Nissan Reports Production, Sales and Export Results for January 2008

TOKYO, February 26, 2008 – Nissan Motor Co., Ltd. today announced production, sales and export figures for January 2008.

1.Production
Nissan’s global production grew 13.8% year-on-year to 316,172 units, making an all-time record for the month of January.

In Japan, the new Nissan X-Trail, Nissan Tiida, new export model Nissan Rogue (launched in September in North America) and new Infiniti EX (launched in December in North America) contributed to increased production. Total domestic production grew 26.1% to 115,748 units, compared to the year prior.

Overseas production rose 7.8% year-on-year to 200,424 units, making a record production month for plants worldwide.

In the US, the Altima coupe contributed to a year-on-year production increase of 5.7% to 63,981 units.

Production in Mexico fell 19.3% year-on-year to 38,701 units.

In the UK, the Qashqai (Dualis in Japan) led a production growth of 37.6% year-on-year to 34,726 units.

Production in Spain grew 12.6% year-on-year to 20,512 units.

Production in other regions rose 24.8% year-on-year to 42,504 units, mainly due to demand for the Livina series which launched first in China in 2007, followed by Indonesia, Malaysia, Taiwan and South Africa. Increased production of the Frontier Navara in Thailand and Bluebird Sylphy in China also contributed to these results.

2.Sales
In Japan, Nissan’s registrations in January were up 10.5% from the previous year to 44,664 units due to strong demand for the new X-Trail and Dualis, the Serena, the Fuga and the Note. Domestic sales of mini-vehicles dropped 13.0% year-on-year to 10,696 units. Including mini-vehicles, Nissan sold 55,360 units in Japan, up 5.0% year-on-year.

The company’s share of the domestic market registrations in January was up 1.2 percentage points year-on-year to 18.5%, while the corresponding market share including mini-vehicles rose 0.5 percentage points to 14.7%.

Sales of new vehicles in the US decreased 7.3%* year-on-year to 76,605 units despite favorable sales of the new Rogue and Versa.

In Europe, strong performance from the Qashqai, X-Trail and Note continued to boost Nissan sales to 50,542 units, exceeding the previous year by 71.9%.

*US sales: -7.3% after equivalent adjustment for actual days of selling in January.

3.Japan Exports
Nissan’s exports in January grew 67.9% to 72,796 units year-on-year.
Exports to North America rose 72.3% year-on-year to 38,020 units.
Exports to Europe increased 110.2% year-on-year to 5,249 units.

Source: Nissan