New Cars, Used Cars for Sale, Car Reviews and Car News | Autoblog

Time 2020-07-07 16:05:24

Web Name: New Cars, Used Cars for Sale, Car Reviews and Car News | Autoblog

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This page is for personal, non-commercial use. You may order presentation ready copies to distribute to your colleagues, customers, or clients, by visiting http://www.autobloglicensing.com Nissan has raised $7.8 billion from creditors since April The automaker is struggling to recover profitability after posting its first annual loss in 11 years Nissan Motor Co has raised $7.8 billion in financing from its creditors since April as it tries to shore up its cash position in the face of falling sales due to the coronavirus pandemic, its latest annual securities report shows. Japan's No. 2 automaker is struggling to recover profitability after posting its first annual loss in 11 years, suffering from falling sales, a tarnished image and a deteriorating cash position even before the virus outbreak sapped global demand for cars. Un Reuters Appeals court rejects GM's bid to remove judge from Fiat Chrysler lawsuit But agrees the judge overstepped in ordering the CEOs to meet in person The Sixth U.S. Circuit Court of Appeals said U.S. District Judge Paul Borman abused his discretion by requiring GM CEO Mary Barra and FCA's head, Mike Manley, to meet face-to-face for reasons unrelated to the case, and without taking into account the risks of travel during the COVID-19 pandemic. The district judge's order for the parties to report back to the court in only eight days was also unwarranted, the appeals court said. Reuters Trump claims NASCAR noose was 'hoax,' demands Bubba Wallace apologize He also decries Confederate flag ban, claims wrongly NASCAR's ratings are down After a weekend spent stoking division, President Donald Trump on Monday went after NASCAR's only Black driver and criticized its decision to ban the Confederate flag at its races and venues. Exploiting racial tensions, Trump wrongly accused Bubba Wallace of perpetrating “a hoax” after one of his crew members discovered a rope shaped like a noose in a garage stall they had been assigned to. Federal authorities ruled last month that the rope had been hanging there since at least last October an Associated Press Tesla now sells red satin shorts that mock short-sellers They cost $69.420 and have 'S3XY' in gold across the back bumper Musk has often taken umbrage at short-sellers and in 2018 sent a box of shorts to hedge fund owner and Tesla short-seller David Einhorn. The "Short Shorts" on the Tesla shop website feature gold trim and “S3XY” in gold across the back, which also happens to be formed from Tesla model names. Jeremy Korzeniewski Valtteri Bottas wins F1's season-opening Austrian GP Hamilton finished fourth after a five-second time penalty for causing a collision Valtteri Bottas won a chaotic season-opening Austrian Grand Prix on Sunday while Formula One champion Lewis Hamilton finished fourth after getting a late time penalty. Bottas took a knee as he received the winners’ trophy and the podium trio held up a black T-shirt with “End Racism” written on it. The race was interrupted three times by a safety car and nine of 20 drivers abandoned, including both Red Bulls of Max Verstappen and Alexander Albon — who tried to overtake Hamilton on the outside w Associated Press Vintage Citroen 2CV Paris tours struggle under coronavirus travel ban 'The Americans are our No. 1 tourists, for sure' There's nothing Jean-Remi Galinon enjoys more than bouncing along cobbled streets and showing off Paris to foreign tourists, usually Americans, in his most iconic of French vintage cars. "They are in love with Paris ... (and) we're suffering the consequences (of the travel ban)." Tourism is part of the lifeblood of the city, one of the world's most visited, so for Galinon, Paris's springtime lockdown could hardly have been worse. Reuters Suspects in Ghosn's Japanese escape stand trial in Turkey Seven suspects are being tried in connection with the executive's flight to Lebanon Seven suspects went on trial in Turkey on Friday over their alleged involvement in former Nissan boss Carlos Ghosn's dramatic escape from Japan to Lebanon via Istanbul at the end of last year. Ghosn, once a titan of the global auto industry, had been arrested in Japan in late 2018 and charged with underreporting his salary and using company funds for personal purposes, charges he denies. The ousted chairman of the alliance of Renault, Nissan Motor Co and Mitsubishi Motors Corp had been awaitin Reuters FCA: PSA deal terms still intact despite dividend cut report FCA says it has no intention of altering the structure of the deal Fiat Chrysler (FCA) said the terms of its merger with France's PSA had not changed after an Italian newspaper report that it was looking to spin off assets to reduce a planned 5.5 billion euro ($6.2 billion) cash pay-out to its shareholders. FCA said on Friday that it was sticking to the deal agreed with PSA in December before the coronavirus crisis hit demand for cars. FCA and PSA plan to finalise their merger by the first quarter of next year. Reuters Rebrands and reworks JLR's Carpe service launched in 2018 Jonathon Ramsey / 4 days ago Plus, we drive the 2020 GMC Sierra 1500 with a diesel and the 2020 VW Atlas Cross Sport Autoblog Staff / 4 days ago Find Book Values Find used car trade in, resell, certified pre-owned and retail values of used vehicles based on the condition, mileage and other factors of the car sale. Find Book Values You must have JavaScript enabled to experience the new Autoblog. Please follow the instructions below to enable JavaScript in your browser.

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