American Honda Sales Set New November Record

TORRANCE, Calif., Dec. 3, 2002 -- Total American Honda sales set a new November record of 98,075 vehicles, an increase of 4.6 percent from last year, according to sales figures released today by American Honda Motor Co., Inc.

A 35.6 percent increase in light trucks sales to 37,716 paced the increase, making November American Honda's second best truck month ever. Truck sales were led by the Acura MDX with an increase of 25.6 percent to 4,569, the Honda Odyssey minivan with sales of 14,024, up 17.5 percent, and the new Honda Pilot, with sales of 8,248, its second best month since going on sale in June.

"Consumer demand for light trucks continues unabated," said Dick Colliver, American Honda executive vice president. "With the new Honda Element going on sale later this month, we'll be even better prepared to meet the demand for light trucks."

Year-to-date American Honda sales of 1,147,098 are running 2.7 percent ahead of last year's record setting pace. Light truck sales are up 33 percent to 136,943 for the year.

                American Honda Vehicle Sales For November 2002
                            Month-to-Date               Year-to-Date
                    November  November   DSR**   November  November   DSR**
                      2002      2001     % Chg.    2002      2001     % Chg.
    American Honda
     Total           98,075    90,153     4.6%  1,147,098  1,112,757    2.7%
      Total Car
       Sales         60,359    63,404    -8.5%    777,351    835,706   -7.3%
      Total Truck
       Sales         37,716    26,749    35.6%    369,747    277,051   33.0%
    Import Car Sales 14,913    13,901     3.2%    136,943    136,123    0.2%
      Honda Division 12,079    10,441    11.2%     99,818     98,496    1.0%
      Acura Division  2,834     3,460   -21.2%     37,125     37,627   -1.7%
    Import Truck
     Sales           10,847    10,709    -2.6%    133,979    105,189   26.9%
      Honda Division 10,847    10,709    -2.6%    133,979    105,189   26.9%
    Domestic Car
     Sales *         45,446    49,503   -11.7%    640,408    699,583   -8.8%
      Honda Division 40,818    42,815    -8.3%    572,237    618,410   -7.8%
      Acura Division  4,628     6,688   -33.5%     68,171     81,173  -16.3%
    Domestic Truck
     Sales *         26,869    16,040    61.1%    235,768    171,862   36.7%
      Honda Division 22,300    12,543    71.0%    187,856    134,856   38.8%
      Acura Division  4,569     3,497    25.6%     47,912     37,006   29.0%
    MODEL BREAKOUTS
     BY DIVISION
    Honda Division
     Total           86,044    76,508     8.1%    993,890    956,951    3.5%
      Accord *       30,058    29,316    -1.4%    367,210    384,649   -4.9%
      Civic *        22,032    22,362    -5.3%    291,666    310,120   -6.3%
      Prelude             6       755   -99.2%      1,963      8,681  -77.5%
      S2000             659       581     9.1%      9,140      9,049    0.6%
      Insight           142       242   -43.6%      2,076      4,407  -53.1%
      Odyssey *      14,024    11,475    17.5%    141,165    118,503   18.7%
      Passport *         28     1,068   -97.5%      3,492     16,358  -78.7%
      Pilot *         8,248                        43,199
      CR-V           10,847    10,709    -2.6%    133,979    105,184   26.9%
      * Domestic
         Vehicle Ttl 63,118    55,358     9.6%    760,093    753,266    0.5%
        Accord       22,067    22,169    -4.3%    307,494    327,238   -6.4%
        Civic        18,751    20,646   -12.7%    264,743    291,172   -9.4%
        Passport         28     1,068   -97.5%      3,492     16,358  -78.7%
        Pilot         8,248                        43,199
        Odyssey      14,024    11,475    17.5%    141,165    118,498   18.7%
    Acura Division
     Total           12,031    13,645   -15.2%    153,208    155,806   -2.0%
      Integra             0        25                  19     13,729  -99.9%
      RSX             2,225     2,350    -9.0%     28,023     13,942  100.3%
      CL *              720     1,455   -52.4%     11,420     17,412  -34.6%
      TL *            3,908     5,233   -28.2%     56,751     63,761  -11.3%
      RL                595     1,070   -46.5%      8,857      9,790   -9.9%
      NSX                14        15   -10.3%        226        166   35.7%
      MDX *           4,569     3,497    25.6%     47,912     37,006   29.0%
    Selling Days         26        25                 282        281

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