Production, Domestic Sales, and Export Results for December and the 1998 Calendar Year

January 20, 1999

Production, Domestic Sales, and Export Results
for December and the 1998 Calendar Year

TOKYO --- Nissan Motor Co., Ltd. today announced its production, domestic sales, and export results for December and the 1998 calendar year.

Nissan's domestic production in calendar year 1998 totaled 1,551,813 units, down 10.1 percentage point from the year-ago level. Though the new products (such as new Skyline, Presage, Cube, new Datsun Pickup and new Safari) increased over the last year's volume, the other products went down. Overseas production last year decreased to 1,004,149 units. Domestic production in December recorded 122,338 units, down 5.9% from the previous year, due to the whole market's recession.

Nissan exported 705,730 units in calendar year 1998, up 2.0% from the previous year. Exports to Europe, the Middle East and Oceania (incl. Australia) increased last year. Exports in December increased 5.5% to 60,609 units, posting the second consecutive month of year-on-year growth. The above-mentioned three regions (Europe, the Middle East and Oceania ) much contributed to increase in Nissan's exports last December.

Domestic sales, including imported vehicles, in calendar year 1998 decreased 13.3% over the previous year to 903,572 units. However, Nissan increased its share 0.4% to 20.8% in calendar year 1998 over the previous year, because some of new products (such as Cube, new Skyline and Presage) have been sold successfully.

Production, Domestic Sales, and Exports Results
for December and the 1998 Calendar Year

* Domestic sales figures include sales of vehicles imported from Nissan's manufacturing companies overseas.

**Overseas production figures represent the output at offshore companies to which Nissan supplies components for local vehicle production, and do not include vehicles produced on a knockdown basis.