Nissan shuts down Japanese production [Seeking Alpha]
NISSAN MOTOR LTD S/ADR (NSANY)
US:NASDAQ Investor Relations:
nissan-global.com/en/ir
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Source: Seeking Alpha
Nissan shuts down Japanese productionNissan (OTCPK:NSANY) announces thesuspension of all production for its home market due to the issue with improper inspections.The Japanese automaker needs to re-inspect 1.2M vehicles for safety after employees without the proper qualifications were used by the company.The production halt is expected to last about two weeks.Nissan closed up 0.83% in Tokyo earlier today before the shutdown announcement. The U.S.-traded ADRs aredown 1.66%.Now read:Tesla Selling Beta Test Cars To Employees: Model 3 Revenue Recognition Remains A Joke »
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