Find or Sell Used Cars, Trucks, and SUVs in USA

2011 Nissan Maxima Sv Premium Nav Sunroof Sport Tech Pkg Rearcam 19"alloys Heatd on 2040-cars

US $22,980.00
Year:2011 Mileage:28303 Color: Color
Location:

Houston, Texas, United States

Houston, Texas, United States
Advertising:

2011 Nissan Maxima 3.5 SV SPORT PREM 4-Door Sedan
Exterior Color:     Satin White Pearl Interior Color:     Black Stock Number:807168
Mileage:28,303 Engine:V6 3.5L Fuel:Gasoline
Transmission:Automatic Warranty:As Is - No Warranty Title:Clear
VIN:1N4AA5AP4BC807168 CARFAX:CARFAX Buyback Guarantee
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 1 - Houston, TX 77031
2011 NISSAN MAXIMA SV PREMIUM TOP LOADED PEARL WHITE ! 
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Vehicle Description
Ultimate Motorsport Presents
 
2011 Nissan Maxima SV Premium
Sport   
 
NAVIGATION ! SUNROOF ! LEATHER !  ALLOYS ! PDC ! XENONS !
PREMIUM BOSE SOUND
COLD WEATHER PACKAGE !
REAR CAMERA !  SPOILER ! KEYLESS GO
 
 
1 OWNER CLEAN LOADED NISSAN MAXIMA SV PREMIUM WITH 28K ORIGINAL MILES !
 
CLEAN CARFAX NO ACCIDENTS
CLEAN AUTOCHECK NO ACCIDENTS
CLICK ON CARFAX OR AUTOCHECK LOGO ABOVE FOR FREE FULL REPORT !
 
THIS BEAUTIFUL MAXIMA COMES WITH FACTORY 60 MONTHS OR 60,000 MILES DRIVETRAIN WARRANTY FROM NISSAN USA !!
 
PEACE OF MIND ! BUY WITH CONFIDENCE !!
 
60+ PICTURES BELOW AFTER DESCRIPTION
 
THIS CAR IS LOADED WITH THESE OPTIONS:
NAVIGATION WITH VOICE COMMAND
SUNROOF WITH POWER SLIDING GLASS
TELESCOPING HEATED STEERING WHEEL WITH CONTROLS AND PADDLE SHIFTERS
CRUISE CONTROL
DUAL ZONE AC AND HEAT
ALARM SYSTEM WITH KEYLESS ENTRY
FULL LEATHER INTERIOR
HOMELINK
TINTED WINDOWS
PARK DISTANCE CONTROL
REAR CAMERA
REAR SPOILER
POWER HEATED LEATHER SEATS WITH MEMORY AND LUMBAR
XENON HEADLIGHTS
PREMIUM BOSE SOUND SYSTEM WITH CD CHANGER AM FM SAT RADIO WITH USB CONNECT
BLUETOOTH EQUIPPED
POWER WINDOWS AND MIRRORS
FOG LIGHTS
TRACTION CONTROL
PREMIUM ALLOY 19”  SPORTS GUNMETAL WHEELS
POWER LIFT GATE
SPORTS PACKAGE
KEYLESS START GO
 
 
MUCH MUCH MORE SEE IT TO BELIEVE IT !!!
 
Beautiful SATIN WHITE PEARL METALLIC on
BLACK LEATHER Interior!!
 
Low Buy It NOW or Make us an Offer NOW!!

100% Positive Feedback
OWN THIS BEAUTY at a Fraction of the
Original $ 37,000 Price!!!
COMPARE AT
KELLY BLUE BOOK $ 27,362
NADA RETAIL $ 26,075
OUR BUY IT NOW $ 22,980
WOW ! WHAT A DEAL  !!!
WONT LAST LONG AT THIS PRICE !!! CALL US TODAY AT
281-506-8808

If You are Looking for a NISSAN MAXIMA SV PREMIUM SPORT with all the options with LOW MILES, You Don't Have to Look any Further!!!
DON'T SLEEP ON THIS ONE!

