|Domestic Sales on Rise; Worldwide Production Continues to Increase|
|TOKYO, Japan, May 25, 2005– Honda Motor Co., Ltd. today announced production, Japanese domestic sales and export results for the month of April 2005. Honda achieved increase in total domestic sales, worldwide production, and exports in April compared to the same month a year ago.
Domestic production in April increased 8.1% compared to the same month a year ago due primarily to increased production of popular new export models. It is the sixth consecutive month that domestic production exceeded the total from a year ago. Overseas production increased 10.5% compared to the same month a year ago, exceeding the total from the previous year for the 15th consecutive month. Production in Asia remains strong, increasing 18.8% in April compared to a year ago, while production in the U.S. also increased 16.0% compared to last year.
Domestic sales for the month of April increased 11.3% compared to the same month a year ago, due mainly to strong sales of Life and STEP WGN. It is the first time in the last four months for domestic sales to exceed the total of the same month from the previous year. Life was Honda’s best-selling car for the month on sales of 12,693 units. The Fit and STEP WGN, with sales of 8,891 and 4,516 units, respectively, were Honda’s second and third best-selling models.
Total exports in April increased 18.5% compared to the same month a year ago, exceeding the previous year’s record for the eighth consecutive month. Continued strong sales of Jazz in Europe (Fit in Japan) resulted in a major increase in exports to Europe – up 34.3% -- and contributed to the overall increase in exports.
PRODUCTION, SALES, EXPORTS (April 2005)