Honda Motor Company in its annual report covering end of life car recycling in Japan said today it made money on the sustainability program that is part of Japanese regulations.
The total cost of the recycling efforts amounted to ¥3.48 billion ($44.55 million), which was ¥290 million ($3.7 million) less than the total recycling proceeds received which was ¥3.77 billion yen.
Honda broke the recycling effort out in three areas required under Japan’s end of life law: fluorocarbons, airbags, Automobile Shredder Residue or ASR. About 320,000 cars had fluorocarbons recycled, decrease of 16% compared to the previous year. The number of vehicles from which airbags were collected was approximately 240,000 units, a decrease of 6%, The number of scrapped vehicles from which ASR was collected as the final stage of recycling was 370,000, a decrease of 20% compared to the preceding fiscal year.
The recycling rate of airbag inflators and ASR was 93.6% and 93.3%, respectively, easily complying with the law, which requires 85% for airbag inflators and 70% for ASR by the fiscal year ending March 31, 2016. Honda said it intends to increase recycling rates.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
