Honda's Cumulative Worldwide Automobile Production Reaches 50 Million Units

Tokyo, Japan, Aug. 27, 2003 - (JCN Newswire) - Honda Motor Co., Ltd.
today announced that as of August 2003, its cumulative worldwide
production of automobiles had reached 50 million units. 

In 1963, Honda started automobile production with the T360 mini truck
and the S500 small sports car. Production volume increased through the
subsequent introduction of such vehicles as the N360 (in 1967), Civic
(in 1972), and Accord (in 1976). After a period of twenty years, in
1983, cumulative worldwide production of automobiles reached 10 million
units. Automobile production in the U.S. began in 1982 and quickly
expanding in scale, greatly contributing to Honda's production totals. 

Cumulative worldwide production of automobiles reached 20 million units
in 1990 and 30 million units in 1995. As production in Asia and other
areas expanded, cumulative production of automobiles reached 40 million
units in 1999 and 50 million units in August 2003. 

Based on its fundamental policy of manufacturing where there is demand,
Honda has actively engaged in overseas production. Starting with
knockdown production of mini vehicles (N600 and TN 600) in Taiwan in
1969, Honda began automobile production (Accord) in the U.S.A. in 1982,
as the first Japanese automobile manufacturer to do so. Production sites
expanded to various locations worldwide and Honda is currently producing
automobiles at a total of 19 sites in 15 countries. 

Of the 50 million units, approximately 33.8 million units were produced
in Japan and 12.6 million in North America. The Civic series
comprisesapproximately 15 million units and the Accord series
approximately 13 million units.


About Honda Motor Co., Ltd.

Honda Motor Co., Ltd. was established in 1948 and
is one of today's leading manufacturers of automobiles and the
largest manufacturer of motorcycles in the world. The company and its
subsidiaries develop, manufacture and distribute a wide variety of
products, ranging from small general-purpose engines to specialty sports
cars and also provides financial services. Honda's manufacturing
operations for automobiles, motorcycles, engines and power products are
principally conducted in twenty five factories, six of which are located
in Japan, five in the United States, two each in Thailand and Brazil and
one each in Canada, the United Kingdom, France, Italy, Spain, India,
Pakistan, the Philippines, Vietnam and Mexico. For further information,
please visit the Honda Motor Co., Ltd. home page at: www.honda.co.jp
http://www.honda.co.jp>