Honda Overseas Production Up 14.9% In May

June 23, 2003, Japan

Corporate

June 23, 2003 -- Honda Motor Co., Ltd., announced today that overseas production increased 14.9% in May over the same month in 2002, the 29th consecutive month of growth in that category. 

Although global production was down slightly by 0.6% for the month, it was up 4.6% compared to the first five months of 2002. Overseas production for the same period was up 22.2% over the previous year, led by a 17.1% increase in the United States and strong growth in Asia. 

Domestic sales were down 21.4% in May. The Fit again was Honda’s best-seller for the month, totaling 14,777 units. Honda's Life mini-vehicle (7,330 units) and Mobilio (4,609 units) were the other best-sellers for the month. 

Exports in May were up slightly by 0.7%, primarily because of increased shipments to Europe.

PRODUCTION, SALES, EXPORTS (May 2003)

PRODUCTION

 
May
Annual Total‐2003
Units
Vs.5/02
Units
Vs.2002
Domestic
87,972
-19.7%
480,983
-15.1%
Overseas (CBU only)
155,096
+14.9%
774,421
+22.2%
Worldwide Total *
243,068
-0.6%
1,255,404
+4.6%

*excludes overseas CKD

REGIONAL PRODOCTION

 
May
Annual Total‐2003
Units
Vs.5/02
Units
Vs.2002
North America
106,301
+5.4%
549,088
+14.1%
(USA only)
72,833
+6.9%
376,400
+17.1%
Europe
14,787
-6.2%
81,945
+12.3%
Asia
26,609
+69.0%
116,648
+74.5%
Others
7,399
+180.4%
26,740
+117.4%
RegionalTotal
155,096
+14.9%
774,421
+ 22.2%

SALES

Vehicle type
May
Annual Total‐2003
Units
Vs.5/02
Units
Vs.2002
Passenger Cars
& Light Trucks
35,316
-23.5%
219,080
-14.9%
(Imports)
(2,249)

+182.9%

(9,419)

+123.0%

Mini Vehicles
16,393
-16.5%
95,919
-21.4%
Honda Brand TTL
51,709
-21.4%
314,999
-17.0%

EXPORTS

 
May
Annual Total‐2003
Units
Vs.5/02
Units
Vs.2002
North America
20,077
-11.0%
100,694
-16.5%
(USA only)
16,566
-10.5%
86,771
-17.2%
Europe
10,484
+66.7%
55,731
+112.2%
Asia
1,659
-59.6%
8,735
-38.4%
Others
6,710
+17.8%
29,525
+19.3%
Total
38,930
+0.7%
194,685
+4.8%