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American Honda Posts New Records in April

All-Time Record Light Truck Sales

TORRANCE, Calif., May 1 -- Spurred by record sales of Honda and Acura light trucks, American Honda Motor Co., Inc. recorded its best ever April and the third-best sales month in company history with sales of 117,783 vehicles, up 11.2 percent from year-ago totals. Total American Honda sales for the calendar year are running 13.2 percent ahead of last year's pace at 428,289 through the end of April.

Total American Honda light truck sales were up 55.2 percent over last April to 70,513, while year-to-date sales rose 38.1 percent over last year. Leading the surge in Honda light truck sales were the Odyssey minivan, Pilot sport-utility vehicle and the all-new Honda Element. Odyssey posted its third best month since its introduction with sales up 4.6 percent to 14,202, while Pilot and Element posted best-ever months with sales of 9,509 and 6,480 units, respectively.

"We're reaping the rewards of the most ambitious product offensive in our history with six all-new model introductions in the past thirteen months," said Dick Colliver, executive vice president of American Honda Motor Co., Inc.

Led by the MDX luxury SUV and the just-launched TSX sports sedan, Acura sold 15,058 units, an all-time record April and increase of 1.9 percent from last year. The Acura MDX posted sales of 4,720 for the month, surpassing last April's record by 30.2 percent.

                       American Honda Vehicle Sales For April 2003
                             Month-to-Date            Year-to-Date
                     April      April   DSR**    April     April   DSR**
                     2003       2002    % Chg.   2003      2002    % Chg.
  American Honda
   Total           117,783    101,847   11.2%  428,289   378,286    13.2%
     Total Car
      Sales         70,513     72,568   -6.6%  260,454   256,754     1.4%
     Total Truck
      Sales         47,270     29,279   55.2%  167,835   121,532    38.1%
  Import Car Sales  15,219     11,941   22.5%   63,646    46,344    37.3%
     Honda Division 10,562      8,196   23.9%   51,731    32,864    57.4%
     Acura Division  4,657      3,745   19.6%   11,915    13,480   -11.6%
  Import Truck
   Sales            12,354     12,341   -3.7%   45,361    51,394   -11.7%
     Honda Division 12,354     12,341   -3.7%   45,361    51,394   -11.7%
  Domestic Car
   Sales *          55,294     60,627  -12.3%  196,808   210,410    -6.5%
     Honda Division 49,613     53,655  -11.1%  176,140   185,104    -4.8%
     Acura Division  5,681      6,972  -21.7%   20,668    25,306   -18.3%
  Domestic Truck
   Sales *          34,916     16,938   98.2%  122,474    70,138    74.6%
     Honda Division 30,196     13,452  115.8%  104,542    53,781    94.4%
     Acura Division  4,720      3,486   30.2%   17,932    16,357     9.6%

  MODEL BREAKOUTS BY DIVISION
  Honda Division
   Total           102,725     87,644   12.7%  377,774   323,143    16.9%
     Accord *       33,202     31,349    1.8%  125,849   116,355     8.2%
     Civic *        26,026     29,054  -13.9%   98,836    95,649     3.3%
     Prelude             0        215                9     1,618   -99.4%
     S2000             837        994  -19.0%    2,565     3,417   -24.9%
     Insight           110        239  -55.7%      611       929   -34.2%
     FCX                 0                           1
     Odyssey  *     14,202     13,052    4.6%   49,446    51,247    -3.5%
     Passport *          5        400  -98.8%       52     2,534   -97.9%
     Pilot *         9,509                      33,095
     CR-V           12,354     12,341   -3.7%   45,361    51,394   -11.7%
     Element *       6,480                      21,949
  *  Domestic
      Vehicle Ttl   79,809     67,107   14.4%  280,682   238,885    17.5%
         Accord     26,637     27,157   -5.7%   93,081    95,347    -2.4%
         Civic      22,976     26,498  -16.6%   83,059    89,757    -7.5%
         Passport        5        400  -98.8%       52     2,534   -97.9%
         Pilot       9,509                      33,095
         Odyssey    14,202     13,052    4.6%   49,446    51,247    -3.5%
         Element     6,480                      21,949
  Acura Division
   Total            15,058     14,203    1.9%   50,515    55,143    -8.4%
     Integra             0          0                0        17
     RSX             2,122      2,906  -29.8%    7,704    10,200   -24.5%
     CL *              782      1,216  -38.2%    2,974     4,611   -35.5%
     TL *            4,899      5,756  -18.2%   17,694    20,695   -14.5%
     TSX             1,835                       1,836
     RL                669        825  -22.0%    2,285     3,174   -28.0%
     NSX                31         14  112.9%       90        89     1.1%
     MDX *           4,720      3,486   30.2%   17,932    16,357     9.6%
  Selling Days          26         25              101       101

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