Domestic Production and Sales On the Rise in April

May 27, 2004, Japan

Corporate

Tokyo, May 27, 2004 –Honda Motor Co., Ltd. today announced production, 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)

PRODUCTION

  April Annual Total - 2004
Units Vs.4/03 Units Vs.2003
Domestic 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%