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American Honda Overall Sales Decline 4.6 Percent From Record '01 Month

TORRANCE, Calif., March 1 -- Record February light truck sales were not quite enough to offset a drop in car sales, as overall American Honda sales of 86,848 were down 4.6 percent from a record February 2001, according to sales figures released today by American Honda Motor Co., Inc.

The new light truck February sales record of 29,016 was an increase of 28.5 percent. Sales of the Acura MDX set a new single month record of 4,365, up 14.9 percent. Sales of the all-new CR-V were up 61.6 percent to 11,608 and Odyssey sales of 12,379 were up 23.1 percent, both February records. Inventory levels of all three vehicles remain tight.

``The consumer shift to light trucks, especially car-like SUVs, continues unabated in 2002,'' said Dick Colliver, executive vice president. ``Our light truck sales would have been even stronger, except for inventory shortages for the Odyssey, CR-V and MDX.''

                American Honda Vehicle Sales For February 2002

                              Month-to-Date            Year-to-Date
                    February   February   DSR**  February February    DSR**
                       2002      2001    % Chg.     2002     2001    % Chg.
    American Honda
        Total         86,848   91,043     -4.6%   171,726  177,217    -3.1%
      Total Car
        Sales         57,832   68,460    -15.5%   113,932  133,351   -14.6%
      Total Truck
        Sales         29,016   22,583     28.5%    57,794   43,866    31.8%
    Import Car
        Sales         10,447   12,635    -17.3%    22,043   27,088   -18.6%
      Honda Division   7,423   10,290    -27.9%    15,968   22,384   -28.7%
      Acura Division   3,024    2,345     29.0%     6,075    4,704    29.1%
    Import Truck
        Sales         11,608    7,182     61.6%    25,331   14,714    72.2%
      Honda Division  11,608    7,182     61.6%    25,331   14,714    72.2%
    Domestic Car
        Sales *       47,385   55,825    -15.1%    91,889  106,263   -13.5%
      Honda Division  41,892   48,291    -13.3%    80,734   92,111   -12.4%
      Acura Division   5,493    7,534    -27.1%    11,155   14,152   -21.2%
    Domestic Truck
        Sales *       17,408   15,401     13.0%    32,463   29,152    11.4%
      Honda Division  13,043   11,603     12.4%    24,675   21,940    12.5%
      Acura Division   4,365    3,798     14.9%     7,788    7,212     8.0%

    MODEL BREAKOUTS BY DIVISION
    Honda Division
        Total         73,966   77,366     -4.4%   146,708  151,149    -2.9%
      Accord *        26,735   34,884    -23.4%    52,682   68,665   -23.3%
      Civic *         21,239   22,040     -3.6%    41,093   42,529    -3.4%
      Prelude            426      588    -27.6%     1,023    1,207   -15.2%
      S2000              694      729     -4.8%     1,446    1,460    -1.0%
      Insight            221      340    -35.0%       458      634   -27.8%
      Odyssey*        12,379   10,053     23.1%    23,175   18,799    23.3%
      Passport *         664    1,550    -57.2%     1,500    3,141   -52.2%
      CR-V            11,608    7,182     61.6%    25,331   14,714    72.2%
    * Domestic
        Vehicle Ttl   54,935   59,894     -8.3%   105,409  114,051    -7.6%
       Accord         21,556   27,751    -22.3%    41,750   53,247   -21.6%
       Civic          20,336   20,540     -1.0%    38,984   38,864     0.3%
       Passport          664    1,550    -57.2%     1,500    3,141   -52.2%
       Odyssey        12,379   10,053     23.1%    23,175   18,799    23.3%
    Acura Division
        Total         12,882   13,677     -5.8%    25,018   26,068    -4.0%
      Integra              5    1,443    -99.7%        15    2,907   -99.5%
      RSX              2,231                        4,512
      CL *               919    1,656    -44.5%     2,134    3,218   -33.7%
      TL *             4,574    5,878    -22.2%     9,021   10,934   -17.5%
      RL                 764      880    -13.2%     1,491    1,765   -15.5%
      NSX                 24       22      9.1%        57       32    78.1%
      MDX *            4,365    3,798     14.9%     7,788    7,212     8.0%
    Selling Days          24       24                  49       49
   * Honda and Acura vehicles are made of domestic and global sourced parts.
  ** Daily Selling Rate