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American Honda Posts Best-Ever June and Best-Ever First Half Yearly Sales

Record June for Honda and Acura Divisions

TORRANCE, Calif., July 1 -- American Honda Motor Co., Inc., along with both the Honda and Acura sales divisions, recorded new all-time record June sales as American Honda posted its best ever first half for any calendar year, the company announced today. June highlights include:

   *  All-time record June sales for American Honda

   *  All-time record first-half sales for American Honda

   *  All-time record June sales for Honda Division

   *  All-time record June sales for Acura Division

   *  Record June sales of Odyssey, Pilot and CR-V

   *  Record June sales of Acura TSX

Total American Honda June sales of 116,101 rose 1.1 percent over last year's results and broke the previous record of 112,120 units set in June 2001. American Honda year-to-date sales surpassed last year's record six-month result by 1.9 percent to set a new first-half record of 686,024 total American Honda sales.

"With the economy showing continued signs of improvement and some great new vehicles in the pipeline, including an all-new Odyssey, a new Acura RL and the Accord V6 Hybrid, we're on track for a record year in 2004," said Dick Colliver, executive vice president of American Honda Motor Co., Inc.

The Honda Division posted record June sales of 99,919 units, beating the previous record of 96,659 set in June 2001, along with near-record six-month sales of 589,286. Honda also celebrated record June sales for the Honda Odyssey, CR-V and Pilot -- all previously set in June 2003. Accord and Civic both enjoyed increases for the month of June with sales up 6.0 and 0.7 percent, respectively.

The Civic Hybrid posted a 27.2 percent increase over last year with sales of 1,802 units despite a limited supply of vehicles in dealer inventories. Year-to-date Civic Hybrid sales of 14,026 rose 24.8 percent over year-ago results, reflecting continued strong consumer demand for hybrid vehicles.

Acura sales in June rose 8.2 percent over year-ago totals to 16,182 units, breaking the previous June record of 15,461 set in 2001. Year-to-date Acura sales of 96,738 are up 18.1 percent versus last year. Sales of the TSX sports sedan rose 38.2 percent to 2,765 -- a new June record and the third best month since its introduction. The all-new Acura TL performance luxury sedan also had a very strong month with sales of 6,393, an increase of 40.4 percent over last year's results. Year-to-date sales for the TL are up 43.4 percent to 38,901.

                  American Honda Vehicle Sales For June 2004

                              Month-to-Date              Year-to-Date
                          June     June    DSR**    June     June    DSR**
                          2004     2003    % Chg.   2004     2003    % Chg.
   American Honda Total   116,101  110,290    1.1%  686,024  669,033    1.9%
      Total Car Sales      72,753   66,578    4.9%  427,692  405,888    4.7%
      Total Truck Sales    43,348   43,712   -4.8%  258,332  263,145   -2.5%
         Honda Total Car
          Sales            60,966   56,659    3.3%  359,316  351,980    1.4%
         Honda Total
          Truck Sales      38,953   39,273   -4.8%  229,970  235,685   -3.1%
         Acura Total Car
          Sales            11,787    9,919   14.1%   68,376   53,908   26.0%
         Acura Total
          Truck Sales       4,395    4,439   -5.0%   28,362   27,460    2.6%
   Domestic Car Sales *    61,535   54,081    9.2%  353,886  313,626   12.1%
      Honda Division       55,130   49,115    7.8%  314,717  282,376   10.7%
      Acura Division        6,405    4,966   23.8%   39,169   31,250   24.5%
   Domestic Truck Sales *  31,945   32,459   -5.5%  188,353  192,759   -2.9%
      Honda Division       27,550   28,020   -5.6%  159,991  165,299   -3.8%
      Acura Division        4,395    4,439   -5.0%   28,362   27,460    2.6%
   Import Car Sales        11,218   12,497  -13.8%   73,806   92,262  -20.5%
      Honda Division        5,836    7,544  -25.7%   44,599   69,604  -36.3%
      Acura Division        5,382    4,953    4.3%   29,207   22,658   28.1%
   Import Truck Sales      11,403   11,253   -2.7%   69,979   70,386   -1.2%
      Honda Division       11,403   11,253   -2.7%   69,979   70,386   -1.2%
   MODEL BREAKOUTS BY
   DIVISION
   Honda Division Total    99,919   95,932    0.0%  589,286  587,665   -0.4%
      Accord *             34,025   30,817    6.0%  192,106  193,876   -1.6%
      Civic *              26,249   25,030    0.7%  162,483  153,009    5.5%
      Prelude                   0        0                0        9
      S2000                   629      732  -17.5%    4,238    4,295   -2.0%
      Insight                  61       80  -26.8%      485      790  -39.0%
      FCX                       2        0                4        1  297.4%
      Odyssey  *           14,233   13,792   -0.9%   76,084   79,212   -4.6%
      Passport                  0        4                0       60
      Pilot *               8,643    8,311   -0.2%   53,732   51,183    4.3%
      CR-V                 11,403   11,253   -2.7%   69,979   70,386   -1.2%
      Element *             4,674    5,913  -24.1%   30,175   34,844  -14.0%
   Acura Division Total    16,182   14,358    8.2%   96,738   81,368   18.1%
      RSX                   2,152    2,449  -15.6%   11,491   12,968  -12.0%
      CL *                     12      595  -98.1%      268    4,302  -93.8%
      TL *                  6,393    4,371   40.4%   38,901   26,948   43.4%
      TSX                   2,765    1,921   38.2%   14,752    6,032  143.0%
      RL                      448      559  -23.1%    2,839    3,515  -19.8%
      NSX                      17       24  -32.0%      125      143  -13.2%
      MDX *                 4,395    4,439   -5.0%   28,362   27,460    2.6%
   Selling Days                25       24              153      152

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