It's so pathetically bland. Hopefully it'll still beat the yarbles off the Si Sedan. Press conference Good morning and welcome to the newest release of "SHIFT_ 2.0... the next generation of Nissan thinking." You see in front of you a couple of strong examples of our continuing efforts to make the Nissan lineup one of the freshest and most exciting in the industry. Already for the 2007 model year we've introduced a refined Quest and Maxima, all-new Versa and Sentra, and our all-new Altima and Altima Hybrid. Now, we're expanding the Sentra and Altima lines with the upcoming intros of the 2007 Sentra SE-R and 2008 Altima Coupe. Let's take a closer look at each... Probably the best way to explain the new Sentra SE-R is this - 200 horsepower, 180 pounds-feet of torque. When Nissan first launched Sentra SE-R in 1991, it helped pioneer the idea of a "sport compact car"... high performance at an affordable price. With the arrival of the all-new 2007 Sentra SE-R, we're back for more... more power, more performance and more technology than ever before. You know, among enthusiasts, there's been a holy grail of "100 horsepower-per-liter of displacement." But we think we have a better performance formula - "200 for 20"... as in 200 horsepower for around $20,000, which is the SE-R's target price... offering what we believe is the most horsepower... for the lowest price... in the sport compact segment. With the new, larger platform provided by the all-new Sentra, we also have the quality, size, features and refinement to appeal to a wider range of customers than ever before. That's not to say we're moving away from the sport compact core audience - which is primarily young, single males whose cars are an important part of their lifestyles. The SE-R hits this target dead center. But there are differences within the sport compact audience, mostly their intensity - which is one reason we're again offering two levels of SE-R. The base SE-R comes with a performance-tuned CVT transmission and standard paddle shifters. It's designed for drivers who clearly demand more performance than "normal" sedans offer. For others, their cars are central to their lives. They hang out with fellow enthusiasts, they memorize the "tuner" magazines, and they drive their cars to the performance limit. The SE-R Spec V is the car for them. On top of the SE-R's extensive list of standard performance equipment, the Spec V adds 23 more horsepower, a close-ratio 6-speed manual transmission, more aggressive brakes and available limited slip differential, and sportier suspension. For both SE-R and Spec V, we invested our resources in the engine & drivetrain and in refining the handling and NVH. The engineers conducted chassis development at the famed Nurburgring... and they say it felt right at home there cruising at 200-plus kilometers; because of its suspension tuning and engine perfectly matching the size and weight of the vehicle, just as intended. We think you're going to love this new SE-R. It goes on sale in March 2007. I guess by comparison, the new Altima Coupe is the "beauty" to the SE-R's "beast." Without question, the Altima Coupe adds a new dimension in a dynamic 2007 Altima model range that now offers customers a choice of V6, 4-cylinder or Hybrid Sedan. This Altima Coupe is built on an incredible foundation, the Altima Sedan, including its highly acclaimed "D" platform, class-leading handling and award-winning engines. Rather than talk about the similarities, I'd like to focus on the differences. Coupe customers are different. Their needs are different, and their priorities are different. As such, Nissan believes their Coupes should have more differentiation than just two less doors. Altima Coupe has a shorter wheelbase, a reduced rear overhang and lower height. In fact, it has greater dimensional differences from the sedan model than the Accord and Camry Coupes... and nearly all exterior panels are different from the Sedan . More than just body panels, the Altima Coupe has a distinctive style of its own -? definitely "coupe done right." The Coupe's driver-oriented interior offers unique front seat design and greater seat functionality. But this Coupe is about much more than just its attractive body and cockpit. It offers exhilarating driving pleasure, with the same class-leading dynamic performance as the new Altima Sedan - with a better feel and quicker response because of its shorter wheelbase and lighter weight. The Coupe will be offered with a choice of V6 or 4-cylinder powerplants supported by our advanced CVT or 6-speed manual transmission. The Altima Coupe, like the Sedan , also offers outstanding quality... excellent fuel economy... and innovative features. As a pure coupe, this newest member of the Altima lineup extends Altima's - and Nissan's - appeal to a new class of buyers. It's an upscale design, offering fun-to-drive performance and head-turning style. In other words, a true Nissan. The new Altima Coupe will be available starting in summer 2007 as a 2008 model. In 1999, Nissan's product lineup consisted basically of six models. Today there are 15, counting variations such as Crew Cab trucks and the Z Coupe and Roadster. The new Sentra SE-R and Altima Coupe bring that total to 17 - almost tripling our lineup since the start of this decade. Nissan North America sales now surpass one million units per year. And the momentum will continue. Versa came roaring into (and out of) our dealerships this summer... Also the new Sentra arrived in October and the new Altima went on sale on 28 days ago. Nissan Division sales were up 9.6% in October and November is tracking extremely strong... and, we're projecting significant increases for the second half of our fiscal year, which ends in March. How important are Sentra and Altima? The combined annual volume of the full range of these next generation vehicles should exceed 400,000 units. We believe these new designs have the attributes, value and performance to hit that number. And the Sentra SE-R and Altima Coupe we'll add the proverbial icing on the cake. But that's not all. In early January at the North American International Auto Show in Detroit, we're going to debut another segment-buster... a new compact crossover SUV we're calling the Nissan Rogue. We also will have a dramatic new concept vehicle to show as well... one that represents another innovative "SHIFT_." I hope you'll join us in Detroit . And now please come up for a closer look at the new SE-R and Altima Coupe. Thank you.