Honda Achieves Record Monthly Overseas and Worldwide Production
Tokyo, Japan, Feb 24, 2006 - (JCN Newswire) - Honda Motor Co., Ltd. announced production, Japanese domestic sales, and export results for the month of January 2006. Honda achieved a new monthly record for overseas and worldwide production for the month of January.Japanese domestic production for the month of January declined 4.9% compared to the same month a year ago due to a decrease in production of domestic models - the second consecutive month for a decline in domestic production compared to the same month a year ago.
Overseas production in January increased 9.5% due to production increases in North America and Asia. It is the sixth consecutive month, since August 2005, for an increase over the same month a year ago.
Worldwide production in January increased 3.9% due to increased overseas production. It is the sixth consecutive month, since August 2005, for an increase over the same month a year ago.
Japan Domestic Sales
Total domestic sales for the month of January of 33,477 units represents a 18.4% decline compared to the same month a year ago, due to decreased sales in both registrations and mini vehicles. It is the third consecutive month, since November 2005, for domestic sales to decline compared to the same month a year ago.
Sales of registrations declined 12.7% compared to the same month a year ago - the second consecutive month for a decline. This was due primarily to stabilizing demand for Fit and Odyssey. Sales of mini vehicles also declined 28.7% for the month of January compared to the same month a year ago due to stabilizing demand for the Life and That's models. It is the third consecutive month, since November 2005, for sales of mini vehicles to decline compared to the same month a year ago.
Fit was Honda's best selling vehicle (6,088 units, the industry's sixth best selling car in registrations) for the month of January. The Life (5,480 units, sixth best selling mini vehicle in the industry) and StepWGN (4,397 units, 17th best selling car in registrations in the market) were Honda's second and third best selling vehicles for the month.
Exports
Total exports for the month of January totaled 56,617 units, a 17.3% increase compared to the same month a year ago, due primarily to increased exports for Europe and the U.S. It is the first time in six months, since July 2005, that exports exceeded the total from the same month a year ago. Introduction of the all-new Civic in Europe and strong sales of Accord in the U.S. contributed to this increase.
Honda Automobile Production, Sales & Exports (January 2006)
Production
----------------------------------------------------------------------
January
Units Vs.1/05
----------------------------------------------------------------------
Domestic (CBU+CKD) 100,832 -4.9%
Overseas (CBU only) 181,910 +9.5%
Worldwide Total 282,742 +3.9%
----------------------------------------------------------------------
Production by Region ----------------------------------------------------------------------
January
Units Vs.1/05
----------------------------------------------------------------------
North America 115,607 +7.7%
(USA only) 81,700 +11.7%
Europe 17,080 +7.4%
Asia 42,827 +14.6%
(China only) 21,038 +24.3%
Others 6,396 +17.1%
Regional Total 181,910 +9.5%
----------------------------------------------------------------------
Japan Domestic Sales ----------------------------------------------------------------------
Vehicle type January
Units Vs.1/05
----------------------------------------------------------------------
Registrations 23,022 -12.7%
Mini Vehicles 10,455 -28.7%
Honda Brand TTL 33,477 -18.4%
----------------------------------------------------------------------
Export from Japan ----------------------------------------------------------------------
January
Units Vs.1/05
----------------------------------------------------------------------
North America 26,555 +14.5%
(USA only) 24,040 +12.7%
Europe 18,619 +34.8%
Asia 1,184 -39.1%
Others 10,259 +10.1%
Total 56,617 +17.3%
----------------------------------------------------------------------