News Releases 2003

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Corporate
Japan
December 25, 2003

Honda Overseas Production Up 5.5% In November

December 25, 2003 -- Honda Motor Co., Ltd., announced today that overseas production grew 5.5% in November, mostly because of increased output in Asia. It was the 35th consecutive month of overseas production increases at Honda. For the first 11 months of 2003, overseas production is up 17.8%, predominantly due to a surge of 59.2% in Asia-based production. 

November’s domestic sales fell 22.1% overall, but sales of mini-vehicles were up 18.5%, the second consecutive monthly increase. Honda's Life mini-vehicle (17,692 units) was the best seller, followed by Fit (11,116), the new Odyssey (6,643 units). 

Exports in November were down 19.9%, the fifth straight month of decline, because of decreased shipments to North America.

PRODUCTION, SALES, EXPORTS (November 2003)

PRODUCTION

  November Annual Total‐2003
Units
Vs.11/02
Units
Vs.2002
Domestic
102,480
-15.6%
1,069,350
-15.9%
Overseas (CBU only)
144,635
+5.5%
1,659,160
+17.8%
Worldwide Total *
247,115
-4.4%
2,728,510
+1.8%

*excludes overseas CKD

REGIONAL PRODUCTION

  November Annual Total‐2003
Units
Vs.11/02
Units
Vs.2002
North America
94,560
-2.1%
1,151,162
+10.9%
(USA only)
61,607
-3.8%
787,126
+12.3%
Europe
16,712
-2.3%
170,660
+3.9%
Asia
26,536
+43.2%
276,284
+59.2%
Others
6,827
+40.6%
61,054
+87.0%
Total
144,635
+5.5%
1,659,160
+17.8%

SALES

Vehicle type November Annual Total‐2003
Units
Vs.11/02
Units
Vs.2002
Passenger Cars
& Light Trucks
32,928
-39.1%
440,389
-21.2%
(Imports)
(906)
+97.4%
(18,886)
+133.7%
Mini Vehicles
26,821
+18.5%
233,214
-12.8%
Honda Brand TTL
59,749
-22.1%
673,603
-18.5%

EXPORTS

  November Annual Total‐2003
Units
Vs.11/02
Units
Vs.2002
North America
16,907
-38.8%
224,689
-17.4%
(USA only)
15,803
-34.5%
199,710
-17.4%
Europe
8,313
+58.2%
102,588
+58.6%
Asia
2,391
-1.5%
18,636
-38.5%
Others
9,146
-13.7%
76,777
+17.8%
Total
36,757
-19.9%
422,690
-2.2%