FIRST AIRED: July 9, 2018

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
>> A new twist in the Diesel Gate Scandal. Nissan has admitted falsifying emission tests in Japan. The car maker didn't say how many vehicles were involved but confirmed that its fuel tests were not in line with requirements. Nissan says a full investigation is underway. Last year, the company had to recall 1.2 million vehicles after regulators found that uncertified inspectors had been signing off final checks for cars sold in Japan.
00:00:29
It blamed the misconduct on staffing shortages. Now Monday's admission comes three years after VW admitted cheating on emissions tests in the US for at least six years. Their diesel cars were emitting up to 40 times the legally allowable pollution levels. In May, German prosecutors fined VW one billion euros over the scandal and filed criminal charges against Martin Winterkorn who was VW's CEO at the time.
00:00:58
Nissan not the only Japanese firm affected, domestic rival Subaru has conceded that its employees manipulated mileage and emission readings on its cars. On Monday, Nissan's shares slumped to their lowest level in more than a year while Renault, which holds a 43% stake in the firm, was the worst performer on France's benchmark index.