2014 Nissan Altima 2.5 Sv on 2040-cars

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Japanese automakers welcome North American trade deal, fear what's next

TOKYO — Toyota, Nissan and Mazda welcomed on Tuesday the revised North America trade deal that left Japanese automakers unscathed, but they may face a bumpy ride when Washington and Tokyo hold new talks on over $40 billion of annual U.S. auto imports from Japan. The United States and Canada reached an agreement on Sunday to update the 1994 North American Free Trade Agreement after Washington had forged a separate trade deal with Mexico in August. The updated deal effectively maintains the auto industry's current footprint in North America, and spares Canada and Mexico from the prospect of U.S. national security tariffs on their vehicles. Mazda, which ships cars to the United States from Mexico and Japan, called the deal a "big step forward". Nissan, which makes the cars it sells in the United States locally as well as in Mexico, Japan and other countries, said it was "encouraged" by the agreement. Toyota, Japan's biggest automaker, said it was "pleased" that a basic deal was reached. Other automakers were not immediately available for comment. While the deal has removed the risk that the disintegration of the pact would have posed to automakers, bigger risks loom large for Japanese firms as a chunk of the roughly 7 million cars they sold in the U.S. last year were shipped from Japan, and a trade deal between Washington and Tokyo has yet to be agreed. The United States and Japan last week agreed to begin fresh trade talks, with U.S. President Donald Trump seeking to address Japan's $69 billion trade surplus, of which nearly two-thirds comes from auto exports. Washington is also investigating the possibility of slapping 25 percent tariffs on auto imports on national security grounds, although it has agreed with Japan to put any new tariffs on hold during the talks. Analysts say the United States may take a tougher stance on auto imports from Japan than from its neighbors. "If Japan requests an exemption from the 25 percent tariffs under consideration, Washington could propose a more strict cap on imports than it agreed to with Mexico and Canada," said Koji Endo, senior analyst at SBI Securities. "That would be a risk." This could be a big blow to Japan, as the United States is a key source of revenue for Japanese automakers including Toyota, Nissan and Honda. The U.S. market accounts for a quarter or more of their annual global vehicle sales, and of their total U.S.

Nissan goes retro with Bathurst racing livery [w/video]

At the Bathurst 1000 next month, the #23 Nissan Altima V8 Supercar will wear this throwback red, white, and blue color scheme. And as you might have guessed, the team didn't pull it out of thin air. It's derived from the colors worn by the Skyline that Jim Richards drove in the 1990 Australian Touring Car Championship – the precursor of today's V8 Supercars series. In that historic season, four-time ATCC champ Richards won two rounds in the Skyline H31 GTS-R before switching to the newer R32 GT-R and winning one more. Those three checkered flags helped Richards score his third title, and the first of three that Nissan would go on to win in the series. Richards kept that H31 and still brings it to historic racing events with what he remembers as his favorite racing livery. If there's anything we love more than old racing liveries, it's when automakers and racing teams bring them back. Whether it's the Gulf livery sported by Aston Martin at Le Mans, the Martini stripes worn by Williams in F1, or the throwback liveries Toyota recently cooked up for the GT86 (aka Scion FR-S). Nissan's done some of its own retro racing liveries as well, like the one the GT-R LM Nismo wore recently, or this one done up Down Under. Watch and listen to Nissan's Michael Caruso talk to Richards about it in the video below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Nissan to celebrate 25 years since first Australian Touring Car championship title at 2015 Bathurst 1000 - #23 NISMO Nissan Altima V8 Supercar to race in colors of Jim Richards' 1990ATCC-winning Nissan Skyline HR31 at 2015 Bathurst 1000 on October 8 to 112015 MELBOURNE, Australia – Nissan will celebrate its first Australian Touring Car Championship (ATCC) title by running a spectacular retro livery on its #23 Nissan Altima V8 Supercar at this year's Bathurst 1000 at Mount Panorama from October 8 to 11 in Bathurst, Australia. The #23 NISMO Nissan Altima V8 of Michael Caruso and Dean Fiore will race in the same colors as the 1990 Nissan Skyline HR31, 25 years after Jim Richards used the Skyline to win the 1990 championship. Richards raced the Skyline in six of the eight rounds of the 1990 ATCC. Richards switched to the new Nissan GT-R R32 for the final two rounds of the1990 championship, but crucially, two of his three round wins that year were with the Skyline HR31.

Internal Nissan emails reportedly corroborate Ghosn's claim of a setup

An internal email trail reportedly supports former boss Carlos Ghosn's claim that Nissan orchestrated his ouster. The leaked emails have been corroborated by sources familiar with their contents, Bloomberg reports.  Emails going back to February 2018, a year before his arrest, allegedly describe a deliberate and multi-pronged effort — a "methodical campaign," Bloomberg said — to remove Ghosn from the company and in so doing, put Nissan in position to negotiate a more favorable relationship with alliance partner Renault.  The initial effort was apparently triggered by Ghosn's announcement in 2018 that he wanted to further intertwine Renault and Nissan, eventually to the point where their integration would be irreversible. Former Ghosn aide Hari Nada, who would appear as the whistleblower figure who outed Ghosn for his alleged financial misconduct, allegedly suggested to a Nissan senior manager that company executives should move to "neutralize his initiatives before itÂ’s too late." Nada would later recommend the termination of the agreement governing the Renault-Nissan Alliance. This would have granted Nissan broader freedom to purchase stake in Renault (or even ultimately take it over entirely), and reduce the French automaker's influence over Nissan's ability to choose its own executives.  The next day, Ghosn was arrested at Haneda Airport in Tokyo on charges of financial misconduct, including personal use of company money and under-reporting of income.  Ghosn, who was released and re-arrested multiple times, fled Japan illegally in January, taking refuge in his former home of Lebanon. Since, Japanese authorities have pushed for his arrest but have been foiled by the lack of an extradition agreement between the two countries.       Government/Legal Rumormill Nissan Renault