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Nissan Division Reports June Sales - Altima Demand Remains Strong in June

GARDENA, Calif., July 2 -- Led by solid sales of the 2002 Altima, Nissan Division reported today sales of 54,361 for the month of June. June totals declined 2.4 percent compared with year ago levels.

The award-winning Altima continued its sales momentum with June sales totaling 17,773 units, a 39.4 percent increase versus June 2001. Year-to-date Altima sales rose to 102,459 units, up 35.9 percent compared to last year.

Total truck sales for June totaled 19,717 units, a 18.3 percent decline over June 2001. Year-to-date Xterra sales rose to 40,153 units, up 2 percent compared to last year.

Combined June sales for Nissan and Infiniti divisions totaled 61,332 units, a 0.1 percent decrease versus June of last year.

Sales of Nissan's North American produced vehicles for June totaled 42,251 units, which represents 73 percent of all Nissan vehicles sold in the United States.

In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing.

                     Nissan Division Sales for June 2002

                             Current Month           Calendar Year-to-Date
                       June      June     DSR %     June      June    DSR %
                       2002      2001      Chg.     2002      2001      Chg.
    Nissan Division
     Total            54,361    57,868    -2.4%   334,636   316,044    +6.6%
      Sentra           9,214    10,505    -8.9%    54,546    51,203    +7.2%
      Altima          17,773    13,238   +39.4%   102,459    75,882   +35.9%
      Maxima           7,657     9,061   -12.2%    57,631    54,620    +6.2%
    Total Car         34,644    32,805    +9.7%   214,648   181,728   +18.9%
      Frontier         6,626     8,535   -19.4%    38,383    48,352   -20.1%
      Xterra           7,001     8,317   -12.6%    40,153    39,636    +2.0%
      Pathfinder       4,453     5,257   -12.0%    31,332    32,220    -2.1%
      Quest            1,637     2,954   -42.5%    10,120    14,108   -27.8%
    Total Truck       19,717    25,063   -18.3%   119,988   134,316   -10.1%
    Selling Days          26        27                153       154


    
                          NISSAN NORTH AMERICA, INC.
                           Sales Report - June 2002

    Month-End Results
                         Cur.      Year     DSR %    CYTD      Year     DSR %
                         Month      Ago      +/-    Total      Ago       +/-

    Nissan North America,
     Inc. - Total       61,332    63,744     -0.1  375,626   351,516     7.6
    Selling Days            26        27               153       154

    Nissan Division
     Total Sales        54,361    57,868     -2.4  334,636   316,044     6.6

    NORTH AMERICA
    (Memo) - Car        26,987    23,744     18.0  157,006   127,086    24.4
           - Truck      15,264    19,806    -20.0   88,656   102,096   -12.6

           - Total
             North
             America    42,251    43,550      0.7  245,662   229,182     7.9
    IMPORT
           - Car         7,657     9,061    -12.2   57,642    54,642     6.2
           - Truck       4,453     5,257    -12.0   31,332    32,220    -2.1

           - Total
             Import     12,110    14,318    -12.2   88,974    86,862     3.1

    - Total Car         34,644    32,805      9.7  214,648   181,728    18.9
    - Total Truck       19,717    25,063    -18.3  119,988   134,316   -10.1
    - (Hawaii)*            496       431             2,961     2,583

    Infiniti Division
     Total Sales         6,971     5,876     23.2   40,990    35,472    16.3
    - Total Car          5,690     4,347     35.9   32,877    26,228    26.2
    - Total Truck        1,281     1,529    -13.0    8,113     9,244   -11.7
    - (Hawaii)*             31        29               188       145

    TOTAL IMPORT
           - Car        13,347    13,408      3.4   90,519    80,870    12.7
           - Truck       5,734     6,786    -12.3   39,445    41,464    -4.2
           - Total
             Import     19,081    20,194     -1.9  129,964   122,334     6.9

    TOTAL SALES
           - Car        40,334    37,152     12.7  247,525   207,956    19.8
           - Truck      20,998    26,592    -18.0  128,101   143,560   -10.2
           - Total
             Sales      61,332    63,744     -0.1  375,626   351,516     7.6

    ALL NUMBERS INCLUDE HAWAII
    *Hawaii is broken out separately for information only.