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American Honda Reports March 2004 Sales

Acura Sets All-Time Record With Strong TL and MDX Sales

TORRANCE, Calif., April 1 -- American Honda broke several records for March sales, including all-time record sales for the Acura Division and its all-new TL sedan, as well as record March sales for the Honda Pilot, Civic Hybrid and Acura MDX. March sales for American Honda cars and light trucks totaled 115,849.

The Honda Division recorded total vehicle sales of 98,564, with year-to-date sales reaching 266,230 units. Increased consumer interest in fuel-efficient vehicles drove Civic Hybrid sales to an all-time record of 2,725, an increase of 7.6 percent from the previous record month in March 2003. The Honda Pilot broke its previous March record, set in 2003, and marked its second best sales month ever with sales of 10,019 units.

Led by strong sales for the TL, TSX and MDX, Acura total vehicle sales for March were 17,285, up 4.8 percent from the previous all-time record-setting month in May 2003. Year-to-date sales for the Acura lineup totaled 45,571, a 26.8 percent increase over last year. March was an all-time best sales month for the Acura TL with sales of 7,310, an increase of 5.6 percent from the previous record set in March 2001. The MDX, with sales of 5,194, bested its previous March record set in 2002. The Acura TSX also had an extremely strong month with sales of 2,206 units.

                American Honda Vehicle Sales For March 2004
                                                  Month-to-Date
                                            March     March        DSR**
                                            2004       2003        % Chg.
   American Honda Total                   115,849    121,694        -4.8%
     Total Car Sales                       70,884     74,645        -5.0%
     Total Truck Sales                     44,965     47,049        -4.4%
        Honda Total Car Sales              58,793     65,489       -10.2%
        Honda Total Truck Sales            39,771     42,162        -5.7%
        Acura Total Car Sales              12,091      9,156        32.1%
        Acura Total Truck Sales             5,194      4,887         6.3%
   Domestic Car Sales *                    58,269     57,273         1.7%
     Honda Division                        50,906     50,826         0.2%
     Acura Division                         7,363      6,447        14.2%
   Domestic Truck Sales *                  32,844     34,397        -4.5%
     Honda Division                        27,650     29,510        -6.3%
     Acura Division                         5,194      4,887         6.3%
   Import Car Sales                        12,615     17,372       -27.4%
     Honda Division                         7,887     14,663       -46.2%
     Acura Division                         4,728      2,709        74.5%
   Import Truck Sales                      12,121     12,652        -4.2%
     Honda Division                        12,121     12,652        -4.2%
   MODEL BREAKOUTS BY DIVISION
   Honda Division Total                    98,564    107,651        -8.4%
     Accord *                              31,098     35,863       -13.3%
     Civic *                               26,854     28,655        -6.3%
     Prelude                                    0          1
     S2000                                    758        748         1.3%
     Insight                                   83        222       -62.6%
     FCX                                        0          0
     Odyssey  *                            12,172     13,967       -12.9%
     Passport                                   0          7
     Pilot *                               10,019      9,302         7.7%
     CR-V                                  12,121     12,652        -4.2%
     Element *                              5,459      6,234       -12.4%
   Acura Division Total                    17,285     14,043        23.1%
     RSX                                    2,048      2,125        -3.6%
     CL *                                      53        911       -94.2%
     TL *                                   7,310      5,536        32.0%
     TSX                                    2,206          1    220500.0%
     RL                                       451        558       -19.2%
     NSX                                       23         25        -8.0%
     MDX *                                  5,194      4,887         6.3%
   Selling Days                                26         26
    *  Honda and Acura vehicles are made of domestic and global sourced
        parts.
    ** Daily Selling Rate

                American Honda Vehicle Sales For March 2004
                                                  Year-to-Date
                                            March      March        DSR**
                                            2004       2003         % Chg.
   American Honda Total                   311,801    310,506        -0.9%
     Total Car Sales                      189,681    189,941        -1.5%
     Total Truck Sales                    122,120    120,565         0.0%
        Honda Total Car Sales             158,398    167,696        -6.8%
        Honda Total Truck Sales           107,832    107,353        -0.9%
        Acura Total Car Sales              31,283     22,245        38.8%
        Acura Total Truck Sales            14,288     13,212         6.7%
   Domestic Car Sales *                   155,939    141,514         8.7%
     Honda Division                       137,109    126,527         6.9%
     Acura Division                        18,830     14,987        24.0%
   Domestic Truck Sales *                  88,181     87,558        -0.6%
     Honda Division                        73,893     74,346        -1.9%
     Acura Division                        14,288     13,212         6.7%
   Import Car Sales                        33,742     48,427       -31.2%
     Honda Division                        21,289     41,169       -49.0%
     Acura Division                        12,453      7,258        69.3%
   Import Truck Sales                      33,939     33,007         1.5%
     Honda Division                        33,939     33,007         1.5%
   MODEL BREAKOUTS BY DIVISION
   Honda Division Total                   266,230    275,049        -4.5%
     Accord *                              83,231     92,647       -11.3%
     Civic *                               73,149     72,810        -0.9%
     Prelude                                    0          9
     S2000                                  1,831      1,728         4.6%
     Insight                                  187        501       -63.2%
     FCX                                        0          1
     Odyssey  *                            31,542     35,244       -11.7%
     Passport                                   0         47
     Pilot *                               27,432     23,586        14.8%
     CR-V                                  33,939     33,007         1.5%
     Element *                             14,919     15,469        -4.8%
   Acura Division Total                    45,571     35,457        26.8%
     RSX                                    4,933      5,582       -12.8%
     CL *                                     210      2,192       -90.5%
     TL *                                  18,620     12,795        43.6%
     TSX                                    6,035          1    595459.2%
     RL                                     1,428      1,616       -12.8%
     NSX                                       57         59        -4.7%
     MDX *                                 14,288     13,212         6.7%
   Selling Days                                76         75
    *  Honda and Acura vehicles are made of domestic and global sourced
        parts.
    ** Daily Selling Rate