Investigation and pending class action lawsuit against Nissan and Michelin North America.
The clasa ction lawsuit is brought on behalf of a class consisting of all persons or entities who purchased or leased, not for resale, a Nissan vehicle equipped with the Michelin PAX Tire and Wheel Assembly System in the State of California. The 2006 and 2007 Nissan Quest models are at specific issue in this class action lawsuit against Nissan And Michelin, but the investigation extends to all Nissan make and model automobiles. The class action complaint alleges that Nissan and Michelin intentionally misrepresent the benefits of the PAX system, the availability of repair facilities equipped to replace PAX system tires and the costs of replacing PAX system tires. The class action lawsuit also alleges that Nissan and Michelin failed to disclose to consumers the markedly shorter tread life of the PAX system tires.
Name (Stock Symbol)
Nissan Motor Co., Ltd.
Nissan Motor Co., Ltd. manufactures automobiles and trucks.
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