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Nissan

Nissan will overhaul the inspection process for its Japan-destined vehicles for the first time in decades as the car-maker seeks to address a widening scandal that has forced it to suspend production for the domestic market. The company said on Thursday that unauthorised workers had been vehicles set for sale in the Japanese market, even after the company announced the recall of nearly 1.2m cars earlier this month over the same issue. With investors increasingly concerned about Japan Inc’s adherence to standards concerns that were most recently by the Kobe Steel data falsification scandal the news pushed Nissan shares down 1.6 per cent on Friday, and also weighed on the prices of its suppliers. HirotoSaikawa, Nissan’s chief executive, pledged “drastic measures” to deal with the problem, namely the of vehicle production for the home market at all six factories in Japan run by the company and its affiliate, Nissan Shatai.

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