Nissan's U.s. Loan Company To Pay $4 Million Fine Over Repossessions

Nissan's U.S. loan company to pay $4 million fine over repossessions

WASHINGTON — Nissan's U.S. lending arm agreed on Tuesday to pay a $4 million U.S. fine to settle a government agency's allegation that it improperly repossessed hundreds of consumers' vehicles.

The Consumer Financial Protection Bureau (CFPB) said that between 2013 and 2019, Nissan Motor Acceptance Corp (NMAC), a subsidiary of the Japanese automaker's North American unit, "wrongfully repossessed hundreds of consumers' vehicles despite the consumer having made payments" or taken other actions. Nissan must pay up to $1 million distributed to consumers subject to a wrongful repossession.

Russia To Fine Japanese Fishing Boat For Its Catch

Russia to fine Japanese fishing boat for its catch

Russian authorities say they expect the captain of a Japanese fishing boat to be fined for violation of a fishery agreement between the two countries.

Border authorities in Sakhalin in Russia's Far East said on Thursday that they have found an undeclared catch of 714 kilograms of ray fish on the No. 68 Shoyo-maru.