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American Honda Reports April 2004 Sales Results

All-Time Record Civic Hybrid Sales;

Acura Posts Best-Ever April, Third Best Month in its History

TORRANCE, Calif., May 3 -- Record April sales of Acura vehicles, including double digit gains for the TSX and TL performance luxury sedans, along with strong demand for the Honda Civic and Civic Hybrid led American Honda to sales of 114,929 cars and light trucks in April, down slightly from a year ago when the company posted its best-ever April and the third best month in its history. American Honda sales for the 2004 calendar year are off a modest 1.3 percent from last year's record-setting pace at 426,730 units through the end of April.

Honda Division sales for the month totaled 98,491 units, down 4.1 percent from last year's best ever April, including a 5.6 percent jump in Civic sales. Civic Hybrid posted its second consecutive record month with sales of 3,041 units. Year-to-date Civic Hybrid sales rose 10.9 percent to 9,023 as consumer demand for hybrid models continues to grow. April results also included two Honda FCX fuel cell vehicles, the world's first commercial hydrogen-powered fuel cell car, sold under lease agreement to the city of San Francisco. The Honda brand also earned the highest quality rating among non- luxury brands in the recently released J.D. Power 2004 Initial Quality Survey and was fourth overall in the ratings behind luxury marques Lexus, Cadillac and Infiniti.

"When we look at sales in the context of our incentive spending, which remains the lowest in the industry, and factor in things like the latest J.D. Power IQS results, we can say that Honda is definitely on the right track," said Dick Colliver, executive vice president of American Honda Motor Co., Inc.

Acura Division posted a best ever April result of 16,438 cars and SUVs on continuing strong demand for its TSX and TL sedans, up 29 and 37 percent for the month, respectively. Sales for the all-new TL are up 41.8 percent for the calendar year, while the highly popular MDX continues to set a record pace with sales up 5.2 percent for the year. Acura year-to-date sales are up 21.6 percent over year ago totals.

                 American Honda Vehicle Sales For April 2004
                               Month-to-Date              Year-to-Date
                           April   April    DSR**    April    April   DSR**
                           2004    2003     % Chg.   2004     2003    % Chg.
   American Honda Total  114,929  117,783   -2.4%   426,730  428,289   -1.3%
     Total Car Sales      71,371   70,513    1.2%   261,052  260,454   -0.8%
     Total Truck Sales    43,558   47,270   -7.9%   165,678  167,835   -2.3%
        Honda Total Car
         Sales            59,703   60,175   -0.8%   218,101  227,871   -5.2%
        Honda Total
         Truck Sales      38,788   42,550   -8.8%   146,620  149,903   -3.1%
        Acura Total Car
         Sales            11,668   10,338   12.9%    42,951   32,583   30.5%
        Acura Total
         Truck Sales       4,770    4,720    1.1%    19,058   17,932    5.2%
   Domestic Car Sales *   58,420   55,294    5.7%   214,359  196,808    7.9%
     Honda Division       51,687   49,613    4.2%   188,796  176,140    6.1%
     Acura Division        6,733    5,681   18.5%    25,563   20,668   22.5%
   Domestic Truck Sales * 31,899   34,916   -8.6%   120,080  122,474   -2.9%
     Honda Division       27,129   30,196  -10.2%   101,022  104,542   -4.3%
     Acura Division        4,770    4,720    1.1%    19,058   17,932    5.2%
   Import Car Sales       12,951   15,219  -14.9%    46,693   63,646  -27.4%
     Honda Division        8,016   10,562  -24.1%    29,305   51,731  -43.9%
     Acura Division        4,935    4,657    6.0%    17,388   11,915   44.5%
   Import Truck Sales     11,659   12,354   -5.6%    45,598   45,361   -0.5%
     Honda Division       11,659   12,354   -5.6%    45,598   45,361   -0.5%

   MODEL BREAKOUTS BY
   DIVISION
   Honda Division Total   98,491  102,725   -4.1%   364,721  377,774   -4.4%
     Accord *             31,261   33,202   -5.8%   114,492  125,849   -9.9%
     Civic *              27,477   26,026    5.6%   100,626   98,836    0.8%
     Prelude                   0        0                 0        9
     S2000                   856      837    2.3%     2,687    2,565    3.7%
     Insight                 107      110   -2.7%       294      611  -52.4%
     FCX                       2        0                 2        1
     Odyssey  *           13,627   14,202   -4.0%    45,169   49,446   -9.5%
     Passport                  0        5                 0       52
     Pilot *               8,374    9,509  -11.9%    35,806   33,095    7.1%
     CR-V                 11,659   12,354   -5.6%    45,598   45,361   -0.5%
     Element *             5,128    6,480  -20.9%    20,047   21,949   -9.6%

   Acura Division Total   16,438   15,058    9.2%    62,009   50,515   21.6%
     RSX                   2,053    2,122   -3.3%     6,986    7,704  -10.2%
     CL *                     22      782  -97.2%       232    2,974  -92.3%
     TL *                  6,711    4,899   37.0%    25,331   17,694   41.8%
     TSX                   2,367    1,835   29.0%     8,402    1,836  353.1%
     RL                      496      669  -25.9%     1,924    2,285  -16.6%
     NSX                      19       31  -38.7%        76       90  -16.4%
     MDX *                 4,770    4,720    1.1%    19,058   17,932    5.2%

   Selling Days               26       26               102      101

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