Nissan Motor Co. Ltd. plans to sell 1 million vehicles equipped with continuously variable transmissions annually by ’07, up from 250,000 in ’04. Nissan cites increased fuel economy and a smooth and responsive driving experience as reasons for the increase in production. The expansion effort will focus on the Japanese and U.S. markets, where Nissan is hoping to increase the proportion of CVT-equipped vehicles to 50% and 40%, respectively. CVT sales of 1 million would account for 24% of ...

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