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Nissan North America Reports November Sales

    GARDENA, Calif.--Dec. 3, 2002--Nissan North America, Inc. (NNA) reported November total sales of 57,512 units for its Nissan and Infiniti divisions, a 1.6 percent decrease versus November of last year. For the year, NNA has sold 682,026 vehicles, up 5.8 percent for the calendar year.

    INFINITI HIGHLIGHTS

-- Infiniti, the luxury division of NNA, reported November sales of 8,830 units, a 39.2 percent increase
-- November 2002 sales marks Infiniti's best sales month in its 13-year history
-- The new 2003 Infiniti G35 Sport Sedan and G35 Sport Coupe, which were recently named 2003 Motor Trend Car of the Year, contributed most to the increase with sales of 5,382 units
-- Calendar year-to-date Infiniti sales are 79,820 units, accounting for a 21.5 percent increase

    NISSAN HIGHLIGHTS

    -- Nissan-brand sales for November totaled 48,682 units, a 6.6
    percent decrease

    -- Calendar year-to-date Nissan sales are 602,206 units, a 4.1
    percent increase

    -- The Nissan Altima mid-size sedan had its best November ever
    with sales of 14,777 units up 3.9 percent; even with no direct
    incentives, Altima continues to have strong momentum in a
    highly competitive segment

    -- November marked the first sales of the new 2003 Murano Sport
    Utility Vehicle

    NNA INFORMATION

    -- Combined November sales for Nissan and Infiniti totaled 57,512
    units, a 1.6 percent decrease versus last year

    -- Calendar year-to-date NNA combined sales now total 682,026
    units, a 5.8 percent increase

    -- Sales of NNA's North American-produced vehicles for November
    totaled 34,366 units, representing 59.4 percent of all NNA
    vehicles sold in the United States

    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.

    Note: All numbers include Hawaii. Percent changes based on DSR.


                       INFINITI DIVISION SALES

                       November November DSR %   CYTD    CYTD   DSR %
                         2002     2001    Chg.   2002    2001    Chg.
Infiniti Division
 Total                   8,830    6,100  +39.2  79,820  65,453  +21.5
    I35/I30              1,907    3,147  -41.7  24,332  32,413  -25.2
    G35 Sport Coupe      2,769      N/A    N/A   3,063     N/A    N/A
    G35 Sport Sedan      2,613      N/A    N/A  26,775     N/A    N/A
    M45                    300      N/A    N/A     637     N/A    N/A
    Q45                    171      413  -60.2   3,461   5,309  -35.0
    QX4                  1,063    1,744  -41.4  15,793  17,225   -8.6

Note: Infiniti total for November 2002 includes sales of 7 G20 units;
796 G20 units were sold in November 2001


                         NISSAN DIVISION SALES

                     November November DSR %    CYTD     CYTD    DSR %
                       2002     2001    Chg.    2002     2001    Chg.
Nissan Division
 Total                48,682   50,123   -6.6  602,206  576,683   +4.1
    Sentra             7,482    9,498  -24.3   98,209  100,832   -2.9
    Altima            14,777   13,675   +3.9  187,025  134,253  +38.8
    Maxima             6,212    6,602   -9.5   92,410   93,879   -1.9
    350Z               3,755      N/A    N/A   10,138        3    N/A
Total Car             32,244   29,793   +4.1  387,848  329,007  +17.5
    Frontier           5,295    6,329  -19.6   70,188   82,728  -15.5
    Murano               307      N/A    N/A      307      N/A    N/A
    Xterra             6,004    7,806  -26.0   73,823   78,771   -6.6
    Pathfinder         4,024    4,301  -10.0   53,437   58,882   -9.6
    Quest                808    1,894  -59.0   16,603   27,295  -39.4
Total Truck           16,438   20,330  -22.3  214,358  247,676  -13.8


                  COMBINED NISSAN AND INFINITI SALES

                 November  November  DSR %    CYTD     CYTD   DSR %
                   2002      2001     Chg.    2002     2001    Chg.
TOTAL VEHICLE     57,512    56,223    -1.6  682,026  642,136   +5.8
Total Car         40,011    34,149   +12.7  448,811  377,235  +18.6
Total Truck       17,501    22,074   -23.8  230,151  264,901  -13.4
Selling Days          26        25             282      281

All numbers include Hawaii. Percent changes based on DSR.


NISSAN NORTH AMERICA, INC.
Sales Report - November 2002

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

Nissan North America,
 Inc. -Total           57,512  56,223   -1.6  682,026  642,136    5.8
Selling Days               26      25             282      281

Nissan Division Total
 Sales                 48,682  50,123   -6.6  602,206  576,683    4.1

NORTH AMERICA
(Memo) - Car           22,259  23,173   -7.6  285,235  235,087   20.9
       - Truck         12,107  16,029  -27.4  160,614  188,794  -15.2

       - Total North
         America       34,366  39,202  -15.7  445,849  423,881    4.8
IMPORT
       - Car            9,985   6,620   45.0  102,613   93,920    8.9
       - Truck          4,331   4,301   -3.2   53,744   58,882   -9.0

       - Total Import  14,316  10,921   26.0  156,357  152,802    2.0

- Total Car            32,244  29,793    4.1  387,848  329,007   17.5
- Total Truck          16,438  20,330  -22.3  214,358  247,676  -13.8
- (Hawaii)(a)           1,035     767           6,229    5,194

Infiniti Division Total
 Sales                  8,830   6,100   39.2   79,820   65,453   21.5
- Total Car             7,767   4,356   71.4   64,027   48,228   32.3
- Total Truck           1,063   1,744  -41.4   15,793   17,225   -8.6
- (Hawaii)(a)              59      25             403      263

TOTAL IMPORT
       - Car           17,752  10,976   55.5  166,640  142,148   16.8
       - Truck          5,394   6,045  -14.2   69,537   76,107   -9.0
       - Total Import  23,146  17,021   30.8  236,177  218,255    7.8

TOTAL SALES
       - Car           40,011  34,149   12.7  451,875  377,235   19.4
       - Truck         17,501  22,074  -23.8  230,151  264,901  -13.4
       - Total Sales   57,512  56,223   -1.6  682,026  642,136    5.8

ALL NUMBERS INCLUDE HAWAII
(a) Hawaii is broken out separately for information only.