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Turnng Pontsii February 1992 Nissan R91CP achieves overall victory at Rolex 24 at Daytona (the 1992 24 Hours of Daytona race) October 1992 Cumulative domestic sales surpass March 1995 Vehicle production at February 1998 Cube Model Z10 March 1999 Nissan and Renault sign agreement for global Alliance, including equity participation Nissan’s 90-year History OverviewMay 1997 Elgrand Model E50Fully remodeled for first time in nine years to global acclaimJanuary 1992 March Model K11September 1995 Terrano Model R50February 1998 Cube Model Z10January 1992 March Model K1130 million units March 1993 Zhengzhou Nissan Automobile Co., Ltd. (ZNA) establishedJanuary 1994 Production begins at Iwaki PlantZama Plant ceasesApril 1995 Nissan develops world’s first BirdView™ navigation system September 1995 Terrano Model R50 October 1996 Cumulative overseas production surpasses 10 million unitsMay 1997 Nissan Motor Manufacturing Corporation U.S.A. commences production at new engine and transmission plant May 1997 Elgrand Model E50June 1999 TransTechnology Ltd. establishedJuly 1999 Cumulative exports surpass 30 million units October 1999 Nissan unveils Nissan Revival Plan (NRP)The progress of globalization and other factors triggered industry reorganization on a global scale, resulting in a series of cross-border mergers and business alliances among automakers. In the late 1990s, Nissan faced a business crisis due to sluggish sales following the bursting of Japan’s bubble economy that prompted it to enter into a strategic capital Alliance with French auto-manufacturer Renault in March 1999. Representative models from this era include the Serena minivan and the Cube, which was a huge hit for its innovative usability.121992-1999