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American Honda Sets New July Sales Record

TORRANCE, Calif., Aug. 1 -- Total American Honda sales set a new July sales record of 112,542, up 7.1 percent, the company's second best month ever, according to figures released today by American Honda Motor Co., Inc.

Light truck sales of 33,896 led the way, increasing 44.8 percent compared to the same period last year and a new record for the month. Honda CR-V sales, up 55.3 percent to 14,596 set a new all-time record. The Acura MDX luxury SUV posted a sales increase of 50.5 percent at 3,769 vehicles. Honda Odyssey sales of 9,991 were up 4.5 percent. The new Honda Pilot SUV, added 5,361 vehicles to the total.

"After the past couple of months, consumers may feel that hard goods are a better investment right now than the stock market," said Dick Colliver, American Honda executive vice president. "Sales would have been even stronger except dealers had low inventories of the Acura MDX, Honda Pilot and Odyssey."

Passenger car sales were led by the Accord, increasing 16.2 percent to 41,152 vehicles. Sales of the Acura RSX up 26.6 percent to 3,044 set a July record. Acura 3.2 TL sales of 5,430 also finished ahead of the previous record of 5,183 set in July 2001.

Total year-to-date sales of 707,245 are up 0.3 percent. Year-to-date total truck sales of 223,222 are up 29.8 percent.

                  American Honda Vehicle Sales For July 2002

                           Month-to-Date               Year-to-Date
                      July     July      DSR**     July      July     DSR**
                      2002     2001     % Chg.     2002      2001    % Chg.
    American Honda
      Total         112,542   100,921    7.1%    707,245   704,847     0.3%
     Total Car
      Sales          78,646    78,448   -3.8%    484,023   532,886    -9.2%
     Total Truck
      Sales          33,896    22,473   44.8%    223,222   171,961    29.8%
    Import Car
      Sales          12,108    11,042    5.3%     81,679    82,300    -0.8%
     Honda Division   7,999     6,564   17.0%     56,745    60,580    -6.3%
     Acura Division   4,109     4,478  -11.9%     24,934    21,720    14.8%
    Import Truck
      Sales          14,596     9,022   55.3%     88,209    63,874    38.1%
     Honda Division  14,596     9,022   55.3%     88,209    63,874    38.1%
    Domestic Car
      Sales*         66,538    67,406   -5.2%    402,344   450,586   -10.7%
     Honda Division  60,087    60,751   -5.0%    357,013   397,792   -10.3%
     Acura Division   6,451     6,655   -6.9%     45,331    52,794   -14.1%
    Domestic Truck
      Sales*         19,300    13,451   37.7%    135,013   108,087    24.9%
     Honda Division  15,531    11,047   35.0%    104,534    84,154    24.2%
     Acura Division   3,769     2,404   50.5%     30,479    23,933    27.4%

    MODEL BREAKOUTS BY DIVISION
    Honda Division
      Total          98,213    87,384    7.9%    606,501   606,400     0.0%
     Accord*         41,152    34,005   16.2%    222,755   250,161   -11.0%
     Civic*          25,837    31,415  -21.0%    181,393   193,100    -6.1%
     Prelude             53       819  -93.8%      1,905     5,073   -62.4%
     S2000              911       753   16.1%      6,275     6,742    -6.9%
     Insight            133       323  -60.5%      1,430     3,296   -56.6%
     Odyssey*         9,991     9,174    4.5%     87,193    73,990    17.8%
     Passport*          179     1,873  -90.8%      3,242    10,169   -68.1%
     Pilot*           5,361                       14,099
     CR-V            14,596     9,022   55.3%     88,209    63,869    38.1%
     *Domestic
         Vehicle
          Ttl        75,618    71,798    1.1%    461,547   481,946    -4.2%
        Accord       37,058    31,684   12.3%    190,341   216,960   -12.3%
        Civic        23,029    29,067  -23.9%    166,672   180,832    -7.8%
        Passport        179     1,873  -90.8%      3,242    10,169   -68.1%
        Pilot         5,361                       14,099
        Odyssey       9,991     9,174    4.5%     87,193    73,985    17.9%

    Acura Division
      Total          14,329    13,537    1.6%    100,744    98,447     2.3%
     Integra              0     1,371                 19    13,009   -99.9%
     RSX              3,044     2,308   26.6%     19,194     2,561   649.5%
     CL*              1,021     1,472  -33.4%      7,829    11,536   -32.1%
     TL*              5,430     5,183    0.6%     37,502    41,258    -9.1%
     RL               1,050       781   29.1%      5,588     6,037    -7.4%
     NSX                 15        18  -20.0%        133       113    17.7%
     MDX*             3,769     2,404   50.5%     30,479    23,933    27.4%
    Selling Days         25        24                178       178
     * Honda and Acura vehicles are made of domestic and global sourced parts.
    ** Daily Selling Rate