2011 Mitsubishi Eclipse $ 11000 on 2040-cars

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Ghosn: Nissan, Renault going for 'mini alliance' with 'reduced scope'

TOKYO — Former Nissan chairman Carlos Ghosn said on Tuesday during a news conference at the Foreign CorrespondentsÂ’ Club of Japan in Tokyo that the Japanese automaker and Renault are trying to go for less cooperation between them with a deal to overhaul their long-standing alliance. "With the latest agreement, they're trying to go for a mini alliance with a very reduced scope of cooperation," Ghosn told reporters in Tokyo via video stream. Nissan and Renault are holding discussions about a final agreement to overhaul their alliance, after announcing in January that the deal will see Renault bring down its stake in Nissan to 15% from about 43% to put them on an equal level. Earlier this year, Ghosn filed a lawsuit against Nissan and a handful of individuals seeking $588 million in lost remuneration, and a further $500 million in moral damages. “Nissan will have to pay for what they did to me and my family,” Ghosn said. “Nissan created a lot of damage Â… damage that can not be repaired.” “What IÂ’m looking for is not revenge,” Ghosn added. “I just want to make sure that all the criminals and the plotters cannot sleep quietly in their beds after what they have committed.” Material from Reuters was used in this report. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Junkyard Gem: 1998 Mitsubishi Eclipse with Lambo Doors

Front-wheel-drive sporty cars with wild body kits and eye-searing graphics became increasingly popular in North America during the 1990s, but it took the enormous mainstream success of the first Fast and Furious movie in 2001 to place bewinged sport compacts with giant tailpipes in every town from Nome to Naples. No doubt due to the narrative-enhancing role of the cop-purchased 2005 Mitsubishi Eclipse and its Robo Car Aero Armor body kit in The Fast and the Furious, the second-generation Eclipse (and its Eagle twin, the Talon) built by Diamond Star Motors in Illinois became the car to have by the middle 2000s… and the only way to improve on a full complement of flares, scoops, and wings was the conversion of the doors to use scissors-style aka Lambo hinge mechanisms. You'd think a car so equipped would be sufficiently desirable to stay on the happy side of the boneyard fence (Those are the doors of a billionaire, after all. -Ed), but such was not the case with this '98 in the Denver area. As we all know, there's no point in going to the expense and trouble of installing Lambo doors in your Eclipse if you haven't got a wing big enough to keep a Mitsubishi F-2 fighter plane aloft. Check! I find these graphics a bit too subdued, but then I'd have chosen a Mitsubishi Debonair AMG for customization in the first place. The body kit looks plenty mean, but hard times appear to have befallen this car quite a few years back. A bit over 150,000 miles show on the odometer, which is non-shabby for a DSM product. The engine is the Chrysler-sourced 2.0 DOHC unit originally designed for use in the Neon, rated at 140 horsepower. A 210-horse turbocharged Mitsubishi 2.0 could be had in the 1998 Eclipse/Talon, but the real gone cats added 14,000 horsepower worth of NOSSS. Someone loved this car enough to put plenty of sweat and dollars into it, and I felt saddened to see it come to such a fate. If it had had an automatic transmission, at least I could have consoled myself that it was built entirely for show. Nope, five-speed manual. The aftermarket wheels look rough, but they may have been sold anyway. This car has been crushed by now, but perhaps the Lambo door hardware got sliced out before then. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. So fast, it destroys wholesome farmhouses. The final model year for this generation of Eclipse was 1999.

France tries to dodge blame for blowing up FCA-Renault merger deal

PARIS — France sought to fend off a hail of criticism on Thursday after it was blamed for scuppering a $35 billion-plus merger between carmakers Fiat-Chrysler and Renault only 10 days after it was officially announced. Shares in Italian-American FCA and France's Renault fell sharply in early trading after FCA pulled out of talks, saying "the political conditions in France do not currently exist for such a combination to proceed successfully." French finance minister Bruno Le Maire said the government, which has a 15% stake in Renault, had engaged constructively, but had not been prepared to back a deal without the endorsement of Renault's current alliance partner Nissan. Nissan had said it would abstain at a Renault board meeting to vote on the merger proposal. However, a source close to FCA played down the significance of Nissan's stance in the discussions, believing French President Emmanuel Macron was looking for a way out of the deal after coming under pressure at home. Context The FCA-Renault talks were conducted against the backdrop of a French public outcry over 1,044 layoffs at a General Electric factory. The U.S. company had promised to safeguard jobs there when it acquired France's Alstom in 2015. The collapse of the deal, which would have created the world's third-biggest carmaker behind Japan's Toyota and Germany's Volkswagen, revives questions about how both FCA and Renault will meet the challenges of costly investments in electric and self-driving cars on their own. The merger had aimed to achieve 5 billion euros ($5.6 billion) in annual synergies, with FCA gaining access to Renault's and Nissan's superior electric drive technology and the French firm getting a share of FCA's lucrative Jeep and Ram brands. FCA has long been looking for a merger partner, and some analysts say its search for a deal is becoming more urgent as it is ill-prepared for tougher new regulations on emissions. It previously held unsuccessful talks with Peugeot maker PSA Group, in which the French state also owns a stake. French budget minister Gerald Darmanin said the door should not be closed on the possibility of a deal with Renault, adding Paris would be happy to re-examine any new proposal from FCA. "Talks could resume at some time in the future," he told FranceInfo radio.