Source:
BloombergBy Makiko Kitamura
Nissan Motor Co., Japan’s third largest automaker, will recall 2.14 million vehicles globally to fix a defect that can cause the engine to stall.
The recalls include 761,528 vehicles in North America, spokesman Toshitake Inoshita said by phone today. In Japan, Nissan will repair nine models, including the March, Note and Tiida compact cars, and will recall 834,759 vehicles, according to a statement on the website of the nation’s transport ministry. There have been no accidents and injuries related to problem, Nissan said.
Shares in Yokohama, Japan-based Nissan fell 0.1 percent to 729 yen in Tokyo trading. The stock has fallen 10 percent in 2010.
Toyota Motor Corp., the nation’s biggest automaker, and second-ranked Honda Motor Co. recalled models earlier this month for a separate problem. Toyota said Oct. 21 that it would repair 1.53 million vehicles worldwide for a flaw linked to brake-fluid leaks. Honda recalled 471,820 models in the U.S. for a similar defect on Oct. 25.
Read more:
http://www.bloomberg.com/news/2010-10-28/nissan-motor-to-recall-2-14-million-vehicles-globally-on-engine-defect.html
NISSAN RECALLS ANOTHER 747,000 ARMADAS, TITANS, INFINITIES, FRONTIERS AND PATHFINDERS (NSANY)
http://www.zacks.com/research/get_news.php?id=301l8929Oct 28, 2010 (SmarTrend News Watch via COMTEX) -- 10/28/2010-Nissan (PINK:NSANY) recalled 747,000 trucks and SUVs in the U.S. Thursday.
Nissan cited a risk of electrical system failure that could cause vehicles to stall.
The recall includes 2004-06 Armadas and Titans, 2005-06 Infiniti QX56s and 2003-06 Frontiers, Pathfinders and Xterras.
Write to Chip Brian at cbrian@tradethetrend.com