Nissan Admits Falsifying Emissions Tests

Nissan has admitted that it has uncovered falsified data from car exhaust emissions tests at most of its Japanese factories, according to the BBC.

Why it matters:  Peter Lyon from Forbes.com says Nissan joined the increasing list of automakers who have admitted to falsifying emissions and/or fuel economy figures. The company said it had uncovered falsified data from car exhaust emissions tests at most of its plants based in Japan.

Since the Volkswagen ‘Dieselgate’ emissions cheating scandal broke in September 2015, nearly every major automaker including–Daimler, General Motors, Suzuki and Mitsubishi have all been caught up in falsifying fuel economy figures or cheating on emissions testing.

According to BBC’s Jonty Bloom:VW was caught cheating emissions testing by deliberately writing software that meant its cars met emissions standards only when they were being tested but not at any other time.

Nissan on the other hand seems to have been running its testing system very badly, they did not meet legal requirements and measurements were altered.  That does not sound as bad as what happened at VW but it is still very shocking. This was going on at all of Nissan’s factories in Japan, bar one; that means it is hardly a one-off accident or down to a few rotten apples.

Nissan is still investigating what went wrong and so more details may emerge, although strangely enough Nissan believes nearly all of its cars do pass emissions standards. But, if this scandal ends here, Nissan will probably be able to say it made a sin of omission rather than VW’s sin of commission.”

Our take:  Whether intentional or unintentional, Nissan’s falsified data may result in a chilling effect on PGM prices.

 

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Key Metal Refining

About Key Metal Refining LLC Key Metal Refining (KMR) buys scrap catalytic converters as the raw material source for its platinum group metal sales generated through its recovery and refining process. KMR’s controlling partner is DOWA Metals and Mining Co. America, a wholly owned subsidiary of DOWA Holdings Co, Ltd. KMR de-cans catalytic converters at its plant in Hainesport New Jersey. The material is further refined and smelted by DOWA in Japan.