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Japanese automakers welcome North American trade deal, fear what's next

TOKYO — Toyota, Nissan and Mazda welcomed on Tuesday the revised North America trade deal that left Japanese automakers unscathed, but they may face a bumpy ride when Washington and Tokyo hold new talks on over $40 billion of annual U.S. auto imports from Japan. The United States and Canada reached an agreement on Sunday to update the 1994 North American Free Trade Agreement after Washington had forged a separate trade deal with Mexico in August. The updated deal effectively maintains the auto industry's current footprint in North America, and spares Canada and Mexico from the prospect of U.S. national security tariffs on their vehicles. Mazda, which ships cars to the United States from Mexico and Japan, called the deal a "big step forward". Nissan, which makes the cars it sells in the United States locally as well as in Mexico, Japan and other countries, said it was "encouraged" by the agreement. Toyota, Japan's biggest automaker, said it was "pleased" that a basic deal was reached. Other automakers were not immediately available for comment. While the deal has removed the risk that the disintegration of the pact would have posed to automakers, bigger risks loom large for Japanese firms as a chunk of the roughly 7 million cars they sold in the U.S. last year were shipped from Japan, and a trade deal between Washington and Tokyo has yet to be agreed. The United States and Japan last week agreed to begin fresh trade talks, with U.S. President Donald Trump seeking to address Japan's $69 billion trade surplus, of which nearly two-thirds comes from auto exports. Washington is also investigating the possibility of slapping 25 percent tariffs on auto imports on national security grounds, although it has agreed with Japan to put any new tariffs on hold during the talks. Analysts say the United States may take a tougher stance on auto imports from Japan than from its neighbors. "If Japan requests an exemption from the 25 percent tariffs under consideration, Washington could propose a more strict cap on imports than it agreed to with Mexico and Canada," said Koji Endo, senior analyst at SBI Securities. "That would be a risk." This could be a big blow to Japan, as the United States is a key source of revenue for Japanese automakers including Toyota, Nissan and Honda. The U.S. market accounts for a quarter or more of their annual global vehicle sales, and of their total U.S.

2015 Nissan Murano configurator is lux'd and loaded

We just got done driving the all-new, 2015 Nissan Murano and while you'll have to wait just a few more hours for our complete driving impressions, you can at least get online and build your very own example of Nissan's latest CUV, thanks to the company's new configurator. While Nissan has already published the Murano's starting price, this is our first glimpse at the full pricing details. As we said, prices start at $29,650, not counting an $885 destination charge. From there, things, um, increase. Moving from the base S to the mid-level SV will require an extra $3,060, and adds navigation with the NissanConnect telematics system, a power driver's seat, LED running lights, remote start and a USB port for backseat passengers. An additional $4,330 moves you up to the Murano SL, adding heated leather seats, a Bose stereo, AroundView monitoring, an auto-dimming rear-view mirror, a power liftgate and blind-spot monitoring with cross-traffic alert. At the top of the range sits the Platinum, starting at $39,000 ($2,050 more than the SL). It includes 20-inch wheels, LED headlights, climate-controlled front seats, heated rear seats and a heated steering wheel. Regardless of trim, Nissan customers will get about with the help of a 3.5-liter V6 that's been mated up to an Xtronic continuously variable transmission. Adding the optional all-wheel-drive system will bump up the CUV's price an additional $1,600. Head over to the configurator and build your own ideal Murano.

Nissan reviving Pulsar name for Euro market

The Nissan Pulsar doesn't have what we'd consider a rich history in the US, other than on some models decades ago. However, the nameplate has been part of the Nissan lineup globally since 1978 and has proven popular in Asia and Australia. Now, the brand is teasing a five-door hatch to revive the name and hit European showrooms this fall.
The new Pulsar will be built at the company's recently renovated factory in Barcelona, Spain. It's not clear from the teaser whether this is the same model that is already sold in other parts of the world or a brand new vehicle. Although, Nissan says in the announcement that the car "has been designed to meet the specific demands of European car buyers."
With competitors like the Volkswagen Golf and Ford Focus, the European five-door hatch market is seriously competitive. It will be interesting to see if Nissan will have something special to bring to the table. Scroll down to read Nissan's full teaser about its latest hatchback in Europe.