Nissan is recalling 1.2 million vehicles in Japan that were produced between October 2014 and September this year. On Monday, Nissan said it planned to recall more vehicles in Japan that had been inspected by unauthorized technicians. Earlier in the day, shares in the Japanese automaker fell to a five-month low.
The improper inspections are not believed to have affected vehicle safety as they were final-stage checks. Nissan said all recalled vehicles would undergo re-inspections for final checks on issues including steering radius and braking and acceleration capabilities. Which will cost the automaker around 25 billion yen ($222 million). “This could turn out to be a serious issue depending on whether the misconduct was intentional or a simple oversight,” said Takeshi Miyao, managing director of consultancy Carnorama.
Speaking at a news conference, Nissan Chief Executive Hiroto Saikawa said he expected it would take about a month to determine the cause of the improper inspections.