Honda Overseas Production Up 19.9% In July

August 26, 2003, Japan

Corporate

August 26, 2003 -- Honda Motor Co., Ltd., announced today that overseas production increased 19.9% in July over the same month in 2002, the 31st consecutive month of growth in that category. 

Global production increased slightly by 0.9% for the month and was up 3.4% compared to the first seven months of 2002. Overseas production for the same period was up 20.9% over the previous year, led by a 14.3% increase in the United States and a 67.7% increase in Asia. 

Domestic sales were down 17.3% in July. The Fit again was Honda's best-seller for the month, totaling 14,695 units. Honda's Life mini-vehicle (9,309 units) and Step-WGN (6,526 units) were the other best-sellers for the month. 

Exports in July were down 11.5%, primarily because of decreased shipments to North America and Asia.

PRODUCTION, SALES, EXPORTS (July 2003)

PRODUCTION

  July Annual Total-2003
Units
Vs.7/02
Units
Vs.2002
Domestic
100,636
-17.6%
680,575
-15.6%
Overseas (CBU only)
142,645
+19.9%
1,062,235
+20.9%
Worldwide Total *
243,281
+0.9%
1,742,810
+3.4%

REGIONAL PRODUCTION

  July Annual Total-2003
Units
Vs.7/02
Units
Vs.2002
North America
93,200
+11.1%
741,014
+12.4%
(USA only)
63,145
+9.3%
506,770
+14.3%
Europe
14,313
-11.3%
111,191
+11.0%
Asia
28,997
+61.7%
172,554
+67.7%
Others
6,135
+504.4%
37,476
+132.5%
Regional Total
142,645
+19.9%
1,062,235
+20.9%

*excludes overseas CKD

SALES

Vehicle type July Annual Total-2003
Units
Vs.7/02
Units
Vs.2002
Passenger Cars
& Light Trucks
40,437
-20.9%
296,972
-18.3%
(Imports)
(2,015)
+152.2%
(13,675)
+133.4%
Mini Vehicles
19,048
-8.4%
135,727
-23.3%
Honda Brand TTL
59,485
-17.3%
432,699
-19.9%

EXPORTS

  July Annual Total-2003
Units
Vs.7/02
Units
Vs.2002
North America
21,110
-14.0%
144,904
-14.1%
(USA only)
20,212
-9.5%
127,297
-13.8%
Europe
9,013
-2.4%
74,657
+69.4%
Asia
1,481
-61.6%
12,084
-42.2%
Others
6,869
+18.3%
42,972
+17.3%
Total
38,473
-11.5%
274,617
+1.6%