December 25, 2003 -- Honda Motor Co., Ltd., announced today that overseas production grew 5.5% in November, mostly because of increased output in Asia. It was the 35th consecutive month of overseas production increases at Honda. For the first 11 months of 2003, overseas production is up 17.8%, predominantly due to a surge of 59.2% in Asia-based production.
November’s domestic sales fell 22.1% overall, but sales of mini-vehicles were up 18.5%, the second consecutive monthly increase. Honda's Life mini-vehicle (17,692 units) was the best seller, followed by Fit (11,116), the new Odyssey (6,643 units).
Exports in November were down 19.9%, the fifth straight month of decline, because of decreased shipments to North America.
PRODUCTION, SALES, EXPORTS (November 2003)
PRODUCTION
| November | Annual Total‐2003 | |||
Units
|
Vs.11/02
|
Units
|
Vs.2002
|
|
| Domestic | 102,480
|
-15.6%
|
1,069,350
|
-15.9%
|
| Overseas (CBU only) | 144,635
|
+5.5%
|
1,659,160
|
+17.8%
|
| Worldwide Total * | 247,115
|
-4.4%
|
2,728,510
|
+1.8%
|
*excludes overseas CKD
REGIONAL PRODUCTION
| November | Annual Total‐2003 | |||
Units
|
Vs.11/02
|
Units
|
Vs.2002
|
|
| North America | 94,560
|
-2.1%
|
1,151,162
|
+10.9%
|
| (USA only) | 61,607
|
-3.8%
|
787,126
|
+12.3%
|
| Europe | 16,712
|
-2.3%
|
170,660
|
+3.9%
|
| Asia | 26,536
|
+43.2%
|
276,284
|
+59.2%
|
| Others | 6,827
|
+40.6%
|
61,054
|
+87.0%
|
| Total | 144,635
|
+5.5%
|
1,659,160
|
+17.8%
|
SALES
| Vehicle type | November | Annual Total‐2003 | ||
Units
|
Vs.11/02
|
Units
|
Vs.2002
|
|
| Passenger Cars & Light Trucks |
32,928
|
-39.1%
|
440,389
|
-21.2%
|
| (Imports) | (906)
|
+97.4%
|
(18,886)
|
+133.7%
|
| Mini Vehicles | 26,821
|
+18.5%
|
233,214
|
-12.8%
|
| Honda Brand TTL | 59,749
|
-22.1%
|
673,603
|
-18.5%
|
EXPORTS
| November | Annual Total‐2003 | |||
Units
|
Vs.11/02
|
Units
|
Vs.2002
|
|
| North America | 16,907
|
-38.8%
|
224,689
|
-17.4%
|
| (USA only) | 15,803
|
-34.5%
|
199,710
|
-17.4%
|
| Europe | 8,313
|
+58.2%
|
102,588
|
+58.6%
|
| Asia | 2,391
|
-1.5%
|
18,636
|
-38.5%
|
| Others | 9,146
|
-13.7%
|
76,777
|
+17.8%
|
| Total | 36,757
|
-19.9%
|
422,690
|
-2.2%
|