Nissan Motor Co. is issuing a recall of about 1.38 million automobiles globally of fashions together with Observe, Kicks, Serena and Leaf, an organization spokeswoman stated Friday.

The recall will have an effect on autos in U.S., Europe and Japan over a number of points, together with automobiles immediately accelerating after exiting cruise management or a brief circuit that will trigger motors to cease whereas driving.

No accidents ensuing from the problems have been reported, the spokeswoman informed Bloomberg Information.

Nissan stated it would additionally recall 6,434 Observe Aura autos in Japan attributable to a problem with the appropriate headlamp.

The automaker’s shares slipped 2.1 p.c in Tokyo buying and selling Friday, trimming their year-to-date acquire to 33 p.c. Japan’s markets are closed Monday for a public vacation.  

The Yomiuri newspaper reported earlier that Nissan has agreed to speculate about ¥100 billion ($720 million) in Renault SA’s electric-vehicle unit Ampere, as the 2 automakers rebalance their alliance.

Nissan’s retail unit gross sales climbed 19 p.c in Japan in April-June from a yr earlier and 33 p.c within the U.S. however fell 20 p.c in China attributable to a scaling-down of presidency incentives and the corporate’s growing older merchandise, Bloomberg Intelligence analyst Tatsuo Yoshida wrote in a word Monday.

Earlier in July, Honda Motor Co. recalled greater than 124,000 autos within the U.S. attributable to a doable brake challenge, whereas Toyota Motor Corp. recalled about 96,000 Corolla Cross autos within the U.S. final month.