In 1962, Prince introduced the second generation, "S40" Gloria. It was the first six-cylinder Prince, while also offering an updated straight-four, the 94 hp (70 kW) 1.9 L G-2. In June 1963, the first mass-produced Japanese SOHC six-cylinder engine was introduced, known as the G-7, and was installed in the new Gloria Super 6, model S41. The same engine was used in the Gloria 6 Estate and in a commercial delivery van called "Gloria 6 Wagon". This new engine produces 106 hp SAE (79 kW) at 5,400 rpm, with a new SOHC head. The Gloria has an independent suspension in front and a de Dion tube in the back.
In May 1964, the Grand Gloria S44P was released. Its introduction preceded the 1964 Summer Olympics held later in October. This vehicle included electric power windows and the 2.5 L engine. This was the first Gloria that was no longer regarded as a compact sedan under Japanese vehicle classification regulations due to the engine displacement exceeding two litres.
In 1966 the S41-2 series was introduced. The exterior remained the same from the S40-1 models, except the grille which had bigger rectangular slots.
At the same time Prince merged with Nissan and because of this the badges were changed. In non-Asian markets the cars were sold as the Prince B200. Many cars featured a small "Nissan" badge on the back. The data tag in the engine compartment mentioned both Prince and Nissan. In some European markets the Gloria was sold as the PMC-Mikado Gloria 6. The Super Gloria was sold in export markets as the Prince B250. The S41-2 series continued to use the low compression version of the G-7 engine and the S44-2 continued to use the G-11 engine. The four cylinder engine was dropped.