Honda Sets All-Time Record for Auto Production in the Month of January for Regions Outside Japan and Worldwide

February 26, 2008, Japan

Corporate

February 26, 2008- Honda Motor Co., Ltd., today announced a summary of automobile production, Japan domestic sales, and export results for the month of January 2008.

<Production>

Production in Japan experienced a year-on-year decrease for the fifth consecutive month (since September 2007).

Production in regions outside of Japan experienced a year-on-year increase for the 30th consecutive month (since August 2005), setting an all-time record for the month of January.  This includes record production in North America, the U.S., Europe, Asia, and China.

Worldwide production also experienced a year-on-year increase for the 30th consecutive month (since August 2005), setting an all-time record for the month of January.

<Japan Domestic Market Sales>

Total domestic sales for the month of January 2008 experienced a year-on-year increase for the first time in 13 months (since December 2006).

Due to strong sales of the all-new Fit, new vehicle registrations in January experienced a year-on-year increase for the third consecutive month (since November 2007).

Sales of mini-vehicles in January experienced a year-on-year increase for the first time in 11 months (since February 2007).

<Vehicle registrations - excluding mini-vehicles>

Fit was the industry’s best-selling car among new vehicle registrations for the month of January 2008, with sales of 15,083 units. 

<Mini-vehicles - under 660cc>

Life was the industry’s sixth best-selling car among mini-vehicles for the month of January 2008, with sales of 5,936 units.

<Exports from Japan>

Due mainly to a decrease in exports to North America and Europe, total exports from Japan in January 2008 experienced a year-on-year decline for the first time in seven months (since June 2007).

PRODUCTION, SALES and EXPORTS (January 2008)

Worldwide Production

  January
Units
vs.07
  Japan
100,330
-3.7%
  Outside of Japan
240,432
+13.3%
Worldwide Total
340,762
+7.7%

Production Outside of Japan

  January
Units
vs.07
  North America
134,068
+5.4%
  (USA only)
94,742
+5.3%
  Europe
23,394
+28.4%
  Asia
67,954
+12.5%
  (China)
38,175
+7.1%
  Others
15,016
137.3%
Overseas Total
240,432
+13.3%

Japan Domestic Market Sales

Vehicle type January
Units
vs.07
  Registrations
31,859
+40.6%
  Mini-Vehicles
12,719
+21.2%
Honda Brand Total
44,578
+34.5%

Exports from Japan

  January
Units
vs.07
  North America
35,488
-8.0%
  (USA)
33,863
-8.2%
  Europe
7,379
-47.5%
  Asia
3,635
+85.6%
  Others
14,791
+21.1%
Total
61,293
-8.2%