Nissan Motor Co. Chief Executive Hiroto Saikawa attends a news conference at the company headquarters in Yokohama, south of Tokyo, Japan November 8, 2017. REUTERS/Issei Kato
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Japanese automaker Nissan Motor Co.'s fiscal second-quarter profit slipped 3 percent despite growing sales because of costs related to improper vehicle checks in Japan and a massive global air-bag recall in the U.S.The scandal has resulted in more than a million vehicles being recalled to be checked again in Japan, and has caused some production at all six Nissan plants in Japan to be halted.Nissan has acknowledged unqualified people had been systematically carrying out vehicle checks.Nissan, allied with Renault SA of France, reported Wednesday a July-September profit of 141.6 billion yen ($1.2 billion), down from 146.1 billion yen the same period last year.
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