Excellent No Reserve 1995 Nissan Pathfinder Xe V6 Excellent Condition Low Miles on 2040-cars

Auto blog

With Nissan dragging it down, Renault predicts a worsening year

PARIS — Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal. Net income slumped by more than half to 970 million euros ($1.08 billion) in January-June as revenue fell 6.4% to 28.05 billion, the French carmaker said on Friday. Operating profit also dropped 13.6% to 1.65 billion euros. "Given the degradation in demand, the group now expects 2019 revenues to be close to last year's," Renault said — abandoning an earlier pledge to increase revenue before currency effects. A broad-based auto sales downturn has rattled the sector, prompting profit warnings and compounding challenges for Renault and Nissan as they struggle to turn the page on the Ghosn era. Their former alliance boss is now awaiting trial in Japan on financial misconduct charges he denies. Renault's bottom line was hit by an 826 million-euro drop in earnings from its 43.4%-owned partner. Nissan is cutting 12,500 jobs globally after an earnings collapse that it is keen to blame on Ghosn's leadership. But Renault's own performance - reflected in an operating margin that declined to 5.9% from 6.4% the year before - compares less favorably with domestic rival PSA Group. The Peugeot maker bucked the downturn with a record 8.7% profit margin unveiled on Wednesday. Alliance tensions flared after Ghosn's November arrest, worsened when Renault tried in vain to merge with Nissan then Fiat Chrysler, and may be affecting operational performance, investors fear. Citi analyst Raghav Gupta-Chaudhary flagged a lower-than-usual 258 million euros in joint purchasing savings for Renault. "We thought this would be weak in light of the well-documented difficulties with the alliance," he said. Renault blamed falling sales in France, as well as Turkey and Argentina, for a 7.7% revenue drop at its core automotive business, whose profit margin slid to 4% from 4.5%. Operating free cash flow also suffered, coming in at a negative 716 million euros as investment jumped by 742 million euros to 2.91 billion. Renault, which is counting on model launches including a new Clio mini to boost performance in the second half of 2019, nonetheless reiterated pledges to deliver positive full-year cash flow and a margin close to 6%. Renault shares were down 0.5% at 52.02 euros as of 0800 GMT in Paris, after initially falling as much as 2.7%.

Nissan introduces new seven-seat e-NV200 electric minivan

Intrigued by the prospect of an electric van like the Nissan e-NV200, but need to transport more people? The Japanese automaker may have just the solution. Nissan has announced the expansion of its battery-powered people-hauler with the new seven-seater e-NV200. Billed as the "world's first all-electric seven-seat MPV," the new model is being rolled out (in certain markets anyway) in response to popular demand, and packs an extra set of full-size seats in the back. The seven-seater joins the e-NV200 range alongside the existing panel van and five-seat versions. At the same time, Nissan has also announced the addition of a new premium Evalia trim for both five- and seven-seat versions. Previewed in concept form a few months ago, the e-NV200 Evalia is ideally suited for transporting VIPs in quiet luxury. NISSAN LAUNCHES SEVEN-SEAT E-NV200 - Seven-seat e-NV200 goes on sale in July - Model is world's first all-electric seven-seat MPV - Introduction of full-trim Evalia to e-NV200 line-up - Model launched in response to high demand Nissan will broaden the appeal of its award-winning all-electric e-NV200 this summer with the UK launch of a versatile and practical seven seat version. The new model – the world's first pure electric seven seater – is being introduced in response to huge interest from fleet operators and larger families keen to capitalise on the market-leading e-NV200's low running and maintenance costs and zero emissions performance. Prices start at GBP19,895 (incorporating the Government Plug-In Car Grant) for those choosing the convenience of the Nissan Flex battery leasing option*, and from GBP23,400 (inc PiCG) for those purchasing outright. At the same time, the e-NV200 line-up will be further strengthened with the addition of a new 'Evalia' version available in five and seven-seat form – offering a 'full trim' option for the ultimate combination of technology, style, sophistication and comfort. The developments mean the e-NV200 will be available as a panel van, five or seven-seat Combi, or five or seven-seat Evalia – giving customers the freedom to specify a vehicle that best suits their lifestyle or business requirements. Launched in response to demand The launch of the seven-seat version fills a gap in the market for an electric vehicle (EV) capable of accommodating larger groups of people. Private hire companies and shuttle services in particular have been keen to see its introduction since the e-NV200 was launched last year.

Car technology I'm thankful and unthankful for

The past few years have seen a surge of tech features in new vehicles — everything from cloud-based content to semi-autonomous driving. While some of it makes the driving experience better, not all tech is useful or well thought out. Automakers who are adept at drivetrains, ride quality and in-cabin comforts often fail at infotainment interfaces and connectivity. From testing dozens of vehicles each year and in the spirit of gratitude, here are three car tech features I'm thankful — and a trio I could live without. Thanks Connected search: This seems like a no-brainer since everyone already has it on their smartphones, but not all automakers include it in the dashboard and as part of their nav systems. The best ones, such as Toyota Entune, leverage a driver's connected device to search for a range of services and don't charge a subscription or require a separate data plan for the car. I also like how systems like Chrysler Uconnect use Yelp or other apps to find everything from coffee to gas stations and allow searching via voice recognition. Apple CarPlay and Android Auto: It took two of the largest tech companies to get in-dash infotainment right. While they have their disadvantages (you're forced to use Apple Maps with CarPlay, for example), the two smartphone-integration platforms make it easier and safer to use their respective native apps for phoning, messaging, music and more behind the wheel by transferring a familiar UI to the dashboard — with no subscription required. Heated seats and steering wheels: I really appreciate these simple but pleasant features come wintertime. It's easy to get spoiled by bun-warmers on frosty mornings and using a heated steering wheel to warm the cold hands. I recently tested a 2018 Mercedes-Benz E400 Coupe that also had heated armrest that added to a cozy luxury experience. Bonus points for brands like Buick that allow setting seat heaters to turn on when the engine is remotely started. No thanks Automaker infotainment systems: Automakers have probably poured millions into creating their own infotainment systems, with the result largely being frustration on the part of most car owners. And Apple CarPlay and Android Auto coming along to make them obsolete. While some automaker systems, such as Toyota Entune and FCA's Uconnect, are easy and intuitive to use, it seems that high-end systems (I'm looking at you BMW iDrive and Mercedes-Benz COMAND) are the most difficult.