2005 - Nissan 350z on 2040-cars
Sanford, Texas, United States
This is the perfect car for your pleasure driving, (or perhaps for your college student at the University of Texas in Austin, if they deserve it). The miles are so low, it is essentially a new car. It is super clean, inside and out. When brand new, these are 48 k$ cars, but you can have this one for less than half, in like new condition. The color is gorgeous: metallic sunset orange, similar to the Corvette "atomic orange" that they had several years ago. The rear spoiler really makes the profile look good. A six speed manual transmission hooked to the V-6, big Brembo brakes and great rubber make this an orange batmobile. It is a pleasure to drive, and has classic lines (not like the overly street-racer looking 370Zs) This car has always been garage-kept under a custom cover, and driven only on beautiful days. It has been in a light rain once ever. Prior to my ownership, the owner only took it to weekend events and shows, and never washed it with a hose (likely only a bottle of windex). Now I have indeed washed it a few times. It has only been pampered. I drive it ocassionally between New Braunfels and Austin on the tollroad. Otherwise it sees only pleasure driving. This is a no-hit, no fender bender, clean original car. The engine bay is clean. The headlight covers are crystal clear, you only see that in covered well cared for vehicles. It has had a few oil changes, just for time, not miles. Synthetic oil. It starts smoothly, shifts smoothly, and drives like a dream. The winner will get a wonderful car. KellyBlueBook lists this car as $19.982, but you won't find another with this low mileage, even in more recent model years for 350Z's or even 370Z's. Includes a custom car cover. Includes, from the previous owner, custom orange leather shifter boot and armrests (I like the clean black look of the cabin, so I never installed them). Any questions, call Matt at 830-708-2832
Nissan 350Z for Sale
2004 - nissan 350z(US $7,000.00)
2003 - nissan 350z(US $7,000.00)
2006 - nissan 350z(US $7,000.00)
2004 nissan 350z(US $7,000.00)
2006 - nissan 350z(US $14,000.00)
2005 - nissan 350z(US $7,000.00)
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Nissan and Carlos Ghosn settle SEC claims over undisclosed compensation
Mon, Sep 23 2019WASHINGTON — Nissan and its former Chief Executive Carlos Ghosn have agreed to settle claims from the U.S. Securities and Exchange Commission over false financial disclosures related to Ghosn's compensation, an SEC statement said on Monday. Nissan will pay $15 million, while Ghosn agreed to a $1 million civil penalty and a 10-year ban from serving as an officer or director of a publicly traded U.S. company, the SEC statement said. Ghosn was arrested in Japan and fired by Nissan last year. He is awaiting trial in Tokyo on financial misconduct charges that he denies. Former Nissan human resources official Gregory Kelly agreed to a $100,000 penalty and a five-year officer and director ban. Nissan, Ghosn, and Kelly settled without admitting or denying the SEC's allegations and findings. The SEC said in total Nissan in its financial disclosures omitted more than $140 million to be paid to Ghosn in retirement — a sum that ultimately was not paid. The SEC also accused Ghosn in a suit filed in New York that he engaged in a scheme to conceal more than $90 million of compensation. That suit is being settled as part of the agreement announced Monday. Nissan confirmed it had settled the allegations and said it "is firmly committed to continuing to further cultivate robust corporate governance." Nissan provided significant cooperation to the SEC, the agency said. The company now has a new governance structure with three statutory committees — audit, compensation and nomination — and has amended its securities reports for all relevant years. The SEC said beginning in 2004 Nissan's board delegated to Ghosn the authority to set individual director and executive compensation levels, including his own. The SEC said "Ghosn and his subordinates, including Kelly, crafted various ways to structure payment of the undisclosed compensation after Ghosn's retirement, such as entering into secret contracts, backdating letters to grant Ghosn interests in Nissan's Long Term Incentive Plan, and changing the calculation of Ghosn's pension allowance to provide more than $50 million in additional benefits." "Investors are entitled to know how, and how much, a company compensates its top executives. Ghosn and Kelly went to great lengths to conceal this information from investors and the market," said Stephanie Avakian, co-director of the SEC's Division of Enforcement.
How and why Nissan nearly killed off Infiniti
Fri, 25 Jan 2013Launched in 1990, Infiniti was expected to be Japan's answer to BMW (Lexus would end up chasing Mercedes-Benz). Yet things went awry almost right out of the gate. Overlooking the fledgling automaker's now infamous early marketing campaign, its product line over the past twenty-four years has been a roller coaster ride of strong hits (Q45, FX35 and G35) and frustrating misses (M30, I30 and QX4).
In a recent interview with Ward's Auto at the Detroit Auto Show, Nissan Executive Vice President Andy Palmer revealed that the company's luxury brand was almost cancelled by CEO Carlos Ghosn as unnecessary. Infiniti, like most premium marques owned by a volume manufacturer, had fallen into the trap of losing autonomy and pushing its high-end product just like its mainstream models.
The one obvious exception to this industry blunder, said Palmer, was VW Group's Audi brand. Realizing that Audi's impressive comeback over the past two decades shamed even that of actor Robert Downey Jr., Nissan hired Audi veteran Johan de Nysschen to bring Infiniti to its intended glory - and protect it from extinction. Check out the complete interview here.
Daimler and Nissan to build luxury cars at new plant in Mexico
Thu, 05 Sep 2013A few years back, when Daimler was looking for a partner to spread the cost of development of small cars, it agreed to collaborate with Nissan on future products, such as vehicle platforms and drivetrains. The latest development in the collaboration concerns the assembly of small luxury cars for Infiniti and Mercedes-Benz at a Nissan plant in Mexico, two unnamed sources told Reuters.
The plant in question, Aguascalientes, is a $2 billion project that will open later this year next to an existing Nissan factory. The upcoming Infiniti Q30 four-door hatchback is expected to be built there, possibly alongside the Mercedes GLA-Class, which is one of several candidates Mercedes is considering to build at this facility, Reuters reports. The GLA will debut at the Frankfurt Motor Show this month, and initial production of the model will take place in Germany. The Q30 could follow a similar path, with assembly starting at Nissan's Sunderland plant in the UK, and then expanding to Aguascalientes later on.
The underlying platform of the Q30 and GLA, codenamed New Generation Compact Car (NGCC), was developed by Daimler. The Q30 would be the first Infiniti produced under the automakers' agreement. Last year, Nissan agreed to make engines that would find their way into Mercedes and Infiniti vehicles.