The first generation FairladyZ S30, also known as Datsun 240Z or Z-car, was rolled out in December 1969 and won a big market not only in Japan but in North America and other countries. This model was manufactured for nine years as a representative car of Nissan all over the world and its global sales was over 520,000 units, the best number on record for sport cars of a single model.

This car is the high performance Model Z432 on which S20 engine of an inline 6-cylinder 4-valve DOHC and 160ps is mounted. This engine is same as that of the third generation Skyline 2000GT-R (PGC10). 432 comes from the engine configuration of S20, i.e. 4 valves, 3 carburetors, and 2 camshafts.

The standard equipment included LSD (limited slip differential) and luxurious magnesium wheels appropriate for the flagship model. The sticker price was 1.85 million yen that was almost double of the basic Z-car.