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Nissan in biggest ever Japanese recall

Nissan Motor announced today that has committed Y15bn to Y16bn this year cover the cost of recalling 2.56m cars sold in Japan and abroad due to engine problems.

The recall, the biggest ever by a Japanese manufacturer, affects 25 models including Sunnys produced between 1998 and 2003. No accident linked to the defect, not specified in news reports, had been reported.

Nissan will recall 1.03m cars in Japan and 1.53m cars sold overseas, but says the cost will not cause it to reduce its forecast for full-year earnings.

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