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PRESS RELEASE

Honda Announces 1996 Sales: Calendar Year Record

8 January 1997


                Honda Sets All-Time Calendar Year Sales Record
  


    TORRANCE, Calif., Jan. 6 -- American Honda Motor Company
capped a highly successful 1996 with record vehicle sales and U.S. production
figures, according to information released today.

    1996 Year-End Vehicle Sales Highlights:
    -- Honda Division set an all-time, calendar year sales record of 735,920,
up 4.9 percent from last year and surpassing the previous record set in 1990
by nearly 20,000 units.
    -- Acura Division sales of 108,008 were up 10.2 percent from 1995 levels,
supported by successful launches of the all-new 3.5RL luxury flagship sedan
and the CL Series luxury sports coupes.  As the first Acura model to be
designed, engineered and manufactured in the U.S., the CL has been a hit with
consumers, with demand consistently exceeding supply since arriving in
showrooms last March.
    -- American Honda's total year-end sales of 843,928 were up 5.5 percent
from last year's levels.  This was the second best year ever for the company.
(Record set in 1990 with 854,879 sales.)
    -- The Accord highlighted individual model performances with 382,298 total
sales, up 11.3 percent from 1995.

    December Vehicle Sales Highlights
    -- American Honda total sales of 66,055 were down 8.2 percent from last
year.
    -- Honda Division closed the month with 57,591 sales, down 10 percent from
last year.
    -- Acura sales of 8,464 sales were up 6.9 percent from a year ago,
representing the best December for the division since 1991.

    1996 North, American Vehicle Production Highlights
    -- American Honda's total North American vehicle production reached an
all-time high with 778,866 units, up 18 percent from the previous year.
    -- Domestic vehicle sales accounted for 82 percent of total U.S. vehicle
sales in 1996.  By comparison, domestic vehicles sales in 1995 accounted for
67 percent of total sales that year.
    -- Domestically produced Accords and Civics recorded all-time best sales
in 1996, and posted substantial increases from previous years' levels.


                American Honda Vehicle Sales For December 1996

                                  Month-to-Date            Year-to-Date
                              Dec     Dec     DSR**     Dec      Dec     DSR**
                             1996    1995   % Chg.     1996     1995    % Chg.

    AMERICAN HONDA TTL      66,055  71,935    -8.2%  843,928  794,579     5.5%
    Total Car Sales         63,782  69,127    -7.7%  813,179  766,398     5.4%
    Total Truck Sales        2,273   2,808   -19.1%   30,749   28,181     8.4%
    IMPORT CAR SALES        14,043  13,547     3.7%  147,668  255,354   -42.5%
    Honda Division           7,707   5,796    33.0%   58,965  158,203   -63.0%
    Acura Division           6,336   7,751   -18.3%   88,703   97,151    -9.3%
    IMPORT TRUCK SALES
    Acura Division              71     163   -56.4%    2,565      200  1174.2%
    DOMESTIC CAR SALES      49,739  55,580   -10.5%  665,511  511,044    29.4%
    Honda Division          47,682  55,580   -14.2%  648,771  511,044    26.1%
    Acura Division           2,057       0            16,740        0
    DOMESTIC TRUCK SALES
    Honda Division           2,202   2,645   -16.7%   28,184   27,981     0.1%

    MODEL BREAKOUTS BY DIVISION

    Honda Division Total     57,591  64,021   -10.0%  735,920  697,228    4.9%
    Accord *                 28,970  34,879   -16.9%  382,298  341,384   11.3%
    Civic *                  22,979  23,313    -1.4%  281,781  289,435   -3.3%
    Prelude                   1,532     664   130.7%   12,063   12,517   -4.3%
    del Sol                     374                     4,569
    Odyssey                   1,534   2,520   -39.1%   27,025   25,911    3.6%
    Passport *                2,202   2,645   -16.7%   28,184   27,981    0.1%

    * Domestic Vehicle Ttl   49,884  58,225   -14.3%  676,955  539,025   24.8%
    Accord                   28,964  34,672   -16.5%  381,912  293,898   29.1%
    Civic                    18,718  20,908   -10.5%  266,859  217,146   22.1%
    Passport                  2,202   2,645   -16.7%   28,184   27,981    0.1%

    Acura Division Total      8,464   7,914     6.9%  108,008   97,351   10.2%
    Integra                   3,414   4,218   -19.1%   46,966   61,316  -23.9%
    CL (Domestic Built)       2,057                    16,740
    TL                        1,507   2,680   -43.8%   24,700   16,539   48.4%
    RL                        1,386                    15,948
    NSX                          28     135   -79.3%      460      884  -48.3%
    Vigor                                 0                        253
    Legend                        1     718               629   18,159
    SLX                          71     163   -56.4%    2,565      200 1174.2%

    Selling Days                 25      25               308      306
    ** Daily Selling Rate

CONTACT: Art Garner, 313-567-7770, or Andy Boyd, 313-567-7774; or Mike Ackerman, 212-765-3804