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American Honda Sales Climb 18 Percent to New May Record of 130,454

Light Truck Sales Increase 57.2 Percent, Acura Sets New All-Time Record, Honda Division Exceeds 100,000 Sales for the Third Consecutive Month

TORRANCE, Calif., June 3 -- American Honda Motor Co., Inc., recorded its best-ever May with sales of 130,454, up 18 percent, to achieve the second largest sales month in the company's history.

New all-time records for May include total truck sales of 51,598, up 57.2 percent and Acura division sales of 16,495. All-time record Odyssey sales of 15,974 were up 14.2 percent while CR-V sales rose 13.1 percent to 13,772, and Pilot reached 9,777. American Honda sales of 558,743 for the calendar year are running 14.4 percent ahead of last year's record setting pace.

Honda Division set a new May record and broke the 100,000 barrier for the third consecutive month with sales of 113,959, an increase of 21.6 percent. The all-new Element recorded its best sales month to date, 6,982, since it went on sale in December 2002. Year-to-date sales for the division are up 18 percent led by strong Accord sales of 37,210, up 11.5 percent for the month and up 9 percent since January.

Acura division posted a new all-time record for a single month with 16,495 sales, breaking the previous mark of 16,333 set in August 2002. Robust sales of the new TSX sports sedan, combined with strong sales of the TL and MDX, helped push Acura sales to a new high.

"American Honda continues to grow by expanding into new light truck markets while boosting its momentum in automobiles with class-leading vehicles like the Honda Accord and Acura TSX," said Dick Colliver, executive vice president of American Honda Motor Co., Inc. "Even in a tough market, both Honda and Acura Divisions are showing remarkable success."

                  American Honda Vehicle Sales For May 2003

                          Month-to-Date               Year-to-Date
                      May        May    DSR**     May       May     DSR**
                      2003      2002   % Chg.    2003      2002    % Chg.
  American Honda
   Total           130,454    106,459   18.0%  558,743   484,745    14.4%
    Total Car
     Sales          78,856     74,843    1.5%  339,310   331,597     1.5%
    Total Truck
     Sales          51,598     31,616   57.2%  219,433   153,148    42.2%
  Import Car Sales  16,119     12,024   29.1%   79,765    58,368    35.6%
    Honda Division  10,329      8,346   19.2%   62,060    41,210    49.4%
    Acura Division   5,790      3,678   51.6%   17,705    17,158     2.4%
  Import Truck
   Sales            13,772     11,727   13.1%   59,133    63,121    -7.0%
    Honda Division  13,772     11,727   13.1%   59,133    63,121    -7.0%
  Domestic Car
   Sales *          62,737     62,819   -3.8%  259,545   273,229    -5.8%
    Honda Division  57,121     55,901   -1.6%  233,261   241,005    -4.0%
    Acura Division   5,616      6,918  -21.8%   26,284    32,224   -19.1%
  Domestic Truck
   Sales *          37,826     19,889   83.1%  160,300    90,027    76.7%
    Honda Division  32,737     14,256  121.1%  137,279    68,037   100.2%
    Acura Division   5,089      5,633  -13.0%   23,021    21,990     3.9%

  MODEL BREAKOUTS BY DIVISION
  Honda Division
   Total           113,959     90,230   21.6%  491,733   413,373    18.0%
    Accord *        37,210     32,131   11.5%  163,059   148,486     9.0%
    Civic *         29,143     30,731   -8.7%  127,979   126,380     0.5%
    Prelude              0        152                9     1,770   -99.5%
    S2000              998      1,043   -7.9%    3,563     4,460   -20.7%
    Insight             99        190  -49.8%      710     1,119   -37.0%
    FCX                  0                           1
    Odyssey *       15,974     13,465   14.2%   65,420    64,712     0.3%
    Passport *           4        312  -98.8%       56     2,846   -98.0%
    Pilot *          9,777        479 1865.5%   42,872       479  8780.4%
    CR-V            13,772     11,727   13.1%   59,133    63,121    -7.0%
    Element *        6,982                      28,931
  * Domestic
     Vehicle Ttl    89,858     70,157   23.3%  370,540   309,042    19.0%
       Accord       30,954     28,387    5.0%  124,035   123,734    -0.5%
       Civic        26,167     27,514   -8.4%  109,226   117,271    -7.6%
       Passport          4        312  -98.8%       56     2,846   -98.0%
       Pilot         9,777        479 1865.5%   42,872       479  8780.4%
       Odyssey      15,974     13,465   14.2%   65,420    64,712     0.3%
       Element       6,982                      28,931
  Acura Division
   Total            16,495     16,229   -2.1%   67,010    71,372    -6.8%
    Integra              0          2                0        19
    RSX              2,815      2,995   -9.5%   10,519    13,195   -20.9%
    CL *               733      1,093  -35.4%    3,707     5,704   -35.5%
    TL *             4,883      5,825  -19.3%   22,577    26,520   -15.5%
    TSX              2,275                       4,111
    RL                 671        667   -3.1%    2,956     3,841   -23.6%
    NSX                 29         14   99.5%      119       103    14.6%
    MDX *            5,089      5,633  -13.0%   23,021    21,990     3.9%

  Selling Days          27         26              128       127

   * Honda and Acura vehicles are made of domestic and global sourced parts.
   ** Daily Selling Rate