Honda-The Power of Dreams
Domestic Production and Sales on the Rise in April

Tokyo, May 27, 2004 – Honda Motor Co., Ltd. today announced production, Japanese domestic sales and export results for the month of April 2004, the first month of the new fiscal year.

Both domestic and overseas production increased in April compared to the same month last year. Domestic production increased approximately 8% due primarily to increased domestic sales.  Total overseas production increased approximately 5% due to production increases in Europe (up 7.5%) and Asia (up 33.8%).

Domestic sales increased 3.2% compared to the same month the previous year. Life was Honda’s best selling car for the month with sales of 10,816 units, a 3.9% increase from a year ago.  Demand for Fit, Odyssey, and Mobilio remained strong with sales of 8,957 units, 6,399 units and 5,254 units, respectively.

Total exports for the month of April declined 7.5% compared to the same month last year due to a drop in exports to North America, Europe and Asia.  Exports to Asia continued to decline as local production increases.


PRODUCTION, SALES, EXPORTS  (April 2004)

JAPANESE DOMESTIC PRODUCTION
  April Annual Total – 2004
Units
Vs.4/03
Units
Vs.2003
Domestic (CBU+CKD)
90,371
+7.7%
410,592
+4.5%
Overseas (CBU only)
161,614
+4.9%
638,858
+3.2%
Worldwide Total
251,985
+5.9%
1,049,450
+3.7%


OVERSEAS PRODUCTION
  April Annual Total – 2004
Units
Vs.4/03
Units
Vs.2003
North America
103,420
-4.3%
421,560
-6.5%
(USA only)
(67,349)
(-7.3%)
(277,791)
(-8.5%)
Europe
16,475
+7.5%
69,181
+3.0%
Asia
35,347
+33.8%
125,225
+39.1%
Others
6,372
+52.4%
22,892
+106.0%
Overseas Total
161,614
+4.9%
638,858
+3.2%



SALES (JAPAN)
Vehicle type April Annual Total – 2004
Units
Vs.4/03
Units
Vs.2003
Passenger Cars & Light Trucks
29,629
+3.9%
167,624
-8.8%
(Imports)
(724)
(-57.2%)
(3,700)
(-48.4%)
Mini Vehicles
17,818
+1.9%
94,551
+18.9%
Honda Brand Total
47,447
+3.2%
262,175
-0.4%



EXPORTS
  April Annual Total – 2004
Units
Vs.4/03
Units
Vs.2003
North America
19,146
-6.4%
80,764
+0.2%
(USA only)
(17,361)
(-2.1%)
(72,669)
(+3.5%)
Europe
10,194
-14.5%
46,359
+2.5%
Asia
927
-62.2%
3,997
-43.5%
Others
8,121
+21.4%
29,860
+30.7%
Regional Total
38,388
-7.5%
160,980
+3.4%