text: difficult segment at the moment. 
  
  We have a great opportunity to build on the strengths 
  
  that we’ve demonstrated in North America over the past 
  
  four years. We have solid growth, and we continue to 
  
  establish the Nissan brand. We have new models that 
  
  continue to gain strength, such as the Murano, which has 
  
  done wonderful things for Nissan’s image in the market. On 
  
  the Infiniti side, we just launched the M45, the mid-size 
  
  luxury sedan that competes with the BMW 5 series. In the 
  
  first three months after its launch, the M45 is doing very 
  
  well. As we continue to establish Nissan brand recognition, 
  
  we also will continue to define Infiniti, because now we’re 
  
  strong with the M45, strong in the luxury crossover market 
  
  with the FX, and with the M we have a luxury sedan that 
  
  can compete with anything in its class. Infiniti is strong all 
  
  across the board. 
  
  Not having a new product launch in fiscal year 2005 
  
  might be seen as a risk, but the current models are strong 
  
  and selling well, and we’ll have a host of new models in 
  
  2006. Most of our risks in the coming year are from 