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Nissan North America Announces 600,000 Vehicle Voluntary Safety Recall Campaign

Japanese car maker Nissan Motor Co. Ltd.'s (NSANY.PK) subsidiary Nissan North America, Inc. announced Thursday a voluntary safety recall campaign for a total of about 604,500 of its Frontier pickup truck, Xterra sports-utility, and Sentra sedan models as the vehicles could have a cause for malfunctioning of steering and battery cable terminal. These vehicles were sold to several markets in North and South America and Africa. However, no accidents or injuries have been reported with either issue.

"At Nissan, we're committed to the safety and satisfaction of our customers. We regret any inconveniences that our customers may experience as we address these issues," Nissan vice president of Total Customer Satisfaction Kevin Martin said in a statement.

Franklin, Tennessee-based Nissan North America said the safety recall campaign is being conducted to replace the lower steering column joint and shaft on about 303,000 Frontier and 283,000 Xterra vehicles, as well as the positive battery cable terminal on 18,500 Sentra vehicles.

The affected Frontier and Xterra vehicles were sold in the U.S., Canada, Mexico, Argentina, Brazil and a number of other Latin American countries, and were manufactured at the Smyrna, Tennessee-based plant between July 2001 and January 2005, as well as the Curitiba, Brazil-based plant between November 2001 and June 2008. These include 240,000 Frontier, and 261,000 Xterra vehicles in the U.S. as well as 4,500 Frontier, and 9,900 Xterra vehicles in Canada.

The replacement of lower steering column joint and shaft on Frontier and Xterra vehicles stemmed from the discovery the joint on the affected vehicles can develop corrosion that limits the movement of the joint, and could lead to cracking of the steering shaft in extreme cases.

Meanwhile, the affected Sentra vehicles were sold in the U.S., Mexico, Canada, Argentina, Brazil and a number of Latin American and African countries, and were manufactured at the Aguascalientes, Mexico-based plant between May 22, 2010 and July 8, 2010. These include 14,000 vehicles in the U.S. and 1,900 in Canada.

The replacement of the positive battery cable terminal on Sentra vehicles was due to issue with the connector on the positive battery cable terminal that could lead to difficulty starting the vehicle, and stalling at low speeds.

The company has asked owners to bring their vehicles to the dealer to have the new parts installed free of charge following a notification in early December upon availability of replacement parts.

NSANY.PK closed Thursday's regular trading session at $19.22, down $0.12 or 0.62% on a volume of 1.24 million shares.

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