News Releases 2003

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Corporate
Japan
October 24, 2003

Honda Overseas Production Up 19.7% In September

October 24, 2003 -- Honda Motor Co., Ltd., announced today that overseas production increased 19.7% in September over the same month in 2002, the 33rd consecutive month of growth in that category. Global production was up 3.4% for the month. 

For the first nine months of 2003, overseas production was up 18.6%, led by a 12.6% increase in the United States and a 64.2% increase in Asia. 

Domestic sales were down 24.8% in September. Fit again was again the best-selling vehicle for Honda in Japan, totaling 14,420 units. Honda's Life mini-vehicle (12,737 units) and Step-WGN (11,000 units) were the other best-sellers for the month. 

Exports in September were down 6.6%, the third straight month of decline, because of decreased shipments to North America and Asia.

HONDA PRODUCTION, SALES AND EXPORTS – SEPTEMBER 2003

PRODUCTION

  September Annual Total-2003 Fiscal Year** Total
Units
vs.9/02
Units
Vs.2002
Units
vs.’02FY
Domestic
105,561
-14.1%
859,784
-16.5%
550,646
-19.7%
Overseas (CBU only)
157,263
+19.7%
1,352,464
+18.6%
887,157
+14.9%
Worldwide Total *
262,824
+3.4%
2,212,248
+1.9%
1,437,803
-1.4%

* excludes overseas CKD
**(04/2003 ~ 09/2003)

REGIONAL PRODUCTION

  September Annual Total-2003 Fiscal Year** Total
Units
vs.9/02
Units
Vs.2002
Units
vs.’02FY
North America
106,553
+14.9%
943,095
-14.3%
+10.6%
+5.9%
(USA only)
71,871
+15.1%
647,300
-14.2%
+12.6%
+6.9%
Europe
16,485
+19.7%
47,644
+60.8%
+6.8%
-0.9%
Asia
28,356
+60.3%
224,094
-41.8%
+64.2%
+63.1%
Others
5,869
+62.1%
137,631
+22.5%
+109.4%
+133.0%

SALES

Vehicle type September Annual Total-2003 Fiscal Year** Total
Units
vs.9/02
Units
Vs.2002
Units
Vs.2002
Passenger Cars
& Light Trucks
44,002
-20.2%
372,740
-18.9%
217,482
-25.7%
(Imports)
(1,606)
+134.1%
(16,634)
+132.7%
(11,156)
+150.6%
Mini Vehicles
22,209
-32.5%
174,987
-22.7%
>112,948
-22.8%
Honda Brand TTL
66,211
-24.8%
547,727
-20.1%
330,430
-24.7%

EXPORTS

  September Annual Total-2003 Fiscal Year** Total
Units
vs.9/02
Units
Vs.2002
Units
vs.’02FY
North America
21,796
-18.9%
187,772
-14.3%
127,600
-14.2%
(USA only)
19,459
-19.3%
166,674
-14.2%
114,206
-13.0%
Europe
4,691
+23.5%
86,097
+60.8%
52,807
+35.4%
Asia
1,399
-37.0%
15,104
-41.8%
10,479
-46.9%
Others
9,102
+35.5%
57,700
+22.5%
41,543
+22.3%
Total
36,988
-6.6%
346,673
+0.3%
232,429
-3.8%