Mexican Media Brands
Japanese Carmakers Say Aluminum from Kobe Steel Is Safe
Honda, Mazda and Toyota say hoods and other exterior components made with improperly inspected sheet aluminum supplied by Kobe Steel Ltd. are safe.
#aluminum
Share
%20sign.jpg;width=860;format=webp)
Honda, Mazda and Toyota say hoods and other exterior components made with improperly inspected sheet aluminum supplied by Kobe Steel Ltd. are safe.
The news prompted a 6% increase in Kobe’s stock price earlier today after a 41% decline last week.
Kobe admits it has been falsifying quality data about its aluminum, iron, steel and copper products for 10 years. The materials have been used by some 500 companies worldwide in everything from cars and planes to trains and computer discs.
RELATED CONTENT
-
Light Rider
When you think of the forthcoming LA Auto Show and Los Angeles in general, you may think of (1) very expensive, very large vehicles being piloted by very egotistical stars and (2) very jammed freeways full of the aforementioned, as well as numerous other vehicles of a less ostentatious variety.
-
Engineering the 2012 Hyundai Veloster
Sure, it looks like nothing else on the road. Yes, there is a cleverly hidden third door. There’s plenty of tech on the inside. It drives like something a couple segments above. And the MSRP is incredible. Go figure.
-
Jaguar Land Rover & the Globalization of Auto
If you want a sense of the nature of the global nature of this business, consider last week’s announcement from Jaguar Land Rover.