Honda is notifying 6 million owners of Hondas and Acuras that they are entitled to warranty extensions and, in some cases, payments because odometers in their vehicles rolled up miles too fast. A lawyer in the lawsuit that resulted in Honda's moves now is aiming at Nissan, alleging that its Altima sedans back to 2002 roll up miles 2.5% to 3% too fast.
The Society of Automotive Engineers' voluntary standard is plus or minus 4%, or no more than 4 miles high or low in every 100 miles. The National Highway Traffic Safety Administration says it doesn't regulate odometer accuracy.
Honda says its odometers were accurate to within 3.75% on the high side and 1% on the low side, within the SAE standard. But it says it will extend the warranty mileage 5% and will pay lease-mileage penalties due to fast odometers, at least $6 million just for overcharges on vehicles leased directly from Honda.
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USAToday.com - Money/Autos