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Strong Demand for Light Trucks Drives Honda Sales in January

TORRANCE, Calif., Feb. 1 -- Strong demand for light trucks led American Honda to January sales of 84,878 down a scant 1.5 percent, narrowly missing setting a new January record, according to figures released today by American Honda Motor Co., Inc.

Light truck sales of 28,778 increased 35.2 percent, shattering the previous January record of 21,283, set in 2001. The Honda Odyssey minivan, Honda CR-V sport utility vehicle and Acura MDX luxury sport utility vehicle all set January sales records. The all-new CR-V, which went on sale in November 2001, also set a new all-time, one-month record with sales of 13,723 units. Odyssey sales of 10,796 were up 23.4 percent from last year while MDX sales of 3,423 were up 0.3 percent.

``This is the most complete lineup of light trucks we've ever had,'' said Dick Colliver, American Honda executive vice president. ``There is extremely strong demand for the new CR-V, and we continue to sell Odyssey minivans and Acura MDXs as quickly as we can build them.''

Honda Division sales of 72,742 were only 1,041 units off of last January's record with Accord sales of 25,947 and Civic sales of 19,854. In addition, the S2000 set a January sales record of 752 vehicles.

Acura Division totaled near record January sales of 12,136 despite limited availability of several key models.

                American Honda Vehicle Sales For January 2001

                              Month-to-Date              Year-to-Date
                      January    January  DSR**   January   January   DSR**
                       2002       2001    % Chg.    2002      2001   % Chg.
    American Honda
     Total            84,878     86,174   -1.5%   84,878    86,174    -1.5%
      Total Car
       Sales          56,100     64,891  -13.5%   56,100    64,891   -13.5%
      Total Truck
       Sales          28,778     21,283   35.2%   28,778    21,283    35.2%
    Import Car Sales  11,596     14,453  -19.8%   11,596    14,453   -19.8%
      Honda Division   8,545     12,094  -29.3%    8,545    12,094   -29.3%
      Acura Division   3,051      2,359   29.3%    3,051     2,359    29.3%
    Import Truck
     Sales            13,723      7,532   82.2%   13,723     7,532    82.2%
      Honda Division  13,723      7,532   82.2%   13,723     7,532    82.2%
    Domestic Car
     Sales *          44,504     50,438  -11.8%   44,504    50,438   -11.8%
      Honda Division  38,842     43,820  -11.4%   38,842    43,820   -11.4%
      Acura Division   5,662      6,618  -14.4%    5,662     6,618   -14.4%
    Domestic Truck
     Sales *          15,055     13,751    9.5%   15,055    13,751     9.5%
      Honda Division  11,632     10,337   12.5%   11,632    10,337    12.5%
      Acura Division   3,423      3,414    0.3%    3,423     3,414     0.3%

    MODEL BREAKOUTS BY DIVISION
    Honda Division
     Total            72,742     73,783   -1.4%   72,742    73,783    -1.4%
      Accord *        25,947     33,781  -23.2%   25,947    33,781   -23.2%
      Civic *         19,854     20,489   -3.1%   19,854    20,489    -3.1%
      Prelude            597        619   -3.6%      597       619    -3.6%
      S2000              752        731    2.9%      752       731     2.9%
      Insight            237        294  -19.4%      237       294   -19.4%
      Odyssey *       10,796      8,746   23.4%   10,796     8,746    23.4%
      Passport *         836      1,591  -47.5%      836     1,591   -47.5%
      CR-V            13,723      7,532   82.2%   13,723     7,532    82.2%
    * Domestic
     Vehicle Ttl      50,474     54,157   -6.8%   50,474    54,157    -6.8%
      Accord          20,194     25,496  -20.8%   20,194    25,496   -20.8%
      Civic           18,648     18,324    1.8%   18,648    18,324     1.8%
      Passport           836      1,591  -47.5%      836     1,591   -47.5%
      Odyssey         10,796      8,746   23.4%   10,796     8,746    23.4%
    Acura Division
     Total            12,136     12,391   -2.1%   12,136    12,391    -2.1%
      Integra             10      1,464  -99.3%       10     1,464   -99.3%
      RSX              2,281                       2,281
      CL *             1,215      1,562  -22.2%    1,215     1,562   -22.2%
      TL *             4,447      5,056  -12.0%    4,447     5,056   -12.0%
      RL                 727        885  -17.9%      727       885   -17.9%
      NSX                 33         10  230.0%       33        10   230.0%
      MDX *            3,423      3,414    0.3%    3,423     3,414     0.3%
    Selling Days          25         25               25        25

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