|Domestic Sales & Production on Rise; Worldwide Production Sets May Record|
|TOKYO, Japan, June 29, 2005– Honda Motor Co., Ltd. today announced production, Japanese domestic sales and export results for the month of May 2005. In addition to increased domestic sales and production in May, Honda achieved all-time May records for overseas and worldwide production.
Domestic production in May increased 11.8% compared to the same month a year ago due to strong domestic sales and exports. It is the seventh consecutive month that domestic production exceeded the monthly total from a year ago. Overseas production increased 15.6% compared to the same month a year ago, exceeding the total from the previous year for the 16th consecutive month. Production in Asia remains strong, increasing 25.9% in May compared to a year ago, while production in the U.S. also increased 20.1% compared to last year. With the continued increase in domestic production and the Asia and North America regions setting all-time May production records, Honda established a new record for overseas and worldwide production for the month.
Total domestic sales for the month of May increased 9.1% compared to the same month a year ago, due mainly to strong sales of mini-vehicles including the Life and That’s models. Sales of mini-vehicles increased 23.5% compared to the same month last year. Life was Honda’s best-selling car for the month on sales of 13,009 units. The Fit and Step WGN, with sales of 8,775 and 5,983 units, respectively, were Honda’s second and third best-selling models. Honda’s all-new Airwave compact station wagon introduced in April was the fourth best selling model in May with sales of 4,671 units.
Total exports in May increased 14.3% compared to the same month a year ago, exceeding the previous year’s record for the ninth consecutive month. Continued strong sales of the Jazz in Europe (Fit in Japan) as well as the Accord Hybrid and Acura RL in North America contributed to the overall increase in exports.
PRODUCTION, SALES, EXPORTS (May 2005)