Dec 7, 2008

Nissan NV2500 Concept Makes World Debut - Previews Nissan's Entry Into U.S. Commercial Vehicle Market

Nissan North America, Inc. (NNA) (Nasdaq: NSANY) today unveiled the Nissan NV2500 Concept at a media event at its Nissan Technical Center North America's (NTCNA) Michigan headquarters. The NV2500 Concept provides an original take on Commercial Vehicle (CV) design, as well as providing a preview of Nissan's entry into the CV market in North America.

The Nissan NV2500 Concept offers fresh design and fresh thinking - including a 3-Zone interior and flexible utility and storage solutions. Its "wall-less" mobile office/workspace design includes a computer workstation, fold-down conference table, numerous storage compartments, cargo/tool tie-down racks, nearly six feet of interior height and an awning-style side panel that opens to create a standing outside workshop table. All elements of the interior are designed to be multi-functional and highly durable, able to stand up to the rigors of heavy use at a construction site or other real world locations.

In addition, making its North American debut was the Nissan NV200 Concept, another conceptual depiction of a potential future Nissan commercial vehicle product. The NV200 Concept, which was originally shown at the Tokyo Motor Show, represents a fuel-efficient, delivery-type van and mobile office in one. The NV200 Concept is a cab-forward design with a unique sliding cargo "pod" that extends from the rear to reveal an IT workspace and living quarters.

Nissan will enter the CV business in the United States in 2010 with a product lineup that will incorporate three new products being developed by Nissan specifically for the North American market. These products will be built at Nissan's manufacturing facility in Canton, Miss. Nissan is investing $118 million to expand Canton's production to manufacture CVs.

The new vehicles will be joined by commercial vehicles from Nissan's global CV lineup, creating a multi-segment CV lineup up to class 5 gross vehicle weight ratings (GVWR).

Nissan Commercial Vehicles (CV)
Nissan North America, Inc. is entering the CV business through a significant investment in North America as part of a global commitment to the CV segment. Nissan will forge partnerships with Cummins Inc. for the engines and ZF Friedrichshafen AG for the transmissions. The first Nissan commercial vehicle is scheduled to be launched in the first half of 2010.

Nissan In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program 2010, whose key priorities are reducing CO2 emissions, cutting other emissions and increasing recycling.

SOURCE Nissan North America, Inc.