Because of improper final inspections before the cars were delivered, Nissan has to re-call 1.2m vehicles delivered between October 2014 and September 2017. The company has also temporarily terminated any registrations of new cars in Japan. According to management, this will cost the company Y25bn, or some €190m.
We do not have any explanation why something this weird could ever happen. It might be a reflection of the immense cost pressure the auto industry is experiencing and top management’s ....
02 Oct 2017
Re-inspecting 1.2m Nissan vehicles registered in Japan
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Re-inspecting 1.2m Nissan vehicles registered in Japan
Renault SA (RNO:WBO) | 0 0 2.2% | Mkt Cap: 26,021m
- Published:
02 Oct 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Because of improper final inspections before the cars were delivered, Nissan has to re-call 1.2m vehicles delivered between October 2014 and September 2017. The company has also temporarily terminated any registrations of new cars in Japan. According to management, this will cost the company Y25bn, or some €190m.
We do not have any explanation why something this weird could ever happen. It might be a reflection of the immense cost pressure the auto industry is experiencing and top management’s ....