text: brand image high, while building customer loyalty, selling 
  
  cars and reducing inventory. 
  
  Calendar year 2005 looks very promising to us. The 
  
  Teana has been a tremendous success, winning 12 
  
  awards—including Car of the Year for 2005 in China—and 
  
  helping solidify Nissan’s reputation for quality. The car 
  
  continues to sell well, and opens the door for five models 
  
  that will be launched in fiscal 2005: the Tiida sedan in 
  
  April; Fuga in June; Quest in August, which is imported 
  
  from the U.S.; the Tiida in the second half along; and the 
  
  350Z in calendar year 2006. The Tiida has already won 
  
  two awards at the Shanghai Motor Show for best new 
  
  model and roominess, and answers the strong demand in 
  
  China for fuel efficiency. 
  
  In June 2005, the China State Administration for 