2012 Nissan Altima 2.5 S Sedan Automatic on 2040-cars
Exton, Pennsylvania, United States
Fuel Type:Gasoline
For Sale By:Dealer
Transmission:Automatic
Body Type:Sedan
Used
Year: 2012
Warranty: Vehicle has an existing warranty
Make: Nissan
Model: Altima
Options: Compact Disc
Mileage: 33,587
Safety Features: Anti-Lock Brakes, Passenger Side Airbag
Sub Model: 4dr Sdn I4 CVT 2.5 S
Power Options: Air Conditioning, Cruise Control, Power Windows
Exterior Color: Red
Interior Color: Black
Number of Cylinders: 4
Doors: 4
Engine Description: 2.5L DOHC 16-VALVE I4
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Auto Services in Pennsylvania
Young`s Auto Body Inc ★★★★★
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Wilcox Garage ★★★★★
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Auto blog
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Autoblog Podcast #318
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Autoblog Podcast #318:
Nissan reportedly rejecting Renault proposal for closer ties
Tue, Apr 23 2019TOKYO — Nissan Motor Co Ltd will reject a management integration proposal from French partner Renault SA and will call for an equal capital relationship, the Nikkei newspaper said on Monday, citing sources. Nissan's management feels the Japanese company has not been treated as an equal of Renault under existing capital ties, and a merger would make this inequality permanent, the Nikkei reported. The outlook for the alliance — one of the world's top automaking partnerships — has been in focus since the arrest in November of its main architect, Carlos Ghosn, on charges of financial misconduct. The former Nissan and Renault chairman has denied the charges against him and has said he was the victim of a boardroom coup by Nissan executives opposed to closer ties. To which, Bloomberg reported that it has seen emails in which Nissan executives were working with Japanese government officials to defend the company's independence, as Ghosn was pushing for a full merger. The emails indicate growing concern at high levels of the Japanese government, in the months before Ghosn's arrest, that his merger efforts would boost Renault and its largest shareholder, the French government, and harm Nissan, in a relationship the Japanese already saw as lopsided. The emails indicated a desire to keep the existing structure of the alliance with a "re-balancing of the shareholding" to reduce Renault's 43 percent stake in Nissan, and stated that Nissan's independence "should be respected." Nissan declined to comment directly on the emails, while reiterating that misconduct by Ghosn and his former aide, Greg Kelly, is "the sole cause of the chain of events." Renault saved Nissan from the brink of bankruptcy two decades ago and under their current capital alliance, the French company holds greater control over its much larger partner. Nissan Chief Executive Hiroto Saikawa declined to say whether the company had received a merger proposal from Renault. "Now is not the time to think of such things," he told a group of reporters outside of his house in Tokyo. "At the moment we are focused on improving Nissan's earnings performance. Please give us time to do that." Renault declined to comment on the report. Renault has argued in its proposal that an integration would maximize synergies within the French-Japanese alliance, according to the Nikkei. The Financial Times reported last month of Renault's intention to restart merger talks with Nissan within 12 months.
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