NOTE: JUST LIKE ANY USED VEHICLE FEW VERY MINOR NICK NACKS DUE TO NORMAL WEAR AND TEAR AND ROAD DEBRIS.
REMEMBER: YOU ARE BUYING A TOP LOADED USED VEHICLE IN CLEAN CONDITION NOT A BRAND NEW ONE!

Bid with Excitement & Confidence!!!
Only at ULTIMATE MOTORSPORT !!
Good Luck & Happy Bidding!!!
FOR ANY QUESTIONS FEEL FREE TO CALL US AT
281-506-8808

So, If you are in the market for a LATE MODEL, VERY AFFORDABLE NISSAN MAXIMA SV PREMIUM SPORT, then you owe it to yourself to take a closer look

LOW BUY-IT-NOW or MAKE AN OFFER!!!
 
WE FINANCE ! APPLY ONLINE FOR AUTO LOANS AS LOW AS 2.99%

FOR ANY QUESTIONS OR CONCERNS FEEL FREE TO CONTACT @ (281) 506-8808
or email sales
 
DOOR TO DOOR SHIPPING AVAILABLE ASK FOR A QUOTE !
We Export For Canadian Customers
Email:
sales@ultimatems.com
Call
281-506-8808
Visit
10311 Altonbury Lane
Houston TX 77031
 
Additional Photos
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 2 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 3 - Houston, TX 77031
SPORTS PACKAGE ! PREMIUM PACKAGE !
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 4 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 5 - Houston, TX 77031
REAR SPOILER ! TECH PACKAGE !
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 6 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 7 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 8 - Houston, TX 77031
TINTED WINDOWS ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 9 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 10 - Houston, TX 77031
XENON HEADLIGHTS ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 11 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 12 - Houston, TX 77031
BEAUTIFUL INTERIOR ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 13 - Houston, TX 77031
POWER SLIDING SUNROOF ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 14 - Houston, TX 77031
FULL LEATHER SEATS ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 15 - Houston, TX 77031
SPORTS PACKAGE STEERING WHEEL WITH PADDLE SHIFTERS ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 16 - Houston, TX 77031
KEYLESS START GO ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 17 - Houston, TX 77031
HEATED STEERING WHEEL ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 18 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 19 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 20 - Houston, TX 77031
28K ORIGINAL MILES ! NISSAN WARRANTY ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 21 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 22 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 23 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 24 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 25 - Houston, TX 77031
VOICE NAVIGATION ! TECH PACKAGE ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 26 - Houston, TX 77031
REAR CAMERA ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 27 - Houston, TX 77031
BLUETOOTH EQUIPPED ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 28 - Houston, TX 77031
DUAL ZONE AC ! PREMIUM SOUND ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 29 - Houston, TX 77031
COLD WEATHER PACKAGE ! HEATED SEATS ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 30 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 31 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 32 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 33 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 34 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 35 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 36 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 37 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 38 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 39 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 40 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 41 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 42 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 43 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 44 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 45 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 46 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 47 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 48 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 49 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 50 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 51 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 52 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 53 - Houston, TX 77031
SPORTS ALLOYS 19" GUNMETAL WHEELS ! 
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 54 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 55 - Houston, TX 77031
2011 Nissan Maxima 3.5 SV SPORT PREM - Photo 56 - Houston, TX 77031
Contact Information
Name: Sales Department Main Phone: (281) 506-8808 Alt. Phone: (281) 657-7293
Vehicle Features & Options
Standard Features
Appearance /
  Exterior:
  • Body-Color Bumper Color
  • Chrome Door Handle Color
  • Chrome Exhaust Tip Color
  • Dual Exhaust Tips Exhaust
  • Accent Color Grille Color
  • Body-Color Mirror Color
Appearance /
  Interior:
  • 15.2 Steering Ratio
  • 2.6 Turns Lock-To-Lock
Comfort:
  • Height Adjustable Adjustable Rear Headrests
  • Air Filtration
  • Cargo Area Light
  • Aluminum Door Sill Trim
  • Dual Front Air Conditioning Zones
  • Height Adjustable Front Headrests
  • 2 Number of Front Headrests
  • 2 Number of Rear Headrests
  • Front and Rear Reading Lights
  • Leather Shift Knob Trim
  • Leather Steering Wheel Trim
Convenience:
  • Front and Rear Assist Handle
  • Front Bottle Holders
  • Dual Level
  • Cruise Control
  • Front and Rear Cupholders
  • Light Glove Compartment
  • Lockable Glove Compartment
  • Push-Button Start Keyless Ignition
  • Hands-Free Multi-Function Remote With Keyless Ignition Multi-Function Remote
  • With Sunglass Holder Overhead Console
  • Two 12V Power Outlet(s)
  • Speed-Proportional Power Steering
  • Remote Trunk Release
  • Retained Accessory Power
  • Steering Wheel Mounted Audio and Cruise Controls Controls
  • Tilt and Telescopic Steering Wheel
  • Cargo Tie-Down Anchors and Hooks
  • Front Seatback
Drivetrain /
  Suspension:
  • 4-Wheel ABS
  • 5.17 Axle Ratio
  • Braking Assist
  • Electronic Brakeforce Distribution
  • 12.6 Front Brake Diameter
  • 1.1 Front Brake Width
  • Ventilated Disc Front Brakes
  • Diameter 25.4 Mm Front Stabilizer Bar
  • Front Strut Tower Bar
  • Independent Front Suspension
  • Strut Front Suspension
  • 12.13 Rear Brake Diameter
  • .63 Rear Brake Width
  • Ventilated Disc Rear Brakes
  • Diameter 21 Mm Rear Stabilizer Bar
  • Independent Rear Suspension
  • Multi-Link Rear Suspension
  • Stability Control
  • Traction Control
Entertainment /
  Telematics:
  • Diversity Antenna
  • Element Antenna
  • Jack Auxiliary Audio Input
  • External Temperature Display
  • Hands-Free Communication System
  • 6 Disc In-Dash CD
  • CD MP3 Playback MP3 Player
  • Bluetooth Phone Wireless Data Link
  • AM/FM Radio
  • Tachometer
  • Trip Computer
  • Lamp Failure, Low Fuel, Engine Oil, Coolant Warnings and Reminders
Exterior:
  • Ambient Lighting
  • Footwell Lights
  • Auto On/Off Headlights
  • Halogen Headlights
  • Led Tail and Brake Lights
Rims / Tires:
  • Inside Mount Location
  • Aluminum Rim
  • Temporary Tires
  • Steel Spare Wheel Rim
  • Tire Pressure Monitoring System
  • All Season Tires
  • 10 Wheel Spokes
Roof / Glass:
  • Speed Sensitive Front Wipers
  • Variable Intermittent Front Wipers
  • Lockout Button
  • Anti-Trapping Feature Moonroof
  • One-Touch Open/Close Moonroof
  • Power Glass Moonroof
  • Sliding Sunshade Moonroof
  • Tilt Moonroof
  • 2 One-Touch Windows
  • Remote Operation Power Windows
  • With Safety Reverse Power Windows
  • Rear Defogger
  • Solar-Tinted Glass
Safety:
  • Remote 2-Stage Unlocking
  • With Engine Immobilizer Anti-Theft Alarm System
  • Side Impact Door Beams Body Side Reinforcements
  • Child Safety Locks
  • Latch System Child Seat Anchors
  • Front and Rear Crumple Zones
  • Emergency Interior Trunk Release
  • Energy Absorbing Steering Column
  • Power Exterior Mirrors
  • Dual Front Airbags
  • Hood Buckling Creases
  • Auto-Dimming Inside Rearview Mirror
  • Occupant Sensing Passenger Airbag Deactivation
  • Anti-Lockout Feature Power Door Locks
  • Speed Sensitive Central Locking Power Door Locks
  • Front Side Airbags
  • Front and Rear Side Curtain Airbags
  • Dual Illuminating With Sliding Extensions Vanity Mirrors
Seating:
  • Active Head Restraint
  • Folding Center Armrest
  • Front and Rear Emergency Locking Retractors
  • Split Folding Folding
  • Bucket Front Seats
  • 3-Point Front Seatbelts
  • Height Adjustable
  • 4 Power Adjustments
  • 8 Power Adjustments
  • Rear Heat Vents
  • Front Seatbelt Force Limiters
  • Front Seatbelt Pretensioners
  • 3-Point Second Row Seatbelts
  • 60-40 Split Bench Seating

