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Nissan North America Reports May 2004 Sales up 32.9 percent

GARDENA, Calif.--June 2, 2004--Nissan North America, Inc. (NNA) reported May total sales of 87,713 units for its Nissan and Infiniti divisions, a 28.4 percent increase versus May of last year.

Nissan Highlights

-- May sales for Nissan-brand vehicles were up 32.9 percent when compared to last May, with 76,570 units sold

-- Altima reported sales of 20,558 units, Titan full-size truck reported sales of 7,236 units, Murano reported sales of 5,004 units, Quest reported sales of 4,501 units and Armada full-size SUV reported sales of 3,074 units

-- Calendar year-to-date sales are up 30.9 percent with 342,227 units sold

Infiniti Highlights

-- Sales for Infiniti, the luxury division of NNA, increased 3.8 percent from last May, with 11,143 units sold

-- G35 sedan reported sales of 3,394 units, G35 Coupe reported sales of 2,732 units, FX reported sales of 2,398 units and the QX56 full-size SUV reported sales of 1,240 units

-- Calendar year-to-date sales are up 13.2 percent with 52,450 units sold

NNA Information

-- Combined May sales for Nissan and Infiniti totaled 87,713 units, a 28.4 percent increase from last May

-- Calendar year-to-date sales are up 28.2 percent with 394,677 units sold

In North America, NNA's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. More information on NNA and the complete line of Nissan and Infiniti vehicles can be found online at www.nissannews.com or by contacting the corporate media line at 310/771-5631.


NISSAN DIVISION SALES
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                   May     May    Monthly     CYTD     CYTD   CYTD DSR
                  2004     2003     DSR       2004     2003   % Change
                                  % Change            
----------------------------------------------------------------------
Nissan Division
 Total           76,570  59,818      32.9  342,227  261,477      30.9
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Sentra            9,979   8,613      20.3   48,566   38,338      26.7
----------------------------------------------------------------------
Altima           20,558  17,228      23.9   99,183   80,411      23.3
----------------------------------------------------------------------
Maxima            7,347   9,262     -17.6   28,972   38,761     -25.3
----------------------------------------------------------------------
350Z              3,203   3,568      -6.8   14,469   16,783    -100.0
----------------------------------------------------------------------
Total Car        41,087  38,673      10.3  191,190  174,432       9.6
----------------------------------------------------------------------
Frontier          7,450   5,713      35.4   27,522   24,484      12.4
----------------------------------------------------------------------
Xterra            5,965   6,427      -3.6   28,467   29,943      14.1
----------------------------------------------------------------------
Pathfinder        2,253   3,214     -27.2   11,136   14,522     -23.3
----------------------------------------------------------------------
Murano            5,004   5,568      -6.7   22,806   20,471      11.4
----------------------------------------------------------------------
Quest             4,501     223   1,996.0   21,151    2,625     705.8
----------------------------------------------------------------------
Armada            3,074     N/A       N/A   13,244      N/A       N/A
----------------------------------------------------------------------
Titan             7,236     N/A       N/A   26,711      N/A       N/A
----------------------------------------------------------------------
Total Truck      35,483  21,145      74.3  151,037   87,045      73.5
----------------------------------------------------------------------
North American
 Produced        66,107  44,218      55.3  293,796  184,614      59.1
----------------------------------------------------------------------
Car              37,881  31,855      23.5  176,701  132,562      33.3
----------------------------------------------------------------------
Truck            28,226  12,363     137.1  117,095   52,052     125.0
----------------------------------------------------------------------
Import           10,463  15,600     -30.3   48,431   76,863     -37.0
----------------------------------------------------------------------
Car               3,206   6,818     -51.2   14,489   41,870     -65.4
----------------------------------------------------------------------
Truck             7,257   8,782     -14.2   33,942   34,993      -3.0
----------------------------------------------------------------------

----------------------------------------------------------------------
INFINITI DIVISION SALES
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                   May     May    Monthly     CYTD     CYTD   CYTD DSR
                  2004     2003     DSR       2004     2003   % Change
                                  % Change            
----------------------------------------------------------------------
Infiniti Division
 Total           11,143  11,149       3.8   52,450   46,325      13.2
----------------------------------------------------------------------
I35               1,076   1,420     -21.3    5,204    6,120     -15.0
----------------------------------------------------------------------
G35 Sport Sedan   3,394   3,278       7.5   17,358   14,317      21.2
----------------------------------------------------------------------
G35 Sport Coupe   2,732   2,978      -4.7   12,283   10,761      14.1
----------------------------------------------------------------------
M45                 177     298     -38.3      913    1,645     -44.5
----------------------------------------------------------------------
Q45                 126     190     -31.1      838    1,008     -16.9
----------------------------------------------------------------------
QX4                   0     645    -100.0        9    3,968     -99.8
----------------------------------------------------------------------
QX56              1,240     N/A       N/A    3,610      N/A       N/A
----------------------------------------------------------------------
FX                2,398   2,339       N/A   12,235    8,495      44.0
----------------------------------------------------------------------
Total Car         7,505   8,165      -4.5   36,596   33,851       8.1
----------------------------------------------------------------------
Total Truck       3,638   2,984      26.6   15,854   12,463      27.2
----------------------------------------------------------------------

----------------------------------------------------------------------
COMBINED NISSAN AND INFINITI SALES
----------------------------------------------------------------------
                   May     May    Monthly     CYTD     CYTD   CYTD DSR
                  2004     2003     DSR       2004     2003   % Change
                                  % Change            
----------------------------------------------------------------------
TOTAL VEHICLE    87,713  70,967      28.4  394,677  307,802      28.2
----------------------------------------------------------------------
Total Car        48,592  46,837       7.7  227,786  208,283       9.4
----------------------------------------------------------------------
Total Truck      39,121  24,129      68.4  166,891   99,508      67.7
----------------------------------------------------------------------
Selling Days         26      27                128      128
----------------------------------------------------------------------

All numbers include Hawaii. Percent changes based on DSR.