HONDA The Power of Dreams

News Release

Honda Domestic Sales Grow 4.1% In October

November 26, 2003, Japan

Corporate

November 26, 2003 -- Honda Motor Co., Ltd., announced today that domestic sales increased 4.1% in October, the first monthly increase in 13 months, while overseas production increased 23.6% over the same month in 2002, the 34th consecutive month of growth in that category. Global production was up 6.8% for the month. 

October's domestic sales increase was led by mini-vehicles, up 68.5% over October, 2002. Honda's Life mini-vehicle (21,800 units) was the best seller, followed by Fit (12,526 units) and Step-WGN (5,294 units). 

Exports in October were down 3.2%, the fourth straight month of decline, because of decreased shipments to North America and Asia.

PRODUCTION, SALES, EXPORTS (October 2003)

PRODUCTION

  October Annual Total‐2003
Units
Vs.10/02
Units
Vs.2002
Domestic
107,086
-11.4%
966,870
-16.0%
Overseas (CBU only)
162,067
+23.6%
1,514,525
+19.1%
Worldwide Total *
269,153
+6.8%
2,481,395
+2.4%

REGIONAL PRODUCTION

  October Year-to-Date Total
(Jan - Oct 2003)
Units
Vs.10/02
Units
Vs.2002
North America
113,513
+27.3%
1,056,602
+12.2%
(USA only)
78,225
+25.9%
725,519
+13.9%
Europe
16,317
-11.1%
153,948
+4.6%
Asia
25,654
+38.7%
249,748
+61.2%
Others
6,583
+30.6%
54,227
+95.1%
Total
162,067
+23.6%
1,514,525
+19.1%

SALES

Vehicle type October Annual Total‐2003
Units
Vs.10/02
Units
Vs.2002
Passenger Cars
& Light Trucks
(Imports)
Mini Vehicles
34,721
1,346
31,406
-22.6%
+184.0%
+68.5%
407,461
17,980
206,393
-19.2%
+135.9%
-15.7%
Honda Brand TTL
66,127
+4.1%
613,854
18.1%

EXPORTS

  October Year-to-Date Total
(Jan - Oct 2003)
Units
Vs.10/02
Units
Vs.2002
North America
20,010
-20.8%
207,782
-15.0%
(USA only)
17,233
-26.6%
183,907
-15.5%
Europe
8,178
+38.5%
94,275
+58.6
Asia
1,141
-40.7%
16,245
-41.7%
Others
9,931
+33.1%
67,631
+24.0%
Total
39,260
-3.2%
385,933
-0.1%