| Honda Sets All-time Auto Production Record in Asia, Europe and Worldwide in Calendar year 2004 |
| TOKYO, Japan, January 25, 2005– Honda Motor Co., Ltd. today announced production, domestic sales, and export results for December 2004 and calendar year 2004. Honda achieved all-time records for auto production in Asia, Europe and worldwide -- driven largely by continuous growth in Asia, especially China, and strong sales in Europe. Annual domestic production for 2004 totaled 1,242,528 units, a 6.1% increase over the previous year. Domestic production increased 9.7% in December compared to the same month a year ago, due to increased production of domestic and export models. Annual overseas production reached 1,939,096 units, a 7.9% increase compared to the previous year. Honda set an all–time annual production record in Asia and Europe, which also helped lead to overseas and worldwide production records. Overseas production for December increased 9.1% compared to the same month last year. Continuous production growth in Asia, especially China, led the overall increase in overseas production, while Europe also remained strong. Total annual domestic sales for 2004 increased 1.1% compared to last year, while domestic sales in December increased 9.9% compared to the same month a year ago. Strong sales of the Fit, which underwent a minor model change in June, and the Odyssey and Life, which had full model changes in fall 2003, contributed to the annual sales increase. Total annual exports increased 10.3% compared to 2003, while total exports in December increased 22.4% compared to the same month a year ago. Strong sales in the U.S. of the CR-V, Acura TSX, the all-new Acura RL and the Accord Hybrid, as well as strong sales in Europe of the Jazz, Accord Diesel and FR-V (known as Edix in Japan) contributed to the increase in annual exports. PRODUCTION, SALES, EXPORTS (December 2004) PRODUCTION
OVERSEAS PRODUCTION
SALES (JAPAN)
EXPORTS
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