2005 Mitsubishi Lancer Es Sedan 4-door 2.0l on 2040-cars
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Carlos Ghosn launches initiative to help his native Lebanon
Wed, Sep 30 2020BEIRUT — Former Nissan Motor Co. Chairman Carlos Ghosn made a new public appearance in Lebanon Tuesday during which he launched an initiative with a local university to help the country that is undergoing a severe economic and financial crisis. It is GhosnÂ’s second appearance in public since he was smuggled from Japan in late December to his ancestral Lebanon. In early January, Ghosn gave a news conference in Beirut saying he fled because he could not expect a fair trial, was subjected to unfair conditions in detention and was barred from meeting his wife under his bail conditions. Ghosn declined to elaborate about the details of his arrival in Lebanon, saying it happened in “dramatic circumstances” and also refused to answer questions regarding two Americans who allegedly helped him flee Japan to Lebanon through Turkey. He also refused to talk about former Nissan executive Greg Kelly, who is standing trial in Japan. Ghosn said that the initiative with the Maronite Christian Holy Spirit University of Kaslik, USEK, titled "Moving Forward," aims to launch a top executive management program, a training center on new technologies and to support startups. “The objective is obviously serving this institution ... but also serving the country and the society,” Ghosn said in an opening speech. “If there is one specific thing that Lebanon needs it is create jobs.” “When we are developing top management, we are developing people strong enough to carry companies through this difficult time, to grow a company and to create jobs,” Ghosn said. Lebanon is mired in the countryÂ’s worst economic and financial crisis in its modern history. It defaulted on paying back its debt for the first time ever in March, and the local currency has collapsed, leading to hyperinflation and soaring poverty and unemployment. Talks with the International Monetary Fund on a bailout package have stalled. The economic and political crisis deepened after an Aug. 4, blast in Beirut that killed and wounded many and caused damage worth billions of dollars. Many Lebanese consider Ghosn as one of the countryÂ’s heroes in the diaspora who succeeded in turning troubled car companies in France and Japan into profit making ventures. Some have suggested that Ghosn should be given a governmental post in Lebanon to get the country that is notorious for corruption and mismanagement out of its troubles.
2022 Mitsubishi Eclipse Cross First Drive Review | A welcome improvement
Fri, Apr 2 2021We’ve considered the Mitsubishi Eclipse Cross a better-than-expected option in a mostly uninspiring vehicular segment ever since it was introduced for the 2018 model year. ItÂ’s sized and priced somewhere between subcompact and compact crossovers, making it an in-betweener that may attract some buyers due to its distinctive positioning. And itÂ’s been given a pretty comprehensive refresh for the 2022 model year that erases a few of our complaints and makes it more compelling, especially against subcompact crossover models like the Honda HR-V and Toyota C-HR. In an odd bit of launch timing that we figure was probably shaken up by a certain global pandemic, thereÂ’s no 2021 edition. The 2022 Mitsubishi Eclipse Cross isnÂ’t a total redesign — it rides on the same platform and is powered by the same engine and transmission as before — but the exterior design has been given a serious makeover while the interior gets some nice ergonomic upgrades that will make it easier to live with on a daily basis. On the outside, the updates are focused on the very tips of the little crossover. A redesigned front fascia further separates the light clusters into upper LED driving lights and lower stacked headlights and fog lamps. MitsubishiÂ’s Dynamic Shield grille design features chrome swooshes that flank a blacked-out diamond-pattern mesh in the center. ThereÂ’s a definite human-esque look to the face of the Eclipse Cross, and in person the overall appearance is aggressive and interesting. The rear received an even bigger makeover than the front. Gone is the two-piece rear glass that was bisected by a faux spoiler-shaped panel with full-width taillights, and in its place is a much more conventional hatchback with a larger single-piece window. The 2022 Eclipse Cross is a significant 5.5 inches longer than the 2020 model, and four of those were tacked on the back end. That makes for a bump in cargo capacity to 23.4 cubic feet (up 0.8 over the 2020 version) with the rear seat in place and 50.1 (an increase of 1.2 cubic feet) with the second row folded. It also adds 11% more floor area for long and/or wide items. While the added space is a welcome improvement, the reconfiguration of the Eclipse CrossÂ’s dashboard and center console may be even more useful. The infotainment screen, which measures 7 inches on the base ES model and 8 inches on everything else, was moved a couple inches closer to the driver.
FCA compromises with France, moving Renault merger bid forward
Tue, Jun 4 2019FRANKFURT/PARIS – Renault directors were preparing to review Fiat Chrysler's $35 billion merger offer on Tuesday, after the Italian-American carmaker resolved differences with the French government overnight, three sources said. The compromise on French government influence over a combined FCA-Renault may clear the way for Renault's board to approve a framework agreement beginning the long process of a full merger, unless new issues surface at the meeting. France, Renault's biggest shareholder with a 15% stake, had been pressing for its own guaranteed seat on the new board and an effective veto on CEO appointments. But after late-night talks with FCA Chairman John Elkann, the French government has accepted a compromise that would see it occupy one of four board seats allocated to Renault, balanced by four FCA appointees, the sources said. Renault would also cede one of its two seats on a four-member CEO nominations committee to the French state, they said. Renault, FCA and the French government all declined to comment on the discussions. The same evening that the compromise was was negotiated, activist hedge fund CIAM wrote to the board of Renault to say it "strongly opposed" a planned $35 billion merger with Fiat Chrysler. Calling the deal "opportunistic," the fund said the current deal terms strongly favored Fiat Chrysler and offered no control premium. (Reporting by Arno Schuetze and Laurence Frost; additional reporting by Giulio Piovaccari in Milan and Simon Jessop; editing by Jason Neely and Rachel Armstrong) Government/Legal Chrysler Fiat Mitsubishi Nissan Renault merger













