11

Aug. 22, 2006Nissan Motor Co., Ltd.

Yo UsubaSenior Vice President

Nissan CVT briefing(Continuously Variable Transmission)

22

1. The Powertrain concept2. The History of Nissan CVT and Plans for Future

Applications3. CVT Expansion in North America4. What is CVT?5. XTRONIC CVT6. CVT for 3.5L Engines7. Summary

Agenda

33

1. The Powertrain concept

44

1-1. The Powertrain concept

UltimateUltimatePowertrainPowertrain

CO2 reduction

Fuel EfficiencyEmission

Cleaner Emissions

Emotion

Performance power

55

Efficiency

Emotion

Emission

1-2. The Powertrain concept

Efficiency

Emotion

CVTCVT

66

2. The History of Nissan CVT and Plans for Future Applications

77

The History of Belt CVT

March(Micra)

March/CUBE TIIDACUBE

2nd Generation 3rd Generation1st Generation

MURANO

MAXIMA,ALTIMA（New-XTRONIC)

Primera LAFESTA

SENTRA（New-XTRONIC)

VERSA（XTRONIC)

Hyper-CVT XTRONIC-CVT

2-1. Changes in CVT

3.5L Use

2.0～2.5L Use

1.3～1.8L Use

FY91 FY96 FY01 FY06

88

FY04 FY05 FY06 FY07

Progress of CVT-Fitted Car Sales

1,000,000(plan)

250,000

■ By FY07, global sales expected to have quadrupled to about1 million units compared with FY04.

450,000

2-2. Progress of Nissan CVT Global Sales

99

■ Release of cars fitted with CVT to more than 100 countries in the future

Adopted in FY04 Adoption planned for FY07

2-3. Global Expansion

Teana（天籁） Maxima

Altima

Murano

1010

FY07

CVT CVTJapan

FY04

CVT

FY07

CVT

FY04

EuropeCVT

CVT

FY04 FY07

Denominator : AT and CVT

North America

FY07

CVT

FY04

CVT

4%

AT

30%

1% 24%

21% 54%

8%48%

GOM（includes China）

Ratio of Cars Fitted with CVT vs. AT

2-4. Adoption of Global Expansion

1111

FY07

CVT CVTJapan

FY04

CVT

FY07

CVT

FY04

EuropeCVT

CVT

FY04 FY07

Denominator : AT and CVT

North America

FY07

CVT

FY04

CVT

4%

AT

30%

1% 24%

21% 54%

8%48%

GOM（includes China）

Global

CVTAT

FY07

44％

Ratio of Cars Fitted with CVT vs. AT

2-4. Adoption of Global Expansion

1212

3. CVT Expansion in North America

1313

• JD Power: Results of '06 U.S. APEAL Survey

3-1. Comments from North American CVT Customers

Typical comments：- Very positive (good), no hesitation or downshift when going uphill- Feels more powerful because it operates much more smoothly

Source: JD PowerResults of '06 APEAL Survey

■ North American customers are extremely satisfied with CVT

25

26

27

28High Satisfaction

Level

27.9

26.926.6

26.3 26.2

NISSANMurano

CVT

Company BCVT

Company C 5-AT

Company A4-AT

Company A

4-AT

1414

（Internal survey result）

3-2. Comments from North American CVT Customers

Q：After purchasing a CVT fitted vehicle, which do you think has better performance: AT or CVT?

■ Levels of satisfaction were extremely high amongthose who purchased CVT

0%

20%

40%

60%

80%

SmoothDrivingSensation

Gear-ChangingPerformance

Silence Fuel Efficiency

Reliability Initial Acceleration

Exhaust Highway Gear-Changing

Good ATGood CVT

0%10%20%30%40%50%

SmoothDrivingSensation

Gear-ChangingPerformance

Silence Fuel

Efficiency

Reliability Initial Acceleration

Exhaust Highway Gear-Changing

a lowerprice?

Q：Before purchasing a vehicle, which did you think has better performance: AT or CVT?

1515

3-3. Plans for CVT Expansion in North America

Early 2006 Late 2006 Early 2007 Late 2007 Late 2005

Car

Sale

s ■ Expand sales of CVT-fitted vehicles sevenfold

in the North American market in FY06

3.5L CVT

2.0～2.5L CVT

1.3～1.8L CVT

×7

1616

3-4. JATCO Mexico CVT Plant

1717

4. What is CVT ?

1818

■ The CVT provides smooth and stepless ratio changes.4-1. What is CVT ?

Time0

ATCVT

En

gin

e R

evo

luti

on

s

1919

4-2. Special Features of CVT

Stepless shifting of gear ratios for enhanced driving pleasure and fuel efficiency

2020

■ CVT changes gears smoothly so cars consume fuel efficiently.

4-3. CVT Efficiency (Fuel) (1)

Engine Revolutions (rpm)

En

gin

e T

orq

ue

(N

m)

Optimum area of fuel efficiency ratio

AT

CVT

2121

■ AT can only use set gear ratios so large changes in engine revolutions means it is difficult to use fuel efficiently while driving.

4-3. CVT Efficiency (Fuel) (2)

CVT5AT

Car Speed

En

gin

e R

evo

luti

on

s

1 speed 2 speed

3 speed

4 speed

5 speed

Car Speed E

ng

ine R

evo

luti

on

s

Lowest

Highest

This area can be used

Limited to setgear ratios

Optimum area for efficient fuel consumption

2222

5. XTRONIC CVT

2323

XTRONIC CVT

2424

Efficiency

Emotional

EmissionEfficiency

Emotional

CVTCVT

Fuel Efficiency

5-1. Improved Fuel Efficiency (1)

2525

■ Further increasing the range of gear ratios for the XTRONIC CVT has created superb acceleration and increased fuel efficiency.

5-1. Improved Fuel Efficiency (2)

2626

(for 2.0～2.5L)

(for 1.3～1.8L)

Lafesta

(for 3.5L)Murano

Sentra

March/Cube Versa

Maxima/Altima

FY90 FY00 FY10

March

Primera

Cube Tiida

1st Generation 2nd Generation 3ｒd Generation

Gear

Rati

o R

an

ge

5.0

6.0

5.5

6.5

FY92

FY97

FY04

5A/T

6A/T

Murano

March

Primera

FY90 FY00 FY10

Cube

■ The gear ratio range for the third generation XTRONIC CVT expandedto 6.0

5-1. Improved Fuel Efficiency (3)

XTRONIC CVT

2727

100

■ Expanding the lockup area from conventional CVT models furtherimproves fuel efficiency

Car SpeedCar Speed

Thro

ttle

Op

en

ing

Th

rott

le O

pen

ing

(%

)(%

)

0

Conventional CVT lockup area

AT lockup area

Expanded lockup area

5-1. Improved Fuel Efficiency (4)

2828

Efficiency

Emotional

EmissionEfficiency

Emotional

CVTCVT

Smooth, Pleasant Drive

Fuel Efficiency

5-2. Improved Performance (1)

2929

5-2. Improved Performance (2)

Smooth, agile drive

Quality ofresponse

Linear response

Smoothness ofacceleration

2. Closely supervised gear change pattern

3. The optimum gear change pattern forpredicted customer acceleration needs

1. Improved gear change response

4. Natural acceleration sensation

3030

■ With an improved gear change control system, the time used to shift gears is greatly reduced.

1．Improved gear change response

5-2. Improved Performance (3)

3131

2. In all driving conditions, CVT provides a smooth gear change to suit customers' need for a more natural, powerful sensation of acceleration.

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng.Rev. (rpm)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng.Rev. (rpm)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng.Rev. (rpm)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng.Rev. (rpm)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

0

1000

2000

3000

4000

5000

6000

0 20 40 60 80 100 120 140 160 180 200Vsp (km/h)

Eng

.Rev

. (rp

m)

More than 1000 patterns!

3. CVT offers the optimum gear change pattern which predicts customers' need for acceleration on roads and driving conditions which are constantly changing.

Advanced shift control

Shift patternsVehicle Speed

Grade Force

Driver Operation

Turning condition

5-2. Improved Performance (4)

XTRONIC CVT(More than 10 patterns)

New XTRONIC CVT

3232

Time

Control of kicks

Natural acceleration geared to increasing engine revolutions wasrealized through the addition of a linear mode control system.

Continued sensationof acceleration

Sensation of accelerationincreasing with engine revolutions

4．Creating a natural sensation of acceleration

5-2. Improved Performance (5)

Engine revolutions

Rate of acceleration

XTRONIC CVT

New XTRONIC CVT

XTRONIC CVTNew XTRONIC CVT

3333

6. CVT for 3.5 L Engines

3434

■ The line-up of large capacity CVT for 3.5L engines 1.5L 3.5L2.0L

Tiida Serena MuranoＮｉｓｓａｎ

Ｔｏｙｏｔａ

Hｏｎｄａ

Audi

3.2L2.4L

A6A4

RAV4

OdysseyAirwave

Vits

6-1. Nissan CVT Line-up

Ford Freestyle

3535

■ Optimum hydraulic control technology

6-2. The Technology which made CVT Possiblefor 3.5 L Engines (1)

Offers a large power capacity for optimum clamping power (to clamp the belt) according to conditions

3636

■ Use of new oil

Use of special CVT oil enables CVT belt to operate smoothlywithout slipping

6-2. The Technology which made CVT Possiblefor 3.5 L Engines (2)

New oil

Conventional oil

3737

■ Use of a special surface treatment (shot peening) for pulleys

Pulley

6-2. The Technology which made CVT Possiblefor 3.5 L Engines (3)

When the surface hardens, it can withstand intense power

Shot peening methodShot peening is the process of cold forming the surface of a part by means of a propelled stream of round hardened steel shot.

3838

7. Summary

3939

■ Plans for future CVT

■ Benefits of CVT

Smooth, agile drive

Linear response 2. Closely supervised gear change pattern

3. The optimum gear change patternfor predicted customer accelerationneeds

Smoothness ofacceleration 4. Natural acceleration sensation

Low fuel efficiency1．Expanded gear ratio

2．Expanded lockup area

1. Improved gear change response Quality of response

1．Global expansion. “By FY07” 1 million in sales.

２．North Amrica expansion. Sevenfold in North American market in FY06

7-1. XTONIC CVT (1)

4040

EmissionEfficiency

Emotion

CVTCVT

7-2. XTONIC CVT (2)

Agile smooth performance

Low fuel efficiency

4141

Thank you for your kind attention.