American Honda Extends Warranties on Select Automatic Transmissions

Torrance, Calif., September 20, 2002 --- American Honda Motor Co., Inc. announced today it will provide extended warranties on approximately 1.2 million Honda and Acura models equipped with automatic transmissions due to problems that may result in premature wear or failure. The extended warranty will cover affected transmissions for seven years or 100,000 miles. The standard bumper-to-bumper warranty for Honda vehicles is three years or 36,000 miles, while Acura vehicles are covered for four years or 50,000 miles. Vehicles covered by the extended warranty include: 2000 - 2001 Honda Accord, Odyssey and Prelude 2000 - 2002 and some 2003 Acura 3.2 TL 2001 - 2002 and some 2003 Acura 3.2 CL While only two percent of these vehicles have experienced these transmission problems, American Honda will provide extended transmission warranties on all potentially affected vehicles. "Our priorities are making sure our customers are taken care of and reassured they can continue to depend on their Honda or Acura automobile for a long time to come," said Tom Elliott, executive vice president for American Honda. There is usually plenty of warning to the driver that the transmission is not operating properly, such as slow or erratic shifting, giving them ample time to take the vehicle in for service. American Honda will notify all owners of eligible vehicles via mail in the coming weeks.