2008 Nissan Altima 2.5 S Coupe Auto Sunroof Alloys 37k Texas Direct Auto on 2040-cars

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Renault-Nissan alliance reboot will kick off with five projects

Renault SA and Nissan Motor Co. are moving ahead with a plan to recalibrate a two-decades-old alliance that had weakened over time, starting with a range of industrial projects alongside an agreement to rebalance capital ties, according to people familiar with the situation. Top executives from the alliance partners held an operating board meeting on Thursday, giving a nod to bringing Nissan and Renault’s cross shareholdings to an equal level, as well as common projects as part of the reshaped cooperation, the people said. The partners also agreed on an alliance event to be held on Feb. 6 in London to present details of the plans, the people added, declining to be named discussing details before they are public. Under the landmark plan, Renault is expected to cut its 43% stake in Nissan to 15% via an orderly disposal of shares over time to eliminate lopsided capital ties that have been a source of friction for years. The tentative agreement comes after years of tension that at one point spilled over into Japanese-French politics when Renault-NissanÂ’s then-leader Carlos Ghosn weighed to merge the two companies.   The partners also agreed to continue collaborating on various industrial projects, a condition that was crucial for Renault to obtain approval for the rebalancing from its most powerful shareholder, the French government. Media representatives for Renault and Nissan declined to comment. The boards of directors of the respective companies will have to approve the agreement in meetings to be held in coming days, the people said.  Code name: ‘ReloadedÂ’ The redesigned alliance will allow Chief Executive Officer Luca de Meo to move on with a complex split of Renault into five separate businesses, including carved-out electric-vehicle business Ampere and to deepen ties with a series of other partners, including ChinaÂ’s Zhejiang Geely Holding Co. and Qualcomm Inc., the people said. “The interest for each of the partners is now to be able to move forward without, for example, RenaultÂ’s management getting distracted in endless trans-national politics,” says Stifel analyst Pierre-Yves Quemener. Failure of the talks would have been “a negative,” Quemener said.  Renault, Nissan and junior partner Mitsubishi Motors Corp. will embark on roughly five projects initially, codenamed “Reloaded,” with others to follow, the people said.

Recharge Wrap-up: Aoxin Ibis could be Tesla competitor in China, Nissan Qashqai ZEOD due this year

Zero Motorcycles is expanding its North American dealer network. With more retailers selling the electric motorcycles, Zero has added three new regional sales directors. "We are enjoying a great response to our 2015 line of motorcycles and accessories, and it's driving accelerated growth," says Zero's Mike Cunningham. "To support and sustain this momentum, we are investing in a bigger, stronger team and partnering with leading motorcycle retailers." More sellers are getting on board as electric motorcycles appear more and more viable, and they're finding it's bringing in a new set of enthusiastic customers. Zero recently revamped its production process to meet the expected increase in demand for 2015. Read more in the press release, below. Chinese automaker Aoxin New Energy, has built an electric car that is set to compete with the Tesla Model S. The aluminum and carbon fiber Aaoxin Ibis (pictured) is longer than the Model S, but weighs less than the Tesla at 4,034 pounds. It offers 181 horsepower and has a top speed of only 94 miles per hour, but it boasts a driving range of about 285 miles per charge. Its upscale interior borrows its looks from the Tesla, with its digital gauges and large, central touchscreen. Read more at Car News China, or at Green Car Reports. Nissan will likely debut a Qashqai ZEOD concept later this year. The plug-in hybrid version of the compact crossover borrows its ZEOD moniker - which stands for Zero Emissions On Demand - from Nissan's hybrid Le Mans racer. It's possible it will borrow its powertrain technology from the Renault Eolab Concept, which could mean a 1.0-liter engine paired with an electric motor. Based on the success of the Qashqai in Europe, it's not unlikely that the plug-in version will debut there (Green Car Reports is betting on Frankfurt). Read more at Green Car Reports. Zero Motorcycles Expands North American Network Strong Demand Fuels Double-Digit Dealer Growth and Additions to Sales Team SANTA CRUZ, Calif., March 11, 2015 /PRNewswire/ -- Zero Motorcycles, the global leader in the electric motorcycle industry, announced today that three new regional sales directors have been added to the company's roster in the first quarter of 2015. The expansion of the sales team comes in response to rapid growth within the dealer network and reflects Zero's commitment to delivering world-class products and service.

Autoblog Podcast #317

Mitsubishi Mirage, Toyota thinks of beefing up US production, Marchionne on Alfa, Dart and minivans, Ford Atlas concept, Honda Gear concept
Episode #317 of the Autoblog Podcast is here, and this week, Dan Roth, Jeff Ross and Michael Harley bookend the other podcast topics with a pair from the Montreal Auto Show, the Mitsubishi Mirage and Honda Gear concept, and in between we talk about Toyota building all its US-market cars stateside, Hyundai building a Nurburgring test facility, Sergio Marchionne's latest words about Alfa Romeo, Dodge Dart powertrains and the future of Chrysler vans. Some chatter about the Ford Atlas concept finishes up the meat of the 'cast and then we wrap with your questions. For those of you who hung with us live on our UStream channel, thanks for taking the time. Keep reading for our Q&A module for you to scroll through and follow along, too. Thanks for listening!
Autoblog Podcast #317: