November 21, 2000

Nissan Motor and Nissan Diesel to supply Renault with Diesel engine

Nissan Motor, Nissan Diesel and Renault announced a long term agreement today for Nissan Motor and Nissan Diesel to supply diesel (ZD) engines to Renault and Renault VI beginning in spring of 2003. Under the agreement, production of the ZD engine will double as Renault and Renault VI purchase approximately 30,000 engines a year. These come in addition to the approximately 30,000 engines currently supplied to Nissan Motor.

Renault and Renault VI will utilize the engines in their range of light commercial vehicles (LCV). The ZD, 4-cylinder, 3 litter class Diesel engine with direct injection represents state-of-the art engine technology in term of noise, vibration and harshness suppression as well as fuel consumption reduction. The engine fitted on Renault products will be equipped with the common rail system and offer horsepower output with a range from 120 to 160 bhp. Nissan currently use the engine in vehicles including the Terrano, Elgrand and Safari/Patrol.

This long term agreement is consistent with the global cross support strategy pursued by Renault and Nissan.

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