News Releases 2003

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Corporate
Japan
September 25, 2003

Honda Overseas Production Up 1.9% In August

September 25, 2003 -- Honda Motor Co., Ltd., announced today that overseas production increased 1.9% in August over the same month in 2002, the 32nd consecutive month of growth in that category. 

Although global production was down by 10.5% for the month, it is up 1.7% compared to the first eight months of 2002. Overseas production for the same period was up 18.4% over the previous year, led by a 12.3% increase in the United States and a 64.8% increase in Asia. 

Domestic sales were down 14.9% in August, but the Fit was again the best-selling vehicle in Japan, totaling 11,140 units. Honda's Step-WGN (6,506 units) and Life mini-vehicle (7,703 units) were the other best-sellers for the month. 

Exports in August were down 2.0%, primarily because of decreased shipments to North America and Asia.

PRODUCTION, SALES, EXPORTS (August 2003)

PRODUCTION

Vehicle type August Annual Total-2003
Units
Vs.8/02
Units
Vs.2002
Domestic
73,659
-26.7%
754,234
-16.8%
Overseas (CBU only)
132,964
+1.9%
1,195,199
+18.4%
Worldwide Total *
206,623
-10.5%
1,949,433
+1.7%

*excludes overseas CKD

REGIONAL PRODUCTION

  August Annual Total-2003
Units
Vs.8/02
Units
Vs.2002
North America
95,528
-4.8%
836,542
+10.1%
(USA only)
68,659
-0.6%
575,429
+12.3%
Europe
9,955
-11.8%
121,146
+8.7%
Asia
23,182
+46.2%
195,736
+64.8%
Others
4,299
+42.4%
41,775
+118.3%
Regional Total
132,964
+1.9%
1,195,199
+18.4%

SALES

Vehicle type August Annual Total-2003
Units
Vs.8/02
Units
Vs.2002
Passenger Cars
& Light Trucks
31,766
-22.5%
328,738
-18.7%
(Imports)
(1,353)
+124.8%
(15,028)
132.6%
Mini Vehicles
17,051
+4.1%
152,778
-21.0%
Honda Brand TTL
48,817
-14.9%
481,516
-19.5%

EXPORTS

  August Annual Total-2003
Units
Vs.8/02
Units
Vs.2002
North America
21,072
-10.6%
165,976
-13.6%
(USA only)
19,918
-11.3%
147,215
-13.4%
Europe
6,749
+19.2%
81,406
+63.6%
Asia
1,621
-42.4%
13,705
-42.2%
Others
5,626
+50.6%
48,598
+20.4%
Total
35,068
-2.0%
309,685
+1.2%