Oct 20, 2017

Nissan halts domestic production after improper inspections

Nissan shares fell 2% on Friday after the firm suspended domestic production for two weeks over concerns with its inspection procedures. Earlier this month Nissan recalled 1.2m cars after uncertified inspectors conducted checks on domestic models. Nissan has declined to directly confirm or deny the NHK report. Checks by uncertified technicians continued even after Nissan had said it had strengthened its inspection processes, when the issue first came to light late last month. Nissan will continue to produce vehicles for export, as the certification process for final inspections does not apply to vehicles shipped overseas.

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