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American Honda Posts New Records in September 2003

Light Trucks Shatter Best-Ever September Sales Performance

TORRANCE, Calif., Oct. 1 -- Led by a 17.0 percent increase in CR-V and record September light truck sales, total American Honda September vehicle sales of 106,652 were up 0.9 percent from last year based on a daily selling rate, American Honda Motor Co., Inc. announced today. Model year sales for 2003 have also set a new record of 1,353,438, an increase of 9.4 percent compared to 1,236,374 from the previous 2002 record.

American Honda light truck September sales were up 28.0 percent to 41,982. The Honda CR-V had its best-ever September sales month, selling 11,337 units. In addition, the Honda Pilot had its best-ever September with 9,038 units sold and the all-new Honda Element continued its strong sales momentum with 5,430 units. Strong model year Odyssey sales of 161,006 and a 17.2 percent increase in MDX sales further contributed to American Honda's record total light truck sales. September sales marked a record eleven out of twelve months of all-time record sales for both American Honda and the Honda Division, based on model year sales.

"Despite a challenging economic climate and an uncertain political situation in the California market, consumers continue to flock to the new car market," said Dick Colliver, executive vice president of American Honda Motor Co., Inc. "We're on track for a record year with minimal incentive spending based on the strength of our product lineup."

Led by the MDX luxury SUV, Acura sold 12,873 units and was up 2.8 percent. The Acura MDX posted sales of 4,589 this past month, surpassing last September's record by 17.2 percent.

Year-to-date total American Honda sales of 1,051,371 are up 11.2 percent from last year's record setting pace.

               American Honda Vehicle Sales For September 2003

                          Month-to-Date               Year-to-Date
                 September  September   DSR** September September   DSR**
                    2003       2002    % Chg.    2003       2002   % Chg.
  American Honda
   Total          106,652    101,249    0.9% 1,051,371    945,767   11.2%
    Total Car
     Sales         64,670     69,809  -11.2%   646,883    649,700   -0.4%
    Total Truck
     Sales         41,982     31,440   28.0%   404,488    296,067   36.6%
  Import Car Sales 12,929     13,887  -10.8%   137,457    108,019   27.3%
    Honda Division  8,755     11,119  -24.5%    98,125     76,128   28.9%
    Acura Division  4,174      2,768   44.5%    39,332     31,891   23.3%
  Import Truck
   Sales           11,337      9,289   17.0%   110,699    112,695   -1.8%
    Honda Division 11,337      9,289   17.0%   110,699    112,695   -1.8%
  Domestic Car
   Sales *         51,741     55,922  -11.3%   509,426    541,681   -6.0%
    Honda Division 47,631     50,447   -9.5%   464,148    483,356   -4.0%
    Acura Division  4,110      5,475  -28.1%    45,278     58,325  -22.4%
  Domestic Truck
   Sales *         30,645     22,151   32.6%   293,789    183,372   60.2%
    Honda Division 26,056     18,398   35.7%   252,172    144,515   74.5%
    Acura Division  4,589      3,753   17.2%    41,617     38,857    7.1%

  MODEL BREAKOUTS BY DIVISION
  Honda Division
   Total           93,779     89,253    0.7%   925,144   816,694    13.3%
    Accord *       33,072     33,312   -4.9%   314,598   304,336     3.4%
    Civic *        22,837     27,505  -20.4%   240,331   243,633    -1.4%
    Prelude             0          9                10     1,945   -99.5%
    S2000             422        592  -31.7%     6,297     7,799   -19.3%
    Insight            55        148  -64.4%     1,036     1,771   -41.5%
    FCX                 0                            1
    Odyssey *      11,584     12,021   -7.7%   121,563   114,024     6.6%
    Passport *          4         50  -92.3%        69     3,412   -98.0%
    Pilot *         9,038      6,327   36.9%    77,555    27,079   186.4%
    CR-V           11,337      9,289   17.0%   110,699   112,695    -1.8%
    Element *       5,430                       52,985
  * Domestic Vehicle
     Ttl           73,687     68,845    2.6%   716,320   627,871    14.1%
      Accord       27,738     25,565    4.0%   254,291   260,420    -2.4%
      Civic        19,893     24,882  -23.4%   209,857   222,936    -5.9%
      Passport          4         50  -92.3%        69     3,412   -98.0%
      Pilot         9,038      6,327   36.9%    77,555    27,079   186.4%
      Odyssey      11,584     12,021   -7.7%   121,563   114,024     6.6%
      Element       5,430                       52,985
  Acura Division
   Total           12,873     11,996    2.8%   126,227   129,073    -2.2%
    Integra             0          0                 0        19
    RSX             1,483      1,972  -27.9%    20,096    24,130   -16.7%
    CL *              453        851  -49.0%     6,000     9,831   -39.0%
    TL *            3,657      4,624  -24.2%    39,278    48,494   -19.0%
    TSX             2,094                       13,578
    RL                590        769  -26.5%     5,457     7,557   -27.8%
    NSX                 7         27  -75.2%       201       185     8.6%
    MDX *           4,589      3,753   17.2%    41,617    38,857     7.1%

  Selling Days         24         23               229       229

  * Honda and Acura vehicles are made of domestic and global sourced parts.
  ** Daily Selling Rate