Installed Options
Appearance /
  Exterior:
  • Splash Guards
    Package:
    • Lighting Package
      Safety:
      • Security Package
        View our eBay Feedback:

        eBay Motors
        ultimate_motorsport_inc
        Financing Information
        We Finance ! Rates a slow as 2.99% with Approved credit
        Fill out our credit app today by clicking the link above !
        Shipping Information
        WE SHIP AND EXPORT WORLDWIDE
        GREAT LOW NATIONWIDE US SHIPPING RATES !!
        Canadian Customers Welcome
        Email us your zip code for Special Shipping Rates !
        email sales@ultimatems.com
        If Outside US or Canada email us your Port City and Country
        for a quote !
        Dealership Information
        Ultimate Motorsports
        Main Phone:(281) 506-8808
        Alt. Phone:(281) 657-7293
        Email:sales@ultimatems.com
        Business Hours:
        Weekdays:9:00 AM to 7:00 PM
        Saturday:10 TO 5PM
        Sunday:CLOSED
        Location:
        10311 Altonbury Lane
        Houston, TX 77031
        Map of Ultimate Motorsports at 10311 Altonbury Lane, Houston, TX 77031
        Terms of Sale
        Standard Terms & conditions
         

        PLEASE READ CAREFULLY! BY SUBMITTING A BID, MAKING AN OFFER OR CLICKING THE BUY IT NOW YOU ARE AGREEING TO THE FOLLOWING TERMS AND CONDITIONS.

        Fee and Tax Information: All Texas residents will pay 6.25% state sales tax and $ 133 Title Fee. This only applies to Texas Residents ONLY! Out of State customer only pay :

        All sales are subject to Texas V.I.T. tax based at a rate of .002834% of purchase price and $395.00 Processing fee.

        PAYPAL IS FOR DEPOSITS ONLY. WE DO NOT ACCEPT FULL PAYMENTS THOUGH THE PAYPAL.

        FINANCING IS AVAILABLE WITH APPROVED CREDIT (WAC) ONLY ! ALL BUY IT NOW PRICES LISTED ARE FOR CASH BUYERS OR IF CUSTOMERS ARRANGE THEIR OWN FINANCING !!!

        IF YOU CHOOSE TO CLICK THE BUY IT NOW OPTION YOU ARE REQUIRED TO PICK UP THE VEHICLE LOCALLY AND ADDRESS ANY ISSUES BEFORE THE VEHICLE LEAVES THE LOT.

