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American Honda Posts Record Vehicle and Truck Sales for September 2004

Strong Honda Light Truck, Acura Vehicle Sales Result in a Solid Month

TORRANCE, Calif., Oct. 1 -- American Honda today reported new all-time record September sales of Honda and Acura cars and light trucks. Total American Honda vehicle sales of 108,470 reflect an increase of 1,818 units over the previous September record set in 2003. On a daily selling rate basis, total sales for the month were down 2.4 percent. All-time record sales of the Honda Pilot and record September sales of the Honda CR-V and Acura MDX led to a new September light truck sales record of 44,271, an increase of 2,289 vehicles over last year's record.

The Honda Division posted September vehicle sales of 92,199 and year-to-date sales of 904,491. Honda Division light truck sales in September broke last year's record with sales of 39,313 -- an increase of 1,920 vehicles. The Honda Pilot led the way with its second consecutive month of record sales, up 31.6 percent for the month with sales of 12,388. The CR-V also posted record September sales of 12,068 units, up 2.2 percent from last year.

For its 10th consecutive month of record-breaking sales, the Acura Division posted September results of 16,271, an increase of 21.3 percent over last year and breaking the previous record of 13,417 set in 1988. Year-to-date Acura sales of 146,500 are up 15.6 percent compared to last year. The TL performance luxury sedan posted its 12th consecutive month as Acura's top-selling model with sales of 6,500, surpassing the September 2000 record of 6,032 vehicles and an increase of 70.6 percent from last year. The TSX sports sedan and MDX luxury SUV also had a record-breaking month with sales of 2,825 and 4,958 respectively -- both surpassing records set in September 2003.

               American Honda Vehicle Sales For September 2004
                           Month-to-Date               Year-to-Date
                   September September DSR**   September September DSR**
                     2004      2003   % Chg.     2004      2003   % Chg.
  American Honda
   Total            108,470   106,652  -2.4%  1,050,991 1,051,371 -0.5%
   Total Car Sales   64,199    64,670  -4.7%    648,813   646,883 -0.1%
   Total Truck Sales 44,271    41,982   1.2%    402,178   404,488 -1.0%
    Honda Total Car
     Sales           52,886    56,386 -10.0%    545,223   562,273 -3.5%
    Honda Total
     Truck Sales     39,313    37,393   0.9%    359,268   362,871 -1.4%
    Acura Total Car
     Sales           11,313     8,284  31.1%    103,590    84,610 21.9%
    Acura Total
     Truck Sales      4,958     4,589   3.7%     42,910    41,617  2.7%
  Domestic Car
   Sales *           55,002    51,741   2.1%    543,263   509,426  6.2%
   Honda Division    48,501    47,631  -2.2%    484,855   464,148  4.0%
   Acura Division     6,501     4,110  51.8%     58,408    45,278 28.4%
  Domestic Truck
   Sales *           32,203    30,645   0.9%    292,193   293,789 -1.0%
   Honda Division    27,245    26,056   0.4%    249,283   252,172 -1.6%
   Acura Division     4,958     4,589   3.7%     42,910    41,617  2.7%
  Import Car Sales    9,197    12,929 -31.7%    105,550   137,457 -23.5%
   Honda Division     4,385     8,755 -51.9%     60,368    98,125 -38.7%
   Acura Division     4,812     4,174  10.7%     45,182    39,332 14.4%
   Import Truck
    Sales            12,068    11,337   2.2%    109,985   110,699 -1.1%
   Honda Division    12,068    11,337   2.2%    109,985   110,699 -1.1%

  MODEL BREAKOUTS BY DIVISION
  Honda Division
    Total            92,199    93,779  -5.6%    904,491   925,144 -2.7%
   Accord *          30,346    33,072 -11.9%    297,645   314,598 -5.8%
   Civic *           22,041    22,837  -7.3%    241,180   240,331 -0.1%
   Prelude                0         0                 0        10
   S2000                482       422   9.6%      5,835     6,297 -7.7%
   Insight               17        55 -70.3%        559     1,036 -46.3%
   FCX                    0         0                 4         1 298.3%
   Odyssey *          9,529    11,584 -21.0%    113,694   121,563 -6.9%
   Passport               0         4                 0        69
   Pilot *           12,388     9,038  31.6%     88,708    77,555 13.9%
   CR-V              12,068    11,337   2.2%    109,985   110,699 -1.1%
   Element *          5,328     5,430  -5.8%     46,881    52,985 -11.9%
  Acura Division
   Total             16,271    12,873  21.3%    146,500   126,227 15.6%
   RSX                1,831     1,483  18.5%     17,286    20,096 -14.4%
   CL *                   1       453 -99.8%        280     6,000 -95.4%
   TL *               6,500     3,657  70.6%     58,128    39,278 47.3%
   TSX                2,825     2,094  29.5%     24,210    13,578 77.5%
   RL                   144       590 -76.6%      3,535     5,457 -35.5%
   NSX                   12         7  64.6%        151       201 -25.2%
   MDX *              4,958     4,589   3.7%     42,910    41,617  2.7%
  Selling Days           25        24               230       229

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

  ** Daily Selling Rate