Welcome back to the story of The Nissan Z car. After making a little announcement of the all-new 2013 Nissan Pathfinder, we return where we left off. In the last chapter we discussed the 300ZX and the fate that it took after an inflation in price, leaving us where we begin today.
As of 1997 the Nissan Z car had been lost. A financial crunch, large inflation, and interest in SUVs caused Nissan to set the Nissan Z on the back burner. The Z took a five year hiatus. But during this hiatus Nissan attempted to keep interest alive in the Z by launching a restoration program in 1998, in which they would purchase original 240Zs, professionally restore them, and then resell them at dealerships for roughly $24,000.
Then in 1999, Nissan released the 240Z concept at the 1999 North American International Auto Show. It was an obvious throwback to the original, orange, two-seater with classic swept back styling. Unlike most Concepts, this one was fully functional, with a 2.4-Liter 4-cylinder engine from the Nissan 240SX featuring 200 HP and 180 LB-Ft Torque. The concept never made it past that point, as the smaller engine size couldn’t match up to the V6 that was traditional to the Z car.
Shortly after, the French company Renault bought most of Nissan’s stock and only two years later in 2001 Carlos Ghosn became CEO telling reporters that “We will build the Z. And we will make it profitable.”
Thus introduced the New Z concept. And sadly the new concept will not be revealed until next time. So stay tuned to see the Return of the Nissan Z.