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Nissan North America Reports July Sales

GARDENA, Calif.--Aug. 3, 2004--Nissan North America, Inc. (NNA) reported its best month ever with July total sales of 93,297 units for its Nissan and Infiniti divisions, a 31.0 percent increase versus July of last year.

NISSAN HIGHLIGHTS

-- July sales for Nissan-brand vehicles were up 34.9 percent when compared to last July, with 80,935 units sold

-- Titan sales continue to increase month-by-month with July sales of 8,726 units, a 6.2 percent increase from June

-- Calendar year-to-date sales are up 28.3 percent with 491,410 units sold

INFINITI HIGHLIGHTS

-- Sales for Infiniti, the luxury division of NNA, increased 10.1 percent from last July, with 12,362 units sold

-- This was the best July ever for G35 Sedan and FX with 3,921 and 2,717 units sold respectively

-- Calendar year-to-date sales are up 11.3 percent with 74,672 units sold

NNA INFORMATION

-- Combined July sales for Nissan and Infiniti totaled 93,297 units, a 31.0 percent increase from last July

-- Calendar year-to-date sales are up 25.7 percent with 566,082 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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                  July    July   Monthly     CYTD     CYTD   CYTD DSR
                                    DSR
                  2004    2003   % Change   2004     2003    % Change
----------------------------------------------------------------------
Nissan Division
 Total           80,935  57,786      34.9% 491,410  378,858      28.3%
----------------------------------------------------------------------
Sentra            9,162   7,039      25.3%  66,927   54,480      21.5%
----------------------------------------------------------------------
Altima           22,933  18,536      19.1% 139,632  119,221      15.8%
----------------------------------------------------------------------
Maxima            7,277   7,356      -4.7%  42,884   54,505     -22.2%
----------------------------------------------------------------------
350Z              2,578   3,073     -19.2%  19,417   22,576     -14.9%
----------------------------------------------------------------------
Total Car        41,950  36,004      12.2% 268,860  250,921       6.0%
----------------------------------------------------------------------
Frontier          7,010   5,498      22.8%  40,696   35,246      14.2%
----------------------------------------------------------------------
Xterra            6,112   6,535      -9.9%  39,278   37,681       3.1%
----------------------------------------------------------------------
Pathfinder        3,334   3,402      -5.6%  16,821   20,680     -19.6%
----------------------------------------------------------------------
Murano            5,593   5,027       7.1%  32,548   30,218       6.5%
----------------------------------------------------------------------
Quest             4,657   1,320     239.7%  30,448    4,112     632.2%
----------------------------------------------------------------------
Armada            3,553     N/A       N/A   19,716      N/A       N/A
----------------------------------------------------------------------
Titan             8,726     N/A       N/A   43,043      N/A       N/A
----------------------------------------------------------------------
Total Truck      38,985  21,782      72.3% 222,550  127,937      72.0%
----------------------------------------------------------------------
North American
 Produced        69,429  46,032      45.2% 422,599  279,226      49.7%
----------------------------------------------------------------------
Car              39,371  32,679      16.0% 249,418  202,187      22.0%
----------------------------------------------------------------------
Truck            30,058  13,353     116.8% 173,181   77,039     122.3%
----------------------------------------------------------------------
Import           11,506  11,754      -5.7%  68,811   99,632     -31.7
----------------------------------------------------------------------
Car               2,579   3,325     -25.3%  19,442   48,734     -60.5%
----------------------------------------------------------------------
Truck             8,927   8,429       2.0%  49,369   50,898      -4.1%
----------------------------------------------------------------------

INFINITI DIVISION SALES
----------------------------------------------------------------------
                  July    July   Monthly     CYTD     CYTD   CYTD DSR
                                    DSR
                  2004    2003  % Change     2004     2003   % Change
----------------------------------------------------------------------
Infiniti Division
 Total           12,362  10,816      10.1%  74,672   66,345      11.3%
----------------------------------------------------------------------
I35               1,125   1,213     -10.7%   7,205    8,450     -15.7%
----------------------------------------------------------------------
G35 Sport Sedan   3,921   3,076      22.7%  24,603   20,138      20.8%
----------------------------------------------------------------------
G35 Sport Coupe   2,859   3,106     -11.4%  17,260   16,242       5.1%
----------------------------------------------------------------------
M45                 292     523     -46.2%   1,315    2,484     -47.6%
----------------------------------------------------------------------
Q45                 200     209      -7.9%   1,169    1,373     -15.8%
----------------------------------------------------------------------
QX4                   1     305     -99.7%       9    4,660     -99.8%
----------------------------------------------------------------------
QX56              1,247     N/A       N/A    5,975      N/A       N/A
----------------------------------------------------------------------
FX                2,717   2,384      10.0%  17,135   12,988      30.5%
----------------------------------------------------------------------
Total Car         8,397   8,127      -0.5%  51,553   48,687       4.7%
----------------------------------------------------------------------
Total Truck       3,965   2,689      42.0%  23,119   17,648      29.5%
----------------------------------------------------------------------

COMBINED NISSAN AND INFINITI SALES
----------------------------------------------------------------------
                  July    July   Monthly     CYTD     CYTD   CYTD DSR
                                    DSR
                  2004    2003  % Change     2004     2003   % Change
----------------------------------------------------------------------
TOTAL VEHICLE    93,297  68,602      31.0% 566,082  445,203      25.7%
----------------------------------------------------------------------
Total Car        50,347  44,131       9.9% 320,413  299,618       5.8%
----------------------------------------------------------------------
Total Truck      42,950  24,471      69.0% 245,669  145,585      66.9%
----------------------------------------------------------------------
Selling Days         27      26                180      178
----------------------------------------------------------------------

Calendar year to date sales for 2004 include sales of one Infiniti G20
from June of 2004.

All numbers include Hawaii. Percent changes based on DSR.