Japan’s third-biggest automaker, Honda Motor, reportedly said on Wednesday it plans a recall of some 640,000 vehicles worldwide due to suspected defects with transmission and fuel pump systems – the recall will cost an estimated $US74.84 million.

Reuters reported that Honda would recall about 500,000 Accord, Acura TL and Acura CL models in the United States, while recalling 38,000 in Canada.

Honda would also recall some 68,000 units of five models including Odyssey minivans in Japan, and some 11,000 elsewhere in Asia while the rest of the recalls would be in the Middle East and Mexico, Reuters added.