American Honda Reports Decline in Car Sales

TORRANCE, Calif., June 3 -- Record May truck sales were offset by a decline in passenger car sales as total American Honda vehicle sales in May were down 4.6 percent to 106,459, according to figures released today by American Honda Motor Co., Inc.

Total truck sales of 31,616 were up 15.4 percent, the second best truck month ever and a new May record. A new all-time record for the Acura MDX luxury SUV of 5,633, up 48 percent, led the increase. Honda Odyssey sales of 13,465 set a new May record and were up 15.8 percent. CR-V sales of 11,727 were up 10.2 percent.

"American Honda's May sales reflect the continued shift in consumer demand to light trucks," said Dick Colliver, American Honda executive vice president. "Sales in this area were limited only by availability. With the new Honda Pilot SUV now on sale, we expect to be able to meet more of the demand for light trucks."

Year-to-date, total truck sales of 153,146 are up 24.5 percent. Total sales of 484,745 are off 1.4 percent.

                  American Honda Vehicle Sales For May 2002

                              Month-to-Date             Year-to-Date
                      May        May       DSR**    May      May      DSR**
                      2002       2001     % Chg.    2002     2001     % Chg.
    American Honda
        Total        106,459   111,537     -4.6%   484,745  491,806    -1.4%
      Total Car
        Sales         74,843    84,145    -11.1%   331,597  368,786   -10.1%
      Total Truck
        Sales         31,616    27,392     15.4%   153,148  123,020    24.5%
    Import Car
        Sales         12,024    11,739      2.4%    58,368   60,413    -3.4%
      Honda
        Division       8,346     8,258      1.1%    41,210   46,998   -12.3%
      Acura
        Division       3,678     3,481      5.7%    17,158   13,415    27.9%
    Import Truck
        Sales         11,727    10,644     10.2%    63,121   44,699    41.2%
      Honda
        Division      11,727    10,644     10.2%    63,121   44,699    41.2%
    Domestic Car
        Sales *       62,819    72,406    -13.2%   273,229  308,373   -11.4%
      Honda
        Division      55,901    65,109    -14.1%   241,005  270,567   -10.9%
      Acura
        Division       6,918     7,297     -5.2%    32,224   37,806   -14.8%
    Domestic Truck
        Sales *       19,889    16,748     18.8%    90,027   78,321    14.9%
      Honda
        Division      14,256    12,942     10.2%    68,037   60,093    13.2%
      Acura
        Division       5,633     3,806     48.0%    21,990   18,228    20.6%

    MODEL BREAKOUTS
      BY DIVISION
    Honda Division
        Total         90,230    96,953     -6.9%   413,373  422,357    -2.1%
      Accord *        32,131    37,954    -15.3%   148,486  178,610   -16.9%
      Civic *         30,731    32,365     -5.0%   126,380  127,909    -1.2%
      Prelude            152       833    -81.8%     1,770    3,481   -49.2%
      S2000            1,043     1,312    -20.5%     4,460    5,031   -11.3%
      Insight            190       903    -79.0%     1,119    2,534   -55.8%
      Odyssey *       13,465    11,632     15.8%    64,712   53,361    21.3%
      Passport *         312     1,314    -76.3%     2,846    6,737   -57.8%
      Pilot *            479                           479
      CR-V            11,727    10,640     10.2%    63,121   44,694    41.2%
     * Domestic
        Vehicle Ttl   70,157    78,051    -10.1%   309,042  330,660    -6.5%
       Accord         28,387    34,509    -17.7%   123,734  150,347   -17.7%
       Civic          27,514    30,600    -10.1%   117,271  120,220    -2.5%
       Passport          312     1,314    -76.3%     2,846    6,737   -57.8%
       Pilot             479                           479
       Odyssey        13,465    11,628     15.8%    64,712   53,356    21.3%

    Acura Division
        Total         16,229    14,584     11.3%    71,372   69,449     2.8%
      Integra              2     2,408    -99.9%        19    9,001   -99.8%
      RSX              2,995                        13,195
      CL *             1,093     1,691    -35.4%     5,704    8,347   -31.7%
      TL *             5,825     5,606      3.9%    26,520   29,459   -10.0%
      RL                 667     1,056    -36.8%     3,841    4,332   -11.3%
      NSX                 14        17    -17.6%       103       82    25.6%
      MDX *            5,633     3,806     48.0%    21,990   18,228    20.6%
    Selling Days          26        26                 127      127

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