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Another Record-Setting American Honda Month Driven by CR-V Sales

4 August 1998

Another Record-Setting American Honda Month Driven by CR-V Sales
    TORRANCE, Calif., Aug. 3 -- American Honda posted best-ever
July sales of 92,820, up 5.6 percent from the previous year, according to
sales figures released today by American Honda Motor Co., Inc.  It was the
company's second-best month ever and was the fourth consecutive record
breaking month.
    July was lead by all-time record CR-V sales of 10,697, up 63.8 percent.
With CR-V sales topping the 10,000 mark for the first time ever and Passport
sales of 2,824 up 50.5 percent, total truck sales set a new all-time record of
12,709, up 42.1 percent from last July and up 22.3 percent for 1998.
    Continued strong demand for the Civic pushed its sales to 30,891 for the
month, a new July record.  Accord sales of 33,795 were off 0.2 percent as
on-hand dealer inventories dropped below a 15-day supply.  Both Accord and
Civic are running strong year-to-date, with increases of 18.2 percent and 6.2
percent, respectively.
    Acura Division sales of 11,114 were paced by record July sales of the RL
up 29.5 percent and CL sales of 3,225, up 6.8 percent.


                 AMERICAN HONDA VEHICLE SALES FOR JULY, 1998
                               Month-to-Date             Year-to-Date
                        July      July     DSR**   July      July      DSR**
                        1998      1997     % Chg.  1998      1997     % Chg.

    AMERICAN HONDA TTL92,820     87,929    5.6%  580,625   530,925     9.4%
     Total Car Sales  77,287     77,107    0.2%  500,629   461,664     8.4%
     Total Truck Sales15,533     10,822   43.5%   79,996    69,261    15.5%
    IMPORT CAR SALES  11,953     18,626  -35.8%   69,274    94,716   -26.9%
     Honda Division    4,244     10,524  -59.7%   25,501    47,662   -46.5%
     Acura Division    7,709      8,102   -4.9%   43,773    47,054    -7.0%
    IMPORT TRUCK SALES12,709      8,945   42.1%   64,886    53,053    22.3%
     Honda Division   12,529      8,774   42.8%   63,949    52,434    22.0%
     Acura Division      180        171    5.3%      937       619    51.4%
    DOMESTIC CAR SALES65,334     58,481   11.7%  431,355   366,948    17.6%
     Honda Division   62,109     55,462   12.0%  414,243   349,962    18.4%
     Acura Division    3,225      3,019    6.8%   17,112    16,986     0.7%
    DOMESTIC TRUCK SALES
     Honda Division    2,824      1,877   50.5%   15,110    16,208    -6.8%

    MODEL BREAKOUTS BY DIVISION
    Honda Division
     Total            81,706     76,637    6.6%  518,803   466,266    11.3%
      Accord *        33,795     33,865   -0.2%  230,472   194,910    18.2%
      Civic *         30,891     29,995    3.0%  199,356   187,773     6.2%
      Prelude          1,633      1,513    7.9%    9,312    11,084   -16.0%
      del Sol             23        607  -96.2%      521     3,826   -86.4%
      EV-Plus             11          6   83.3%       83        31   167.7%
      Odyssey          1,832      2,242  -18.3%    9,396    13,052   -28.0%
      Passport *       2,824      1,877   50.5%   15,110    16,208    -6.8%
      CR-V            10,697      6,532   63.8%   54,553    39,382    38.5%
      *Domestic
       Vehicle Ttl    64,933     57,339   13.2%  429,353   366,170    17.3%
        Accord        33,789     30,698   10.1%  230,051   189,338    21.5%
        Civic         28,320     24,764   14.4%  184,192   160,624    14.7%
        Passport       2,824      1,877   50.5%   15,110    16,208    -6.8%
    Acura Division
     Total            11,114     11,292   -1.6%   61,822    64,659    -4.4%
       Integra         3,766      4,329  -13.0%   20,586    23,689   -13.1%
       CL
        (Domestic Built)3,225     3,019    6.8%   17,112    16,986     0.7%
       TL              2,201      2,414   -8.8%   14,389    14,170     1.5%
       RL              1,714      1,324   29.5%    8,635     8,940    -3.4%
       NSX                28         35  -20.0%      163       253   -35.6%
       Legend                         0                0         2
       SLX               180        171    5.3%      937       619    51.4%
    Selling Days          26         26              179       179

    (**)  Daily Selling Rate