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Nissan North America Reports April 2003 Sales

    GARDENA, Calif.--May 1, 2003--Nissan North America, Inc. (NNA) reported April total sales of 60,940 units for its Nissan and Infiniti divisions, a 4.2 percent decrease versus April of last year. NNA reports selling 236,835 units calendar year-to-date, a 5.4 percent decrease from last year at this time.

    INFINITI HIGHLIGHTS

-- Infiniti, the luxury division of NNA, finished its best April ever with sales of 8,872 units, a 10.2 percent increase from last April
-- FX sales remain consistent with last month, selling 2,111 units
-- The increasing product line for Infiniti contributed to a 33.3 percent increase in calendar year-to-date sales with 35,176 units sold

    NISSAN HIGHLIGHTS

    -- Nissan-brand sales for April totaled 52,068 units, a 6.3
    percent decrease from last April

    -- The all-new Nissan Maxima completed its first full month of
    sales in April, the nameplate had its best April ever with
    sales of 11,584 units

    -- Sales for Nissan-brand vehicles are down 9.9 percent calendar
    year-to-date with 201,659 units sold

    NNA INFORMATION

    -- Combined April sales for Nissan and Infiniti totaled 60,940
    units, a 4.2 percent decrease from last April

    -- Sales of NNA's North American produced vehicles for April
    totaled 35,198, representing 59.9 percent of all NNA vehicles
    sold in the United States

    -- Calendar year-to-date sales totaled 236,835 units, down 5.4
    percent

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


   INFINITI DIVISION SALES

                  April   April   Monthly     CYTD     CYTD   CYTD DSR
                   2003    2002     DSR       2003     2002  % Change
                                 % Change     
Infiniti
 Division Total   8,872   7,741      10.2%  35,176   26,386      33.3%
I35/I30           1,060   2,040     -50.0%   4,700    9,878     -52.4%
G35 Sport Sedan   2,830   3,286     -17.2%  11,039    5,433     103.2%
G35 Sport Coupe   1,756     N/A       N/A    7,783      N/A       N/A
M45                 282     N/A       N/A    1,347      N/A       N/A
Q45                 174     345     -51.5%     818    1,382     -40.8%
QX4                 659   1,122     -43.5%   3,323    5,666     -41.4%
FX                2,111     N/A       N/A    6,156      N/A       N/A
Total Car         6,102   6,619     -11.4%  25,697   20,720      24.0%
Total Truck       2,770   1,122     137.4%   9,479    5,666      67.3%


   NISSAN DIVISION SALES

                  April   April    Monthly    CYTD     CYTD   CYTD DSR
                   2003    2002     DSR       2003     2002  % Change
                                  % Change     
Nissan Division
 Total           52,068  53,431      -6.3% 201,659  223,848      -9.9%
Sentra            6,575   8,398     -24.7%  29,725   36,071     -17.6%
Altima           13,232  18,246     -30.3%  63,183   65,616      -3.7%
Maxima           11,584   7,904      40.9%  29,499   42,664     -30.9%
350Z              3,479     N/A       N/A   13,215      N/A       N/A
Total Car        34,872  34,548      -2.9% 135,759  144,363      -6.0%
Frontier          4,977   6,143     -22.1%  18,771   24,737     -24.1%
Xterra            4,695   6,098     -26.0%  18,516   26,267     -29.5%
Pathfinder        2,798   5,034     -46.6%  11,308   21,756     -48.0%
Murano            4,436     N/A       N/A   14,903      N/A       N/A
Quest               290   1,608     -82.7%   2,402    6,725     -64.3%
Total Truck      17,196  18,883     -12.4%  65,900   79,485     -17.1%
North American
 Produced        35,198  40,493     -16.4% 140,396  159,417     -11.9%
Car              25,236  26,644      -8.9% 100,707  101,688      -1.0%
Truck             9,962  13,849     -30.8%  39,689   57,729     -31.2%
Import           16,870  12,938      25.4%  61,263   64,431      -4.9%
Car               9,636   7,904      17.2%  35,052   42,675     -17.9%
Truck             7,234   5,034      38.2%  26,211   21,756      20.5%


   COMBINED NISSAN AND INFINITI SALES

                  April   April   Monthly     CYTD     CYTD   CYTD DSR
                   2003    2002     DSR       2003     2002  % Change
                                 % Change     

TOTAL VEHICLE    60,940  61,172      -4.2% 236,835  250,234      -5.4%
Total Car        40,974  41,167      -4.3% 161,456  165,083      -2.2%
Total Truck      19,966  20,005      -4.0%  75,379   85,151     -11.5%
Selling Days         26      25                101      101

All numbers include Hawaii. Percent changes based on DSR.