Three residents of British Columbia and one person residing in Ontario filed the claims that allege they were overcharged for the vehicles and suffered economic losses as a result of the scandal, Kobe Steel said. Kobe Steel said it cannot estimate how much the lawsuits will cost or fully calculate the potential financial impact of the scandal. Kobe Steel also said on Friday that no products have required recall. JIS certifications were also suspended at its Moka aluminium and aluminium alloy plant north of Tokyo. Kobe Steel said that despite losing the JIS certification, it can supply products that are equivalent to the standards in quality if customers accept them.

Source: Bangkok Post December 08, 2017 23:03 UTC