TOKYO -- Nissan Motor's decision to suspend Japanese output for two weeks to address improper inspection procedures on its production lines could dent group operating profit by 10 billion yen ($88.1 million), according to an estimate by Nomura Securities.
The Japan-based automaker previously admitted that unqualified employees were conducting inspections at its domestic plants, and claimed it had corrected the problem. But the practice persisted at four of the group's facilities, it was recently revealed. Nissan's roughly 2,100 dealerships across Japan find themselves on the hot seat with customers upset by the sloppy handling of the situation.