        Please contact SALES@ultimatems.com or 281-657-7293
        Winning bidder must contact us within 24 hours of auction end, and make arrangements for payment at that time. A $500.00 NON REFUNDABLE deposit is due within 24 hours of end of auction. The remainder is due within 7 days of Auction end. If no contact is made within 24 hours we reserve the right to re-list the vehicle, sell it to the next high bidder, or sell it otherwise.  Most banks and credit unions do not finance vehicles older than 2002 or with more than 100K miles. Make sure if financing, your financial institution accepts the year and miles of this vehicle before bidding. Please arrange financing prior to bidding.
        Buyer is responsible for pickup or shipping of this vehicle. If you wish to have it shipped using a service, we will gladly cooperate, you can locate shippers by doing a search for `auto shippers`.
        If you are not sure about something, Please ASK. Do not assume anything not listed is included. We reserve the right to cancel bids for excessive negative feedback. We reserve the right to end the listing if the vehicle is no longer available for sale.
        Please do not bid on this auction unless you are serious about owning this vehicle.  All non-paying high bidders will be reported to Ebay, and negative feedback posted.
        PLEASE ONLY BID WHAT YOU ARE WILLING TO PAY.  IF THE RESERVE IS NOT MET, WE MAY CONTACT THE HIGH BIDDER TO OFFER THE SECOND CHANCE OPTION.
        By placing a bid on this vehicle you are entering into a legal and binding contract to purchase the above-described vehicle. We reserve the right to cancel all existing bids and end the auction early should the item no longer be available for sale.
        By bidding and buying this auction, you enter a contract that you have read and understood all the terms and conditions of this auction. 
        We reserve the rights to sell the car outside the ebay auctions. We reserve the right to end the auction anytime. We reserve the right to cancel any bid from any bidder. 
        This vehicle is being sold as is, where it is with no warranty, expressed written or implied. In either case, The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgment solely. The seller shall and will make reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.
        Please understand that the vehicles are Pre-Owned vehicles and at times, the vehicles may come without accessories such as extra keys, cd magazines, navigation discs, floormats, tools, and owner's manuals. Please call for the exact accessories included for the vehicle. 
        Buyer's are responsible for shipping costs.
        All bidders should have all questions answered and loans pre-approved before bidding. Please note that Non paying buyers would be handled by our attorney. Remember buying a car on eBay is legal binding contract.

        All vehicles are sold "AS IS". This is in full accordance with the laws of the State of TEXAS regarding motor vehicle sales. You the buyer/bidder must have a complete understanding that this vehicle is used and we do not know the complete history of this vehicle. We are presenting this vehicle to the best of our knowledge. The accuracy of our description is based on any and all information that we were able to obtain concerning this vehicle either by records, previous owners statements, or other statements if any made by the persons who sold or traded in this vehicle. We ULTIMATE MOTORSPORT Inc or any of its employees or agents will not be held responsible. All buyers are responsible for having an independent inspection completed on their vehicle of inetrest prior to sale or close of auction. You are welcome to fly in or schedule a inspection with several companies in Houston area to have a car professionally inspected.

        WE ARE NOT RESPONSIBLE FOR ANY REPAIRS OR INSPECTIONS PRIOR OR AFTER THE SALE OF AN AUTOMOBILE. ALL VEHICLES SOLD AS IS WHERE IS !!

        WE WELCOME INSPECTIONS BUT PLEASE DO INSPECTIONS BEFORE THE SALE IS CONFIRMED ! 

        This Agreement will be governed the laws of the State of Texas (without regard to principals of conflict of laws). Any claims arising out of or related to this Agreement or the Goods shall be brought exclusively in Harris County, Texas. Bidder submits to the jurisdiction of all such courts. BIDDER AND SELLER HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION TO ENFORCE, DEFEND, CONSTRUE OR OTHERWISE CONCERNING THIS AGREEMENT OR THE GOODS. If it is necessary for bidder to commence litigation to enforce any portion of this Agreement, Seller will be entitled to recover from Bidder its reasonable attorneys’ fees and costs, including the reasonable fees of in-house counsel.

        Auction Views:  

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        Auto blog

        Nissan to pull out of venture fund with Renault in cost-cutting drive, insiders say

