March 26, 2003 -- Honda Motor Co., Ltd., announced today that global production increased 7.7% in February over the same month in 2002.
Although Japan production was down 13% mostly due to fewer production days,overseas production grew 29.1% over February, 2002. It was the 26th consecutive month of growth.
Domestic sales were down 21.4% in February. The Fit again was the best-seller for Honda, totaling 19,055 units. Honda's Life mini-vehicle (11,374 units) and Accord (3,075 units) were Honda's other best-sellers for the month.
Overall, mini vehicle sales were down 28.7% in February, while passenger car and light truck sales were off 17.6%.
Export shipments from Japan in February were up 11.2%, mainly because of increased shipments to Europe.
Due to increased local procurement of parts, there is currently no CKD production.
Honda Production, Sales And Exports - February 2003
PRODUCTION
| Feb. | 2003 | |||
Units
|
vs. 2/02
|
Cumulative
|
Vs.2002
|
|
| Domestic | 103,209
|
- 13.0%
|
211,227
|
- 3.1%
|
| Overseas (CBU only) | 147,553
|
+ 29.1%
|
303,808
|
+ 25.1%
|
| Worldwide Total (*) | 250,762
|
+ 7.7%
|
515,035
|
+ 11.7%
|
(*)-except overseas CKD
REGIONAL PRODUCTION
| Feb. | 2003 | |||
Units
|
vs. 2/02
|
Cumulative Total
|
Vs.2002
|
|
| North America | 106,651
|
+ 20.0%
|
220,994
|
+ 18.7%
|
| (USA only) | 72,880
|
+ 25.5%
|
150,936
|
+ 23.6%
|
| Europe | 17,095
|
+ 31.7%
|
35,914
|
+ 32.4%
|
| Asia | 19,843
|
+105.6%
|
38,685
|
+ 63.9%
|
| Others | 3,964
|
+ 41.1%
|
8,215
|
+ 35.1%
|
| Regional Total | 147,553
|
+29.1%
|
303,808
|
+25,1%
|
SALES
| Vehicle type | Feb. | 2003 | ||
Units
|
vs. 2/02
|
Cumulative Total
|
Vs.2002
|
|
| Passenger Cars & Light Trucks |
43,137
|
- 17.6%
|
77,224
|
- 13.4%
|
| (Imports) |
1,308 |
+ 50.2% |
2,617 |
+ 76.8% |
| Mini Vehicles | 19,454 | - 28.7% | 31,901 | - 24.0% |
| TOTAL | 62,591 | - 21.4% | 109,125 | - 16.8% |
EXPORTS
| Feb. | 2003 | |||
Units
|
vs. 2/02
|
Cumulative
|
Vs.2002
|
|
| North America | 21,470
|
- 11.1%
|
40,879
|
- 13.4%
|
| (USA only) | 19,097
|
- 11.4%
|
37,064
|
- 13.9%
|
| Europe | 12,239
|
+ 122.0%
|
25,810
|
+ 112.6%
|
| Asia | 2,066
|
+ 8.3%
|
3,707
|
- 0.4%
|
| Others | 4,075
|
- 4.4%
|
10,684
|
+ 24.3%
|
| TOTAL | 39,850 | + 11.2% | 81,080 | + 13.1% |