The new Cima provides a gas mileage of 16.6 kilometers per liter under a new measuring system, which makes the sedan eligible for a subsidy and tax breaks under the government's incentive program to spur the purchase of environmentally friendly vehicles.
The suggested retail price of the new Cima ranges from 7.35 million yen to 8.4 million yen depending on its features.
The sedan will be manufactured at a factory in the town of Kaminokawa, Tochigi, Japan.
Nissan said it plans to sell 2,000 Cima units in the first business year and 1,000 each subsequent year.
Nissan said it has decided to revive the flagship model as a gasoline-electric hybrid carrying a 3.5-liter six-cylinder engine in response to calls for its revival from longtime Cima owners and salespeople at Nissan showrooms.
The automaker suspended Cima production in August 2010, citing the model's inability to clear stricter collision safety standards.
Nissan put on the market the first of a string of Cima models in 1988. The model was extremely popular, coining an expression "Cima Phenomenon" symbolizing robust consumption of luxury goods at the time.
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