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New March Sales Record Continues Fast Selling Pace for American Honda

2 April 1999

New March Sales Record Continues Fast Selling Pace for American Honda
    TORRANCE, Calif., April. 1 -- American Honda continued its
record-setting 1999 sales pace started the first two months of this year with
sales of 87,132 -- beating the standing record for the month of 85,116 set in
March 1996.  A 55.3% increase in truck sales and record highs for three
individual models boosted the company to its third consecutive monthly sales
record for the year.
    Honda division reported sales of 77,837 for the month, a 0.6 percent
increase over March 1998 and the 23rd consecutive month of record sales for
Honda division.  The Odyssey minivan, introduced last fall as a new model, set
a new March record of 5,041 -- a 290.5 percent increase over March 1998 and
its fourth month of triple-digit sales increases.  CR-V sales set a record of
10,088 -- a 34.9 percent increase over March 1998.  The strong Odyssey and
CR-V sales contributed to a new record for March light truck sales for
American Honda of 17,112 -- beating the March '97 record of 12,113.
    The Acura 3.2TL set its seventh consecutive monthly sales record with
sales of 4,318, topping the mark of 3,047 set in March '97, a strong factor in
Acura's continued resurgence.  Acura division sales totaled 9,295 for the
month.

                 AMERICAN HONDA VEHICLE SALES FOR MARCH, 1999

                                  Month-to-Date               Year-to-Date
                            March   March    DSR**     March     March  DSR**
                             1999    1998   % Chg.      1999      1998 % Chg.
    AMERICAN HONDA TTL     87,132  83,450     0.5%   241,262   219,350  10.0%
       Total Car Sales     70,020  72,842    -7.4%   192,078   191,255   0.4%
       Total Truck Sales   17,112  10,608    55.3%    49,184    28,095  75.1%
    IMPORT CAR SALES       12,035  10,142    14.3%    36,262    24,027  50.9%
       Honda Division       8,976   3,870   123.3%    27,846     8,927 211.9%
       Acura Division       3,059   6,272   -53.0%     8,416    15,100 -44.3%
    IMPORT TRUCK SALES     10,149   8,551    14.3%    30,449    22,406  35.9%
       Honda Division      10,112   8,443    15.3%    30,353    22,061  37.6%
       Acura Division          37     108   -67.0%        96       345 -72.2%
    DOMESTIC CAR SALES     57,985  62,700   -10.9%   155,816   167,228  -6.8%
       Honda Division      51,786  60,152   -17.1%   139,235   161,399 -13.7%
       Acura Division       6,199   2,548   134.3%    16,581     5,829 184.5%
    DOMESTIC TRUCK SALES
       Honda Division       6,963   2,057   226.0%    18,735     5,689 229.3%

    MODEL BREAKOUTS BY DIVISION
    Honda Division Total   77,837  74,522     0.6%   216,169   198,076   9.1%
       Accord *            34,802  33,832    -0.9%    94,939    91,322   4.0%
       Civic *             24,886  28,801   -16.8%    69,150    75,444  -8.3%
       Prelude              1,064   1,297   -21.0%     2,962     3,174  -6.7%
       del Sol                  0      79       --         1       349 -99.7%
       EV-Plus                 10      13   -25.9%        29        37 -21.6%
       Odyssey              5,041   1,243   290.5%    12,980     3,181 308.0%
       Passport *           1,946   2,057    -8.9%     5,851     5,689   2.8%
       CR-V                10,088   7,200    34.9%    30,257    18,880  60.3%
       *Domestic Vehicle
         Ttl               58,749  62,209    -9.1%   157,970   167,088  -5.5%
           Accord          26,908  33,791   -23.3%    70,130    90,947 -22.9%
           Civic           24,878  26,361    -9.1%    69,105    70,452  -1.9%
           Passport         1,946   2,057    -8.9%     5,851     5,689   2.8%
           Odyssey          5,017       0       --    12,884         0     --
    Acura Division Total    9,295   8,928     0.3%    25,093    21,274  18.0%
       Integra              2,110   3,057   -33.5%     5,718     7,152 -20.1%
       CL (Domestic Built)  1,881   2,548   -28.9%     5,368     5,829  -7.9%
       TL (Domestic
        Built) ***          4,318   2,178    90.9%    11,213     5,072 121.1%
       RL                     930   1,023   -12.5%     2,640     2,820  -6.4%
       NSX                     19      14    30.7%        58        56   3.6%
       SLX                     37     108   -67.0%        96       345 -72.2%
    Selling Days               27      26       --        76        76     --

        ** Daily Selling Rate

                           *** As of Sep 98, TL sales are domestic