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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (22926)2/4/2005 9:01:27 PM
From: RealMuLan  Read Replies (1) of 116555
 
[Foreign Car makers, not only make higher profit in China, they did not even have to recall their faulty vehicles before last October!]

Nissan to recall faulty vehicles in China
Indo-Asian News Service

Beijing, Feb 4 (IANS) Nissan Motor Co, Japan's second-biggest automaker, has joined a long list of automobile manufactures set to recall their faulty vehicles in China, reports Xinhua.

Nissan said it would recall 3,008 X-Trail T30 sport utility vehicles (SUVs) in the Chinese mainland from Feb 28 over potential vent pipe problems.

These vehicles were manufactured between June 26, 2001, and Feb 13, 2003, Nissan Motor (China) Limited said in a statement.

Nissan has so far sold around 4,600 X-Trails in the mainland. The company is the third foreign automaker to recall faulty vehicles sold in the mainland this year.

Fuji Heavy Industries Co, owned by General Motors, said that it will recall 57 Subaru Legacy sedans in the mainland before China's Spring Festival (falling on Feb 9) due to possible brake system problems.

Toyota Motor Corp, Japan's top automaker, began recalling 1,717 Lexus vehicles in the mainland due to possible fuel pump defects at the end of last month.

Analysts said that there would be more vehicle recalls in China as the nation starts to implement its first auto recall regulations introduced last October.

Last year, automakers like Mercedes-Benz, Mitsubishi and Toyota along with joint venture companies like Chang'an Suzuki, Guangzhou Honda and
Dongfeng Peugeot Citroen also recalled their makes.

Indo-Asian News Service


eians.com
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