Honda's FY 2015 profit drops 32% over Takata air bag debacle

Honda's FY 2015 profit drops 32% over Takata air bag debacle

Tetsuo Iwamura, executive vice president of Honda Motor Co., releases the company's earnings report for the business year ended in March 2016 at a press conference in Tokyo on May 13. Honda's net profit fell 32.4 percent as costs related to a recall of defective air bag inflators made by Takata Corp. offset solid sales in North America and Asia. (Kyodo) ==Kyodo

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