        Tue, Mar 10 2020

        TOKYO — Nissan is likely to pull out from a venture capital fund it runs with alliance partners Renault and Mitsubishi Motors, as part of the Japanese automaker's drive to cut costs and conserve cash, two sources said. Nissan will formally take a decision on whether to leave the fund, Alliance Ventures, by the end of this month, the two Nissan insiders told Reuters, declining to be identified because the information has not been made public. The likely move comes after Nissan's junior partner, Mitsubishi Motors Corp, told an alliance meeting last week that it would no longer continue to inject money into the fund, one of the sources said. The decision to leave the Amsterdam-based fund was all but a done deal, the other source said, adding: "Of course we're out. The house is on fire." A Nissan spokeswoman said it was speculation and declined to comment. A Mitsubishi spokesman said no decision had been made. The move comes as Nissan — which has seen its earnings slump — is now facing a downturn in China, its biggest market, due to the impact of the coronavirus outbreak. China sales plunged 80% last month. It also highlights the extent of the automaker's cost-cutting under new CEO Makoto Uchida, who is under pressure for a quick turnaround. Alliance Ventures is aimed at finding "learning opportunities" for the alliance through investing in startups, and is supposed get up to $200 million (153.3 million pounds) a year from the three alliance partners, although it never achieves that full amount, the first source said. It was set up under former alliance head Carlos Ghosn, whose dramatic arrest in Japan culminated in an escape to his childhood home of Lebanon in December. Ghosn faces multiple charges in Japan, including of under-reporting earnings and misappropriation of company funds, all of which he denies. According to its website, the fund was set up with a $200 million initial investment and aims for up to $1 billion by 2023. Portfolio companies include WeRide, a Chinese robo-taxi startup and Tekion Corp, a cloud-based retail platform for cars. "It wasn't established by Ghosn as a way to make money. It was for those learning opportunities we get from investing in smart startups," the first source said. "But given the tough financial situation we are facing, we are looking at investment return." Reporting by Norihiko Shirouzu; Editing by David Dolan/Louise Heavens/Susan Fenton.

        Nissan to pursue FWD Nurburgring lap record with Pulsar Nismo

        Thu, 31 Jul 2014

        Europeans get very serious about their hot hatches. So do the Japanese. In fact there's been a whole back-and-forth lately over who makes the fastest one, and now Nissan looks set to throw its racing hat into the 'Ring.
        That would be the Nürburgring, of course, where automakers trade bragging rights like baseball cards - only they don't give them up willingly. Renault set the front-drive lap record in 2008 with the previous Mégane R26.R then set the bar even higher with the Mégane RS 265 Trophy. That was before Seat stole the honors with its Leon Cupra 280, only for Renault to take them back again with the Mégane RS 275 Trophy-R. Seat is rumored to be considering a renewed assault, but it won't be the only one nipping at Renaultsport's heels in the coming years.
        Honda, for its part, has made no secret of its ambition to set the record with the upcoming Civic Type R, and now word has it that Nissan is planning an assault of its own. Its weapon of choice would be an upcoming Nismo version of the new Pulsar hatchback which is just hitting the European market now as a rival to the Ford Focus, Volkswagen Golf, et al. There's no word on what its specs would be, but if it's going to challenge these players, it's going to need between 270 and 300 horsepower, a stiff suspension, big brakes and probably some sort of trick differential.

        Nissan's Taxi of Tomorrow shut down by NYC courts [UPDATE]

        Tue, 08 Oct 2013

        Justice Schlomo Hagler may have just put a big dent in Nissan's plans to rule New York City's taxi fleets and outgoing Mayor Mike Bloomberg's vision of a unified fleet of yellow cabs.
        As an October 28 deadline approached that would see all current, non-hybrid taxis replaced over by the Nissan NV200 over a three-to-five-year span, the legal battle that's enveloped the Taxi of Tomorrow program from the start has intensified. In a lawsuit, the Greater New York Taxi Association claims New York's Taxi and Limousine Commission overstepped its powers in mandating that taxi fleets are refitted with the NV200, according to the New York Daily News. This isn't the first time the courts have sided with the cabbies in the ToT debate.
        Justice Hagler agreed with the cabbies, striking down the Taxi of Tomorrow purchasing requirements, and saying, "Simply stated, the power to contract and compel medallion owners to purchase the Nissan NV200 from Nissan for ten years does not exist in the City Charter," according to The Wall Street Journal.