The recall, while large, is not without precedent. The United States alone has had 13 recalls of more than three million units, according to a list maintained by the D.C.-based Center for Auto Safety.

For Toyota, the recall is another blow to its carefully cultivated reputation for quality.

The company announced in October a recall of 7.43 million cars due to a power window problem that posed a fire risk.

Toyota's largest recall came in 2009 and 2010, when more than 8 million units were brought in for a potential problem involving sticky accelerator pedals. In that case, dealers were told to suspend sales of eight models, and production of those models stopped temporarily.

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?