2013 Nissan Gtr Black Edition 6k Miles 1 Owner All Stock! on 2040-cars

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Automakers Renault, Nissan will become equals, with equal stakes in each other

TOKYO — Nissan and Renault have agreed to equalize the stakes they hold in each other, both sides said Monday, ironing out a source of conflict in the Japan-French auto alliance. Up to now, Renault Group has held a 43.4% stake in Nissan Motor Co., potentially giving it a larger say in how the Japanese automaker is run. It will transfer shares equivalent to a 28.4% stake to a French trust so each side will hold the same 15% stake in the other, according to the companies. The disparity between the holdings was a cause of friction, especially after Nissan became far more profitable than Renault. The agreement on the change is still being finalized and needs board approval from both companies. The companies said the shares in the French trust can eventually be sold but did not say to whom or how. They said the sale will be carried out in a “coordinated and orderly process” if a deal makes commercial sense to Renault Group, and that there is no time deadline. Until then, the voting rights would be “neutralized” for most managerial decisions, but the economic rights, such as dividends, will continue to go to Renault, the companies said. The top shareholder in Renault is the French government. Japanese Prime Minister Fumio Kishida met with French President Emmanuel Macron earlier this month. The alliance has had its ups and downs since it began in 1999, when Renault sent one of its executives, Carlos Ghosn, to then-struggling Nissan to lead a turnaround. Ghosn first served as Nissan's chief executive and later its chairman before he was arrested in late 2018 on various financial misconduct charges. The alliance, which also includes smaller Japanese automaker Mitsubishi Motor Corp. and remains one of the world's top auto groups, has been eager to put the Ghosn scandal behind it. Allegations against Ghosn include underreporting income, using investment funds for personal gain and illicit use of company expenses, including overseas homes and a yacht. Ghosn said he is innocent of all charges. He jumped bail in late 2019 and is now in Lebanon, which has no extradition treaty with Japan. The equalization of the crossholdings has been speculated about for some time. The companies called the move “an important milestone.” “The ambition is to strengthen the ties of the alliance and maximize value creation for all stakeholders,” said Nissan, based in the port city of Yokohama.

2013 Nissan Pathfinder: May 2013

Despite the snow-capped photos you see here, our long-term Pathfinder has been the subject of some proper pre-summer lovin' here in metro Detroit (we're working on a new gallery). Now that the warm weather has hit Michigan, many of our staffers have eagerly grabbed the keys to our big, brown Nissan for road trips all over the place. And the Pathfinder has indeed proven itself to be quite the worthy long-distance hauler, as editors John Neff and Seyth Miersma have already experienced.
This time around, a couple of our colleagues from AOL Autos put hundreds of miles on our trusty Nissan. And while everyone agrees that the Pathfinder is a solid vehicle for the task of road tripping, there are a couple of specific pros and cons that have been mentioned on several occasions.

Who knew a 1,200-hp GT-R could be so lovely?

The proliferation of 4K cameras and displays is bringing the world some utterly fantastic automotive videos. If you like seeing Jeff Zwart powering up the Pikes Peak course in high-def glory but wish for some hugely powered Nissan GT-Rs in place of the turbocharged Porsche, then this clip shouldn't be missed. Japanese magazine Motorhead brought together a 1,200-horsepower, HKS-tuned R35 GT1000 and an earlier R32 GT-R Group A racer to send them through a tight, mountain road. The clip uses an augmented reality aesthetic to place little pieces of info about the car, driver, and emotions over the scenes, while the coupes are blasting through the forest. The real highlight here is the cinematography and sound. Turn up your speakers to get an earful of the GT-R's gasoline-fueled heart. The cameras mounted on driver Nobuteru Taniguchi turn the world outside the car into an impressionistic blur of green as the trees smear together at such high speeds. The combination of sight and sound offers a fantastic sense of speed. The only, tiny problem with this clip is that the preamble before the coupes thunder off is just a bit too long. If you need an extra minute in your day, skip straight to 1:15 to get immediately to the action. Although, missing the beginning means not seeing an inky black GT-R driving through the Japanese night. According to Speedhunters, the video is meant to promote the theme for Motorhead's latest issue – Japan Tuned. The magazine apparently comes even more video of the two cars playing on the mountain.