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Nissan North America Reports January Sales

    GARDENA, Calif.--Feb. 3, 2003--Nissan North America, Inc. (NNA) reported January total sales of 55,209 units for its Nissan and Infiniti divisions, a 1.2 percent increase versus January of last year.

    INFINITI HIGHLIGHTS

-- Infiniti, the luxury division of NNA, saw its best January ever with sales of 7,693 units
-- The 2003 Infiniti G35 Sport Sedan and G35 Sport Coupe, contributed most to the increase with total combined sales of 4,743 units
-- The all new 2003 Infiniti FX45 SUV went on sale in late January and 326 units were sold

    NISSAN HIGHLIGHTS

    -- Nissan-brand sales for January totaled 47,516 units, a 4.1
    percent decrease from the previous January

    -- January marked the seventh straight record month for the
    Nissan Altima mid-size sedan with sales of 15,425 units, up
    12.7 percent

    NNA INFORMATION

    -- Combined January sales for Nissan and Infiniti totaled 55,209
    units, a 1.2 percent increase versus last year

    -- Sales of NNA's North American-produced vehicles for January
    totaled 33,037, representing 57.1 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

                          January January Monthly CYTD   CYTD   CYTD
                            2003    2002   DSR %  2003   2002   DSR %
                                           Chg.                  Chg.

Infiniti Division Total    7,693   4,985    54.3% 7,693  4,985   54.3%
    I35/I30                1,170   2,569   -54.5% 1,170  2,569  -54.5%
    G35 Sport Coupe        2,269       0     N/A  2,269      0    N/A
    G35 Sport Sedan        2,474       0     N/A  2,474      0    N/A
    M45                      320       0     N/A    320      0    N/A
    Q45                      234     349   -33.0%   234    349  -33.0%
    QX4                      892   1,117   -20.1%   892  1,117  -20.1%
    FX45                     326       0     N/A    326      0    N/A
    Total Car              6,475   3,868    67.4% 6,475  3,868   67.4%
    Total Truck            1,218   1,117     9.0% 1,218  1,117    9.0%


                         NISSAN DIVISION SALES

                        January January Monthly  CYTD    CYTD   CYTD
                          2003    2002    DSR %  2003    2002   DSR %
                                          Chg.                   Chg.

Nissan Division Total   47,516  49,549    -4.1% 47,516  49,549   -4.1%
    Sentra               7,581   8,010    -5.4%  7,581   8,010   -5.4%
    Altima              15,425  13,682    12.7% 15,425  13,682   12.7%
    Maxima               5,209   9,242   -43.6%  5,209   9,242  -43.6%
    350Z                 3,572       0     N/A   3,572       0    N/A
Total Car               31,811  30,934     2.8% 31,811  30,934    2.8%
    Frontier             4,397   5,320   -17.3%  4,397   5,320  -17.3%
    Murano               2,734       0     N/A   2,734       0    N/A
    Xterra               4,850   6,446   -24.8%  4,850   6,446  -24.8%
    Pathfinder           2,940   5,292   -44.4%  2,940   5,292  -44.4%
    Quest                  784   1,557   -49.6%    784   1,557  -49.6%
Total Truck             15,705  18,615   -15.6% 15,705  18,615  -15.6%
North America Produced  33,037  35,015    -5.6% 33,037  35,015   -5.6%
    Car                 23,006  21,692     6.1% 23,006  21,692    6.1%
    Truck               10,031  13,323   -24.7% 10,031  13,323  -24.7%
Import                  14,479  14,534    -0.4% 14,479  14,534   -0.4%
    Car                  8,805   9,242    -4.7%  8,805   9,242   -4.7%
    Truck                5,674   5,292     7.2%  5,674   5,292    7.2%


                  COMBINED NISSAN AND INFINITI SALES

                        January January Monthly   CYTD    CYTD   CYTD
                          2003    2002   DSR %    2003    2002   DSR %
                                          Chg.                   Chg.

TOTAL VEHICLE           55,209  54,534     1.2% 55,209  54,534    1.2%
Total Car               38,286  34,802    10.0% 38,286  34,802   10.0%
Total Truck             16,923  19,732   -14.2% 16,923  19,732  -14.2%
Selling Days                25      25              25      25

* Note: Total NNA and Infiniti sales include 8 G20's not shown on the
report

All numbers include Hawaii. Percent changes based on DSR.