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  HOME | Business & Economy (Click here for more)

Nissan Sales in Japan Drop 20% after Inspection Scandal

TOKYO – Sales of vehicle manufacturer Nissan Motors fell nearly 20 percent year-on-year in Japan between Oct. 1-20 following an inspection scandal at its domestic factories, according to the Nikkei Asian Review newspaper on Tuesday.

The Japanese automakers domestic sales dropped to 12,300 units during that period, according to data cited by Nikkei.

In addition, Nissan’s drop in domestic sales contrasts with the overall increase in vehicle sales in Japan during this same period, which was around 10 percent (about 177,200 units) aided by brisk new-car sales.

The data, published shortly before the opening of the Tokyo Stock Exchange on Tuesday, disappointed investors in the Japanese market, where Nissan shares dropped 1 percent at the start of trading.

Last week, Nissan announced a two-week temporary suspension of production of vehicles for the Japanese market in its six domestic plants to solve the problem that has forced the company to revise more than one million vehicles and has raised concern about the impact to their subcontractors.

The Yokohama-based company took this decision after verifying that irregularities were still found in three of its domestic plants, even after the issue came to light on Sept. 29.

The problem affects a total of 38 models, including 10 produced for other brands such as Mitsubishi, Suzuki and Mazda, which underwent quality inspections by unqualified personnel.

Japanese regulations stipulate that only certified and previously registered inspectors, who are approved by the Ministry of Transport, can approve the vehicles to be sold on the Japanese market.

 

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