1993 Nissan 240sx Se Hatchback 2-door 2.4l on 2040-cars
Baton Rouge, Louisiana, United States
Body Type:Hatchback
Vehicle Title:Clear
Engine:2.4L 2389CC l4 GAS DOHC Naturally Aspirated
Fuel Type:GAS
For Sale By:Private Seller
Number of Cylinders: 4
Make: Nissan
Model: 240SX
Trim: SE Hatchback 2-Door
Options: Sunroof, CD Player
Drive Type: RWD
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Mileage: 137,550
Exterior Color: Red
Interior Color: Gray
1993 Nissan 240 SX Hatchback SE. 1 owner (my father in law, who passed away before completing the restoration). Repainted in 2010 along with new spoiler. Body is in excellent condition. Slight leak at driver's rear tail-light (seal needs replacing) but no major rust. Does need new spare tire (dry rotten after 20 years...). Other tires in good shape. Garage kept since 2010 (after it was repainted). Drives well. Synthetic Mobil One used for the life of the car. Car is all stock except the Pioneer Premier CD/MP3 head unit, amplifier and Sony sub-woofer. No mechanical modifications have ever been done. Stock 2.4L/4 cylinder engine with 5 speed manual shift. Small oil leak at crank front seal and timing cover, but not enough oil loss to need additional oil in between changes. Timing chain rattles and will eventually need new roller, guides and sprockets at some point in the future per my mechanic. Slightly rough idle but doesn't stall, smoke or sputter. Air conditioner blows cold air. All maintenance records available. Cigarette smoke occasionally permeated interior up until 2010, interior will likely need to be replaced to complete the restoration as the driver's seat has a tear and the carpets do have a few stains. Overall a good daily driver, but certainly with a little work could be a spectacular car club eligible ride. Clear title. Serious buyers only. I reserve the right to sell the car locally if the reserve hasn't been met prior to the close of the auction. Will be happy to answer any questions, please email with any questions prior to bidding. All sales final. Car is sold in "as is" condition with no expressed warranty. Buyer arranges pickup and transportation.
Nissan 240SX for Sale
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Nissan's Ghosn highest paid exec in Japan again, at $10M per year
Tue, 24 Jun 2014Nissan CEO Carlos Ghosn is on track to be the highest-paid executive in Japan for the fourth time in five years. Ghosn's salary and bonuses last year rang the register to the tune of $9.8 million (995 million yen), and when stock dividends are added to the equation, the exec's total pay crested a billion yen. That represents a 0.7-percent increase over his pay from the previous year. Ghosn earned an additional $3.1 million as CEO of Renault.
According to Bloomberg, Ghosn's compensation was announced at a shareholder's meeting in Japan, prompting an explanation from the CEO. "I understand the sensitivity of the issue," Ghosn said. "Being in Japan should not be a handicap to attract talent. We need the best minds, we need the best talents."
Few would argue with that assessment, we'd guess, but it doesn't answer the question of whether Ghosn is the most talented CEO in Japan. Akio Toyoda, head of Toyota in Japan, earned 230 yen (though, as a large shareholder in Toyota, Toyoda's dividend payments bring him closer to Ghosn) in compensation while steering his automaker to a profit that was five times higher than Nissan's. Honda President Takanobu Ito was paid the comparatively small sum of 150 million yen last year.
Nissan itself will be indicted alongside Ghosn, report says
Fri, Dec 7 2018Prosecutors in Tokyo are expected to file charges against Nissan itself alongside an expected indictment against former Chairman Carlos Ghosn as part of the ongoing financial misconduct case. That's according to a report from Japan's Nikkei business daily, which does not identify its sources. Charges are also likely against Greg Kelly, a member of Nissan's board of directors who was taken into custody with Ghosn Nov. 19 after Japanese authorities questioned the former chairman aboard a corporate jet at the Tokyo Haneda airport. Monday is the deadline when prosecutors must either indict the two executives, release them or arrest them on new allegations. Both men are accused of under-reporting salaries in five annual reports that stretch through the fiscal year that ended in March 2015. The Nikkei says they'll also be arrested on new allegations of misstating financial information for the subsequent three business years. Nissan would be charged for not preventing the alleged crime. Both men have reportedly denied the allegations. In response to the Nikkei report, a spokesman for Nissan told Automotive News the company had "identified serious misconduct related to the reporting of Mr. Ghosn's compensation" and was cooperating with investors. The turmoil over Ghosn prompted the automaker to scrap plans to unveil a long-awaited longer-range Leaf electric car at the L.A. Auto Show last week. Ghosn is accused of conspiring to understate his income by about half the 10 billion yen (about $88 million) over the period. Reports say the issue relates to deferred compensation that Nissan CEO Hiroto Saikawa reportedly signed off on but may not have understood. The company didn't report the deferred compensation in Japanese securities filings as it is required, since the money is considered a future liability against the company. Automotive News cites an unnamed source who says Nissan has identified some $80 million in unreported deferred compensation promised to Ghosn. Nissan's board voted Nov. 22 to oust him as chairman, and Mitsubishi followed suit days later. Ghosn remains the CEO and chairman of Renault, however. Under Ghosn's guidance, Nissan and Renault joined forces in 1999 when Nissan was teetering toward bankruptcy. Mitsubishi joined on in 2016, with all three members able to jointly develop products and control costs. He had reportedly been pushing for deeper ties, including a possible merger between Nissan and Renault at the urging of the French government.
Chevy Volt outsells Nissan Leaf for first time since October 2013
Mon, Aug 3 2015It's been a rough summer so far for both the Chevy Volt and the Nissan Leaf, the first two plug-in vehicles from major automakers that ushered in the modern plug-in era. In June 2015, sales were down from their 2014 levels. The Leaf was down 11.6 percent and the Volt was down 31.1 percent. For July 2015, things didn't get much better. July 2015's Volt sales of 1,313 were down 35 percent from July 2014 and are down 34.8 percent for the year-to-date. Nissan, on the other hand moved only 1,174 Leafs last month, down 61.1 percent. So far this year, Leaf sales are down 30.2 percent. What's interesting with this steep decline in Leaf sales is that allowed the Volt to outsell the Leaf for the first time since October 2013. Back then, the Volt sold 2,022 compared to the Leaf's 2,002 units. So far, Nissan has sold 83,312 Leafs in the US since the EV went on sale in late 2010. Chevy has sold 80,292 Volts. Even though Tesla doesn't release monthly sales figures, there's a good chance that the pricey Model S was once again the best-selling EV in the US in July, as it was in the first three months of 2015. At that time, Tesla delivered an average of just under 2,000 Model S EVs a month. We might get some insight into more recent numbers during the quarterly investor call on Wednesday. As we've said before, the low sales for the aging plug-ins can be explained by the fact that both the Leaf and the Volt are due for upgrades. The second-gen Volt is coming in a few months. Nissan is being cagey about when the updated Leaf will arrive, but given these latest sales figures, we wouldn't be surprised if the undisclosed timetable gets move up somehow. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience.