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American Honda Posts Best Ever October Truck Sales

TORRANCE, Calif., Nov. 3, 2003 -- Powered by record October sales of the Honda Pilot, Element and Acura MDX sport-utility vehicles, American Honda recorded its best-ever October sales for light truck models. Combined Honda and Acura light truck sales of 41,942 topped last year's record of 35,964 by 16.6 percent. American Honda light truck sales for the year are up 34.5 percent to 446,430 units through the end of October.

American Honda total sales of 1,151,641 are up 9.8 percent for the calendar year on the strength of new models including the Accord, Element, Acura TSX and the just launched Acura TL sport luxury sedan. Total American Honda car and truck sales in October declined a modest 2.9 percent versus a year ago.

Honda Division

Honda Division year-to-date sales rose 11.3 percent over year-ago totals to 1,010,683 units, while October sales of 85,539 were down 6.2 percent from last October. Record October sales of the Element and Pilot powered Honda to a new October light truck sales record of 37,006 units, up 17.6 percent from last year. Light truck sales for the calendar year are up 38.5 percent to 399,877 through the end of October.

Honda also maintained its leadership in sales of hybrid vehicles with results for its hybrid models, the Insight and Civic Hybrid, totaling 1,706 units for the month and 19,805 for the calendar year to date.

Acura Division

Powered by the introduction of the all-new, 270-horsepower, Acura TL luxury sports sedan, TL sales jumped 38.7 percent to a new October record of 6,031 units for the month. Acura Division sales rose 21.7 percent to 14,731 on record October sales of the TL and TSX sports sedans and MDX luxury sport-utility vehicle. Acura sales year-to-date are off 0.2 percent through the end of October.

                American Honda Vehicle Sales For October 2003

                         Month-to-Date              Year-to-Date
                   October  October   DSR**    October    October   DSR**
                     2003     2002    % Chg.      2003      2002   % Chg.
  American Honda
    Total          100,270  103,256    -2.9% 1,151,641 1,049,023     9.8%
   Total Car Sales  58,328   67,292   -13.3%   705,211   716,992    -1.6%
   Total Truck
    Sales           41,942   35,964    16.6%   446,430   332,031    34.5%
  Import Car Sales  11,505   14,011   -17.9%   148,962   122,030    22.1%
   Honda Division    8,029   11,611   -30.9%   106,154    87,739    21.0%
   Acura Division    3,476    2,400    44.8%    42,808    34,291    24.8%
  Import Truck
    Sales           11,343   10,437     8.7%   122,042   123,132    -0.9%
   Honda Division   11,343   10,437     8.7%   122,042   123,132    -0.9%
  Domestic Car
    Sales *         46,823   53,281   -12.1%   556,249   594,962    -6.5%
   Honda Division   40,504   48,063   -15.7%   504,652   531,419    -5.0%
   Acura Division    6,319    5,218    21.1%    51,597    63,543   -18.8%
  Domestic Truck
    Sales *         30,599   25,527    19.9%   324,388   208,899    55.3%
   Honda Division   25,663   21,041    22.0%   277,835   165,556    67.8%
   Acura Division    4,936    4,486    10.0%    46,553    43,343     7.4%

  MODEL BREAKOUTS
   BY DIVISION
  Honda Division
    Total           85,539   91,152    -6.2% 1,010,683   907,846    11.3%
   Accord *         28,866   32,816   -12.0%   343,464   337,152     1.9%
   Civic *          19,130   26,001   -26.4%   259,461   269,634    -3.8%
   Prelude               0       12                 10     1,957   -99.5%
   S2000               485      682   -28.9%     6,782     8,481   -20.0%
   Insight              49      163   -69.9%     1,085     1,934   -43.9%
   FCX                   3                           4
   Odyssey*         10,962   13,117   -16.4%   132,525   127,141     4.2%
   Passport *            1       52   -98.1%        70     3,464   -98.0%
   Pilot *           9,569    7,872    21.6%    87,124    34,951   149.3%
   CR-V             11,343   10,437     8.7%   122,042   123,132    -0.9%
   Element *         5,131                      58,116
  * Domestic
      Vehicle Ttl   66,167   69,104    -4.3%   782,487   696,975    12.3%
      Accord        24,458   25,007    -2.2%   278,749   285,427    -2.3%
      Civic         16,046   23,056   -30.4%   225,903   245,992    -8.2%
      Passport           1       52   -98.1%        70     3,464   -98.0%
      Pilot          9,569    7,872    21.6%    87,124    34,951   149.3%
      Odyssey       10,962   13,117   -16.4%   132,525   127,141     4.2%
      Element        5,131                      58,116
  Acura Division
    Total           14,731   12,104    21.7%   140,958   141,177    -0.2%
   Integra               0        0                  0        19
   RSX               1,196    1,668   -28.3%    21,292    25,798   -17.5%
   CL *                288      869   -66.9%     6,288    10,700   -41.2%
   TL *              6,031    4,349    38.7%    45,309    52,843   -14.3%
   TSX               1,758                      15,336
   RL                  517        705  -26.7%    5,974     8,262   -27.7%
   NSX                   5         27  -81.5%      206       212    -2.8%
   MDX *             4,936      4,486   10.0%   46,553    43,343     7.4%
  Selling Days          27         27              256       256

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