06 Raider Ext Cab 35,000 Miles Clean And Well Kept Truck - No Reserve!!!! on 2040-cars

Auto blog

Renault, Nissan officially reboot their auto alliance for post-Ghosn era

Nissan CEO Makoto Uchida looks on as Renault CEO Luca De Meo and Mitsubishi CEO Takao Kato shake hands during a news conference to unveil new agreement between Nissan and Renault on Monday in London.   LONDON — Automakers Renault and Nissan on Monday formalized their reboot of a relationship that had grown rocky, culminating in the spectacular fall of top executive Carlos Ghosn, who had led successful turnarounds at both companies before his arrest and daring escape. The boards of both companies approved equalizing the stake each automaker holds in the other to 15%, bringing a better balance in the French-Japanese alliance, which also includes smaller Japanese carmaker Mitsubishi Motors Corp. The uneven shareholdings had been viewed at times as a source of conflict. Until now, Renault Group of France owned 43.4% of Nissan Motor Co., while the Japanese automaker owned 15% of Renault. “We have been waiting a long time for this moment,” Renault board Chairman Jean Dominique Senard said at a news conference in London, calling it a “new era." Nissan intends to invest up to 15% in Ampere, RenaultÂ’s electric vehicle and software entity in Europe that Mitsubishi also will consider investing in. The automakers said they will collaborate in markets worldwide, including Latin America, Europe and India. The moves come at a time when the extremely competitive auto industry is undergoing a major shift toward electric vehicles and other environmentally friendly models. The long speculated changes to the carmaker alliance were announced a week ago. Shares equivalent to a 28.4% stake will be transferred to a French trust, according to the companies. Renault, whose top shareholder is the French government, and Nissan agreed on an orderly sale of that stake, although there will be no deadline. Nissan Chief Executive Makoto Uchida vowed to take the alliance to “the next level of transformation” to adapt to a new era. “This is not a choice but a need,” he said. In theory, partnerships are a good way for automakers to cut costs by sharing parts, production and technology, especially when the industry is going through such dramatic change with EVs. That also means that, once formed, ending an alliance can be difficult because the companiesÂ’ development, manufacturing and products get so closely tied together. Still, partnerships can stumble because of the different corporate cultures of the automakers, especially when it involves a meeting of the West and East.

Mitsubishi Outlander PHEV van variant coming to Europe

Mitsubishi's Outlander Plug-in Hybrid SUV will be hitting our shores this fall. Across the Pond, however, it's heading into more no-nonsense territory. That's because the Japanese automaker is making a commercial van variant of the plug-in hybrid for the UK. Mitsubishi will start selling a model called the Outlander PHEV GX3h 4Work in the UK, Motoring Research says. Like the SUV, the model will pair a 2.0-liter gas engine with an electric motor and will have an all-electric range of 32 miles. The difference is that the back seats will be taken out and the glass will be blacked out. Hardcore, we say. The model will be priced at 36,905 British pounds (about $61,000), though buyers are eligible for a government grant worth 7,381 pounds ($12,200). Mitsubishi plans to start selling the Outlander PHEV stateside in Fall 2015. The company said earlier this summer that the US version will be substantially different from the current version, with updates for everything from exterior and interior styling to powertrain efficiency improvements. The model had some battery-melting issues last year in Japan, though Mitsubishi ramped up its production once those problems were solved. Mitsubishi representatives didn't immediately respond to a request for comment about the commercial-van variant from AutoblogGreen, but we expect to be hearing more about it soon.

Mitsubishi boss labels French minister a "retard" for "ruining the lives of motorists" [UPDATE]

Arnaud Montebourg (pictured), French Minister of Industrial Recovery, was recently the target of a rather despicable slur at the hands of Mitsubishi France's leader, Jean-Claude Debard.
Frustrated by Montebourg's attempts to encourage the purchase of lower emitting vehicles and discourage use of high-emission vehicles - by way of tax breaks and tax hikes, respectively - Debard reportedly used the occasion of a new product launch to call the minister "stupid," a "mental case" and a "retard" before members of the media. Here's the full quote, as reported by the French newspaper La Provence by way of The Telegraph:
"This mental case, this retard, increases ecological taxes, reduces the speed motorists can go on Paris' ring road and ruins the life of motorists from all social origins all suffer as a result of him. He is stupid and understands nothing, you can quote me on that."