ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Nissan braces for heavy cost of regulatory shortfall

Automaker to spend $220m or more to recall 1.21 million cars

Nissan Motor CEO Hiroto Saikawa briefed reporters on the scandal at a Oct. 2 news conference.

TOKYO -- Nissan Motor is scrambling to initiate a recall equivalent to more than double its annual domestic sales volume following the revelation of a grave regulatory oversight, prompting concern over the harm to its brand image and sales.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more