Honda Sets All-Time Record for Worldwide Production for the First Half of the Fiscal Year
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Honda Sets All-Time Record for Worldwide Production for the First Half of the Fiscal Year
TOKYO - October 29, 2007: Honda Motor Company today announced a summary of automobile production, Japan domestic sales, and export results for the month of September and the first half of the current fiscal year (April-September 2007), including all-time records for worldwide auto production and production in regions outside of Japan for the first half of the fiscal year.
I. Production
1) September 2007
Due to a decrease in production for the domestic market, production in
Japan experienced a year-on-year decrease for the first time in two
months (since July 2007).
Production outside Japan experienced a year-on-year increase for the 26th consecutive month (since August 2005).
Worldwide production experienced a year-on-year increase for the 26th consecutive month (since August 2005).
Honda set an all-time record for the month of September for production in regions outside of Japan and worldwide production, as well as production in Europe. The production in Asia and China marked an all-time record for any month.
2) First Half of Current Fiscal Year (April - September 2007)
Due to a decrease in production for the domestic market, total
production in Japan for the first half of the current fiscal year
experienced a year-on-year decrease for the first time in four years
(since the fiscal year ended March 31, 2004).
Due to increased production in North America and Asia, production
outside of Japan for the first half of the current fiscal year
experienced a year-on-year increase for the eleventh consecutive year
(since the fiscal year ended March 31, 1998).
Worldwide production for the first half of the current fiscal year
experienced a year-on-year increase for the fourth consecutive year
(since the fiscal year ended March 31, 2005).
Honda set all-time fiscal first half records for production in regions
outside Japan and worldwide production, as well as for production in
North America, the U.S., Europe, Asia and China.
II. Japan Domestic Market Sales
1) September 2007
Total domestic sales for the month of September experienced a
year-on-year decline for the ninth consecutive month (since January
2007).
New vehicle registrations in September experienced a year-on-year
decline for the fifth consecutive month (since May 2007).
Sales of mini-vehicles in September experienced a year-on-year decline
for the seventh consecutive month (since March 2007).
- Vehicle registrations - excluding mini-vehicles:
Fit was the industry's second best selling car among new vehicle
registrations for the month of September, with sales of 10,745 units.
Sales of StepWGN totaled 5,525 units.
- Mini-vehicles - under 660cc:
Life was the industry's third best selling car among mini-vehicles for
the month of September, with sales of 9,481 units. Zest was the
industry's eighth best selling mini-vehicle with sales of 5,946 units.
2) First Half of Current Fiscal Year (April - September 2007)
Total domestic sales for the first half of the current fiscal year
experienced a year-on-year decline for the second consecutive year
(since the fiscal year ended March 31, 2007).
New vehicle registrations for the first half of the current fiscal year
experienced a year-on-year decline for the second consecutive year
(since the fiscal year ended March 31, 2007).
Sales of mini-vehicles for the first half of the current fiscal year
experienced a year-on-year decline for the first time in four years
(since the fiscal year ended March 31, 2004).
- Vehicle registrations - excluding mini-vehicles:
Fit was the industry's third best selling car among new vehicle
registrations for the first half of the current fiscal year, with sales
of 46,064 units. Stream was the industry's tenth best selling car with
sales of 29,124 units.
- Mini-vehicles - under 660cc:
Life was the industry's sixth best selling car among mini-vehicles for
the first half of the current fiscal year with sales of 40,770 units.
Zest was the industry's ninth best selling mini-vehicle with sales of
24,388 units.
III. Exports from Japan
1) September 2007
Due mainly to an increase in exports to North America, Europe and Asia,
total exports from Japan in September experienced a year-on-year
increase for the third consecutive month (since July 2007).
2) First Half of Current Fiscal Year (April - September 2007)
Due mainly to increased exports to North America and Asia, total exports
from Japan for the first half of the current fiscal year experienced a
year-on-year increase for the fourth consecutive year (since fiscal year
ended March 31, 2005).
IV. Production, Sales and Export Figures for the First Half
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*1st Half Total
Fiscal Year September Year-to-Date
end 3/31/2008 2007 (Jan-Sept 2007)
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Units vs.'07 Units vs.'06 Units vs.'06
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Production in Japan
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Domestic 637,455 +0.0% 112,039 -5.9% 982,257 +1.6%
Overseas(CBU only) 1,273,727 +10.2% 216,202 +8.1% 1,904,042 +10.0%
Worldwide Total 1,911,182 +6.6% 328,241 +2.9% 2,886,299 +7.0%
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Production Outside of Japan
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North America 703,514 +2.5% 107,812 -6.4% 1,074,962 +2.4%
(USA only) 498,706 +4.0% 76,234 -4.9% 763,926 +3.5%
Europe 113,073 +23.8% 21,627 +27.5% 171,069 +19.5%
Asia 392,497 +19.3% 74,900 +26.8% 567,746 +21.2%
(China only) 228,611 +27.1% 46,848 +30.1% 327,871 +29.4%
Others 64,643 +32.6% 11,863 +35.7% 90,265 +28.3%
Overseas Total 1,273,727 +10.2% 216,202 +8.1% 1,904,042 +10.0%
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Japan Domestic Sales
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Registrations 181,601 -7.9% 37,259 -18.4% 293,291 -7.8%
Mini - Vehicles 110,261 -26.2% 23,309 -26.3% 172,104 -19.0%
Honda Brand Total 291,862 -15.8% 60,568 -21.6% 465,395 -12.3%
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Export from Japan
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North America 206,032 +20.0% 36,408 +11.4% 304,850 +18.7%
(USA) 193,539 +26.2% 33,394 +6.4% 287,168 +24.9%
Europe 56,158 -2.2% 10,564 +40.5% 91,238 -6.5%
Asia 15,061 +69.5% 2,212 +32.6% 20,040 +45.4%
Others 71,106 +15.1% 9,383 +55.6% 105,124 +20.6%
Total 348,357 +16.2% 58,567 +22.3% 521,252 +14.4%
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*(April/01/2007 - September/30/2007)