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Stock impact report

Scandal-hit Nissan suspends production for Japan market [MSN Money]

NISSAN MOTOR LTD S/ADR (NSANY) 
US:NASDAQ Investor Relations: nissan-global.com/en/ir
Company Research Source: MSN Money
© Provided by AFP The announcement comes weeks after Nissan admitted that staff without proper authorisation had conducted final inspections on some vehicles intended for the domestic market before they were shipped to dealers Nissan said Thursday it was suspending all production destined for the local market, as Japan's number-two automaker grapples with a mounting inspection scandal that has already seen it recall some 1.2 million vehicles. Popular Searches Nissan decided today to suspend vehicle production for the Japan market at all Nissan and Nissan Shatai plants in Japan, it said in a statement, referring to an affiliate. The announcement comes weeks after the company announced the major recall as it admitted that staff without proper authorisation had conducted final inspections on some vehicles intended for the domestic market before they were shipped to dealers. On Thursday, it said a third-party investigator found the misconduct ha Show less Read more
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