Nissan Announces Lowest-Priced New Car in Canada*

New, 2009 Versa Sedan 1.6 Features $12,498 MSRP, Excellent Fuel Economy, Roominess, Quality and Reliability; Available at Dealers December 1st. (CNW Group/Nissan Canada Inc.)

- New, 2009 Versa Sedan 1.6 Features $12,498 MSRP, Excellent Fuel
      Economy, Roominess, Quality and Reliability; Available at Dealers
      December 1st -MISSISSAUGA, ON, Nov. 13 /CNW/ - Nissan Canada, Inc. (NCI) today
announced the launch of a totally repositioned Nissan Versa Sedan, which
features a starting Manufacturer's Suggested Retail Price (MSRP)(*) of $12,498(*)
(excluding Freight and PDE charges). The new Versa Sedan focuses squarely on
value and fuel economy, with its standard 107-horsepower DOHC 16-valve,
1.6-litre, 4-cylinder engine delivering responsive performance and a 5.8
L/100km Highway fuel economy rating (with the 5-speed manual transmission).
    The Versa 1.6 Sedan goes on sale at Nissan dealers nationwide beginning
December 1st, 2008.
    "Starting at $12,498, this new Versa 1.6 Sedan has the lowest MSRP in
Canada, by more than $700, and is more than $1,000 lower than any 4dr Sedan."
said Jeff Parent, Vice President, Sales and Marketing, NCI. "But a low price
is really only half the news. Nissan Canada is bringing in a full range of
Versa 1.6 sedans including a base vehicle and a Value Option Package model
that is unique to Canada."
    The Value Option Package includes A/C, power windows, heated power
mirrors and remote keyless entry among other features. And, there is no
compromise on safety. The Versa 1.6 Sedan is equipped with six standard
airbags, including front-seat and side-curtain airbags.
    Since its introduction in 2006, Nissan Versa has enjoyed strong demand in
the marketplace particularly with buyers seeking fuel efficiency without
sacrificing quality, comfort or roominess. The Versa offers the largest
interior in the entry-level segment - along with excellent quality,
reliability and durability.
    The new, high-value Versa 1.6 Sedan features a smaller displacement
1.6-litre engine (versus the 1.8-litre on the Hatchback), standard 5-speed
manual transmission, with a 4-speed automatic transmission is also available.
Fuel economy with the 5-speed manual is rated at 7.7 L /100 km city - 5.8 L
/100 km highway, and 7.8 L /100 km city - 5.9 L /100 km highway with the
4-speed automatic.
    In repositioning Versa for 2009MY, the 1.6L Sedan joins the 5dr
Hatchback. The Hatchback, starting at $13,598, comes with a standard 1.8L
engine and is available in both S and SL trims. The Hatchback has a 6spd
Manual transmission standard and an optional 4spd automatic or an Xtronic CVT
is available.
    "The Versa is Nissan's best selling product in Canada," said Parent, "The
launch of this Versa 1.6 Sedan shows how Nissan is working to bring value and
choice to Canadians consumers in the entry-level market place."

    Nissan Canada Inc. (NCI) is the Canadian sales, marketing and
distribution subsidiary of Nissan Motor Limited and Nissan North America, Inc.
With offices in Vancouver (BC), Mississauga (ON), and Kirkland (QC), NCI
directly employs 250 full-time staff. There are 150 independent Nissan
dealerships and 29 Infiniti retailers across Canada. 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. More information about Nissan in Canada and the complete line of
Nissan and Infiniti vehicles can be found online at www.Nissan.ca and
www.infiniti.ca(*) Based on Manufacturer's Suggested Retail Price (MSRP) of $12,498 for
    the new, 2009 model year Versa 1.6 Sedan. Claim based on competitive
    MSRP's for new, model year 2009 vehicles. MSRP excludes license,
    registration, insurance, duties and applicable taxes. All prices are
    subject to change without notice. Retailer may sell for less.


    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/
For further information: Media contact: Didier Marsaud, Corporate
Manager, Corporate Communication, Nissan Canada Inc.,
didier.marsaud@nissancanada.com, (905) 629-6400; Rebecca Lucas, Cohn & Wolfe,
rebecca.lucas@cohnwolfe.ca, (647) 259-3275