2011 Nissan Altima 2.5 on 2040-cars
10381 Evendale Dr, Cincinnati, Ohio, United States
Engine:2.5L I4 16V MPFI DOHC
Transmission:Automatic CVT
VIN (Vehicle Identification Number): 1N4AL2AP2BC175442
Stock Num: 953497
Make: Nissan
Model: Altima 2.5
Year: 2011
Exterior Color: Winter Frost Pearl
Interior Color: Frost
Options: Drive Type: FWD
Number of Doors: 4 Doors
Mileage: 90066
ABS brakes, CAR FAX CERTIFIED... NO ACCIDENTS!!, Electronic Stability Control, Illuminated entry, Low tire pressure warning, Remote keyless entry, and Traction control. This 2011 Altima is for Nissan lovers looking everywhere for that perfect car. Motor Trend Ultimate Guide calls Altima a mainstream player with a dose of sport. Normally the lower trims on a car in this segment means missing out on a lot of items you may take for granted, but not so on this 2011 Altima 2.5 S series. Along with a freshening of the styling last year, Nissan also added their Vehicle Dynamic Control/Traction Control System as standard equipment. Combine that with the comfort of air conditioning, the convenience of power windows/locks/mirrors, the safety of 4-Wheel Antilock Brakes and Nissan's Advanced Airbag System (AABS) with 6 airbags (front, side, and curtain), and the neato-factor of a remote-entry 'Intelligent Key' with a pushbutton start feature and you have an amazing amount of car for the money.
Call 866-787-4279 to check on the availability of this vehicle or Shop Online 24/7 @ www.MikeAlbertCars.com 'We'll buy your vehicle even if you don't buy ours' -MikE. No Mystery, Know History. Call or email Brook Walther with any questions. 866-787-4279 bwalther@mikealbert.com
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Nissan posts $6.2 billion annual loss and unveils plan to cut costs
Thu, May 28 2020TOKYO — Nissan outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years. Under a new four-year plan, the Japanese manufacturer will slash its production capacity and model range by about a fifth to help cut 300 billion yen from fixed costs. It will shut plants in Spain and Indonesia, leave the South Korean market and pull its Datsun brand from Russia as part of a strategy unveiled on Wednesday to share production globally with its partners Renault and Mitsubishi. "I will make every effort to return Nissan to a growth path," Nissan Chief Executive Makoto Uchida said, adding that the company had learned from its past mistakes of chasing global market share at all costs. "We must admit failures and take corrective actions," he said, adding that starting with top-level managers, the company had to break its inward-looking culture which in the past has stymied efforts to deepen cooperation with France's Renault. Uchida said improving the company's cash flow was its biggest challenge. He reiterated that Nissan's cash liquidity was good even though it had negative free cash flow of 641 billion yen in the year ended in March. Nissan declined to give any forecasts for its current financial year which started in April due to the uncertainty created by the coronavirus pandemic. It also declined to give details on how many jobs it was cutting. In what is Nissan's second recovery plan in less than a year, Uchida pledged a return to profitability with a core operating profit margin above 5% and a sustainable global market share of 6%. Nissan posted an annual operating loss of 40.5 billion yen for the year to March 31, its worst performance since 2008/09. Its operating profit margin was -0.4%. The automaker said on Thursday that it sold 4.9 million vehicles last year, up from an earlier estimate of 4.8 million. That was still the second decline in a row and a fall of 11% from the previous period but meant Nissan clung on to its position as Japan's second biggest carmaker, just ahead of Honda and a long way behind Toyota. Pandemic pressure Even before the spread of the novel coronavirus, Nissan's slumping profits had forced it to row back on an aggressive expansion plan pursued by ousted leader Carlos Ghosn. The pandemic has only piled on the urgency to downsize.
Nissan's plan to supply US Mitsubishi dealers with family sedan stalls
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Nissan officials answer to angry shareholders on red ink, Ghosn scandal
Mon, Jun 29 2020Smoke engulfs the Nissan logo as workers burn tires during a protest in Barcelona, Spain, where the automaker is closing its plant, costing 3,000 direct jobs. (AP/Emilio Morenatti)   TOKYO — Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology. “We will tackle these challenges without compromise,” he said at a live-streamed meeting. “I promise to bring Nissan back on a growth track.” Executives for the company also blasted suggestions in media reports of a conspiracy within the company to oust Carlos Ghosn. The former chairman's 2018 arrest in Japan on financial misconduct charges has led to much speculation that the move was orchestrated by Nissan executives who opposed closer ties with partner Renault. “I know that in books and the media there has been talk about a conspiracy, but there are no facts whatsoever to support this,” Motoo Nagai, chairman of NissanÂ’s auditing committee, told shareholders at the companyÂ’s annual general meeting. Responding to demands from a shareholder to address the speculation, Nagai argued that the investigation into Ghosn was conducted both internally and by outside law firms. All the worldÂ’s automakers have been hurt by nose-diving sales caused by the coronavirus pandemic. But the problems are especially serious for Nissan, which already was fighting to salvage its reputation after the financial misconduct scandal of former star executive Ghosn. Nissan, based in Yokohama, Japan, sank into its first annual loss in 11 years, reporting a 671.2 billion yen ($6.3 billion) loss for the fiscal year that ended in March. It has not given a projection for this fiscal year, citing uncertainties over the virus outbreak. One angry shareholder got up and said executives should give up more of their pay since investors were getting zero dividends. Another said Nissan needed to do more to strengthen its governance, arguing things have been getting worse, not better, since the departure of Ghosn.


























