Nissan to recall about 168,000 U.S. vehicles over labeling issue
Seeking Alpha ·
Nissan ( NSANY ) is recalling nearly 168,000 vehicles in the United States because some certification labels display incorrect Gross Axle Weight Rating (GAWR) information, Reuters reported on Tuesday, citing the U.S. National Highway Traffic Safety Administration (NHTSA).
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NHTSA announced that Nissan is recalling approximately 168,000 vehicles in the U.S. due to incorrect Gross Axle Weight Rating (GAWR) information on certification labels. This action relates to vehicle safety compliance issues, which could lead to a decline in brand trust and additional costs. Investors should carefully monitor the impact of the recall size on short-term earnings and stock prices.
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- Automotive — Repair costs and a decline in brand trust resulting from the large-scale recall of 168,000 vehicles act as a burden on short-term stock prices.
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