Nissan’s domestic sales drop after inspection scandal
In this article (4)
Japanese automaker Nissan Motor Co Ltd’s domestic sales for the Oct. 1 to Oct. 20 period plummeted 20 percent following recent allegations of misconduct in its inspection procedures, the Nikkei said.
The Yokohama-based automaker’s domestic sales fell to 12,300 units during the period, the newspaper reported. (s.nikkei.com/2lc9nAm)
Last week, the country’s second-largest automaker said it would halt production of domestic market vehicles at all six of its Japanese assembly plants to consolidate their inspection lines to comply with the country’s transport ministry requirements.
The inspection scandal was expected to end the company’s 11-month streak of year-on-year domestic sales growth through September, the business daily said.
The company could not immediately reached for comment.
Questions & Answers
Q.What was the extent of the drop in Nissan's domestic sales?
What was the extent of the drop in Nissan's domestic sales?
Nissan's domestic sales for the period of October 1 to October 20 plummeted by 20 percent. This reduction meant sales fell to 12,300 units during that specific timeframe, as reported by the Nikkei newspaper.
Q.What action is Nissan taking in response to the inspection issues?
What action is Nissan taking in response to the inspection issues?
Nissan announced it would halt production of domestic market vehicles at all six of its Japanese assembly plants. This measure is intended to consolidate their inspection lines to meet the transport ministry's requirements.
Q.How long was Nissan's streak of domestic sales growth before this scandal?
How long was Nissan's streak of domestic sales growth before this scandal?
Before the inspection scandal, Nissan had maintained an 11-month streak of year-on-year domestic sales growth. This positive trend was expected to end with the recent misconduct allegations.
Reader pulse
What will be the long-term impact on Nissan's domestic market share?
16,264 votes so far