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Techfile: Nissan To Recall All The Cars It Sold In Japan In The Last 3 Years - general
Nissan To Recall All The Cars It Sold In Japan In The Last 3 Years
Author: admin | Posted In: general On 2017 | Views: 441 | Comment(s): 0
Nissan which is Japan"s second-biggest carmaker, said
it would recall 1.21 million cars produced for Japan"s
market between October 2014 and September 2017.
This is after it was discovered that final vehicle
inspections were not performed by authorized
technicians before they were released into the
market.
The recall is expected to cost Nissan N80 billion (
220m) and this has made Nissan"s share price to drop
by 5% since the recall was announced on Monday.
"We must take the registration framework and
procedures seriously, regardless of how busy we may
be or how short-staffed we may be," CEO Hiroto
Saikawa told reporters at a media conference.
"We apologize for the inconvenience caused to our
customers."
This is the second biggest misconduct to hit the
Japanese automakers after Mitsubishi was caught in
April 2016 for falsifying the fuel economy for some of
its domestic market models.
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