Nissan Motor Co executive vice president Daniele Schillaci yesterday bowed deeply for several seconds in a Japanese-style apology, expressing his remorse for widespread illegal inspections at the automaker.
“I would like to take this opportunity to express a sincere apology for our recent issues,” he said at the Nissan booth at the Tokyo Motor Show. “We sincerely regret any inconvenience and concern this has caused our valued customers.”
This year’s show highlights “smart” and “green” vehicles that talk, connect online and stop on their own before crashes, but scandals surfacing within weeks of the auto show, including another one at Kobe Steel that has hit the entire industry, are casting a shadow over the festivities.
Photo: AP
Schillaci switched from his nearly tearful apology to an upbeat demeanor after a resonating electronic beep — the special sound called Canto, designed for Nissan electric cars to protect pedestrians.
Electric cars are extremely quiet compared with gas-engine cars and people have complained about not being aware of their approaching.
“What you just heard is the sound of the future,” he said, proceeding happily with his presentation on automated driving and electric sports cars.
Taking center stage at the Nissan booth was a sleek zero-emissions electric “concept” car, billed as “Nissan intelligent mobility.”
It comes with surrounding 360° sensors capability from radars, cameras, lasers and sonars, to deliver accident-free driving, as well as a future in which the car can drop its owner off somewhere before parking or returning home, Schillaci said.
Japanese automakers have been hit by a series of scandals in recent years, including a massive recall of defective airbags made by Japanese supplier Takata Corp that involves about 100 million airbag inflators worldwide. The defect has been linked to 19 deaths and dozens of injuries.
The global industry has also been rocked by a scandal at Volkswagen AG of Germany over cars it had illegally rigged to cheat on US emissions tests.
Nissan, allied with Renault SA of France, acknowledged last month inspection irregularities had been going on for years at its plants in Japan, with the final inspections routinely done by unauthorized staff.
Shortly after apologizing for that, Nissan said the illegal checks had continued.
It has halted production in Japan for the domestic market until it can figure out how a recurrence can be prevented.
Nissan company officials said the practice was so ingrained it was hard to change. Better communication is needed among managers and production will not resume until the government gives its approval.
Thousands of cars will have to be reinspected.
“We have formed an investigative team with a third party, which is working hard to find out what happened and why,” Schallaci said.
The other scandal, over the falsification of data at Kobe Steel, spans dozens of products made of steel, aluminum, copper and other materials, affecting about 500 companies including major automakers around the world and the aircraft, electronics and railway industries.
AI BOOST: Although Taiwan’s reliance on Chinese rare earth elements is limited, it could face indirect impacts from supply issues and price volatility, an economist said DBS Bank Ltd (星展銀行) has sharply raised its forecast for Taiwan’s economic growth this year to 5.6 percent, citing stronger-than-expected exports and investment linked to artificial intelligence (AI), as it said that the current momentum could peak soon. The acceleration of the global AI race has fueled a surge in Taiwan’s AI-related capital spending and exports of information and communications technology (ICT) products, which have been key drivers of growth this year. “We have revised our GDP forecast for Taiwan upward to 5.6 percent from 4 percent, an upgrade that mainly reflects stronger-than-expected AI-related exports and investment in the third
Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports
TECHNOLOGICAL RIVALRY: The artificial intelligence chip competition among multiple players would likely intensify over the next two years, a Quanta official said Quanta Computer Inc (廣達), which makes servers and laptops on a contract basis, yesterday said its shipments of artificial intelligence (AI) servers powered by Nvidia Corp’s GB300 chips have increased steadily since last month, should surpass those of the GB200 models this quarter. The production of GB300 servers has gone much more smoothly than that of the GB200, with shipments projected to increase sharply next month, Quanta executive vice president Mike Yang (楊麒令) said on the sidelines of a technology forum in Taipei. While orders for GB200 servers gradually decrease, the production transition between the two server models has been
ASE Technology Holding Co (日月光投控), the world’s largest integrated circuit (IC) packaging and testing supplier, yesterday announced a strategic collaboration with Analog Devices Inc (ADI), coupled with the signing of a binding memorandum of understanding. Under the agreement, ASE intends to purchase 100 percent shares of Analog Devices Sdn Bhd and acquire its manufacturing facility in Penang, Malaysia, a press release showed. The ADI Penang facility is located in the prime industrial hub of Bayan Lepas, with an area of over 680,000 square feet, it said. In addition, the two sides intend to enter into a long-term supply agreement for ASE to