2013 Nissan Rogue S on 2040-cars

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Fisker stock trades halted as talks with Nissan collapse

Fisker's talks with a large automaker for a potential deal have collapsed, it said on Monday amid growing uncertainty for the cash-strapped startup that last week paused electric-vehicle production.  Trading in the shares of the company, which did not name the automaker with which it was in talks, has been halted pending an announcement.  Fisker also said it will not be able to meet a closing condition related to its attempt to raise up to $150 million in funding by selling convertible notes after missing an interest payment.  Separately, Fisker said it would ask investors to vote on a proposal for a reverse stock split at a shareholder meeting on April 24, as it looks to maintain compliance with the Nasdaq's listing norms.  Reuters had reported earlier this month that Nissan was in advanced talks to invest in the company, however, earlier in the day, the Japanese automaker held an event in which it announced a long-term business plan, including its EV strategy, and said it was looking for partners in the United States.  Raising funds has been hard for loss-making electric vehicle startups, which have little in way of revenue as they struggle to ramp up production and deliver to customers, as the companies battle stiff competition and a tough economy.  The EV startup's shares have cratered this year, losing more than 90% of their value, after it flagged going concern risk in February and paused investments in future projects until it secured a partnership with an automaker.  Fisker pivoted to a dealer-partner model earlier this year, after it delivered less than half of the vehicles it made in 2023 due to logistics issues.    Earnings/Financials Fisker Nissan

St. Louis man charged in killing of Illinois college student

A St. Louis man has been arrested and charged with murder in the slaying of a 19-year-old Illinois college student who went missing while trying to sell his sports car on Craigslist, authorities said. Capt. Tim Fagan of the Florissant, Missouri, police department said at a news conference Wednesday night that 24-year-old Michael Gordon was taken into custody Tuesday and was being held at the St. Louis County jail in lieu of $1 million bond. Gordon has been charged with first-degree murder and armed criminal action in the death of Taylor Clark, a sophomore engineering student at Southern Illinois University-Edwardsville. Fagan, the deputy commander of the Major Case Squad of Greater St. Louis and lead investigator in the case, said police arrested Gordon after his name was found in emails Gordon traded with Clark about the car Clark was trying to sell. Investigators said the two did not know one another before they met. Police say Gordon is an employee of a truck driver training center in the St. Louis suburb of Hazelwood, Missouri, not far from where Clark's 2007 Nissan 350ZX and body were found Tuesday. It was not immediately clear whether Gordon has an attorney. Clark, who is from the southwestern Illinois town of St. Jacob, was reported missing by family members on Monday. Authorities say he was last seen by his girlfriend. "Our hearts and minds are with Taylor Clark's family and friends as they cope with this tragic loss," SIU-E Chancellor Julie Furst-Bowe said in a statement issued Wednesday. "At a time of the year when the new spring season brings the promise of brighter days ahead, and commencement provides unending potential for so many of our students, it is truly sad that Taylor had his bright future taken away." The Belleville (Illinois) News-Democrat reported that Clark worked at a convenience store in Troy, where a candlelight vigil was scheduled for Wednesday night. A similar vigil was held Tuesday night on campus. Clark's death comes during the same week as a Monday court hearing in St. Charles County in which a 23-year-old man was sentenced to life in prison for fatally stabbing a 45-year-old St. Louis man during an encounter and planned robbery in 2012 that was set up through a Craigslist ad. On the same day of the hearing, Fairview Heights, Illinois, police unveiled a "safe exchange zone" on its parking lot, complete with security cameras, to help citizens safely broker online transactions with strangers.

2014 Nissan GT-R Track Edition loses rear seats, gains performance

Nissan is adding yet another tier to the GT-R hierarchy for 2014 with the GT-R Track Edition. Debuting at the 2013 Chicago Auto Show, the bruiser ditches its back seat in the quest for a lower curb weight, and a set of more seriously bolstered front buckets keep occupants planted once the going gets twisty. The Nürburgring-developed Track Edition offers an integrated carbon fiber front splitter with brake cooling ducts as well as an even harder-core suspension. Engineers swapped the stock bits for special Bilstein DampTronic shocks and paired them with more aggressive springs.
The engine still delivers 545 horsepower and 463 pound-feet of torque and still relies on the split-second quickness of the standard GT-R's six-speed dual-clutch transmission. Expect to see just 150 examples of the 2014 Nissan GT-R Track Edition land on American shores starting this May. In the interim, check out the full press release below for more information.