Honda Sets 11th Straight All-Time Fiscal Year Record for Worldwide Auto Production

Apr 23, 2008 2:43:00 AM

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Tokyo, Apr 23, 2008 - (JCN Newswire) - Honda Motor Co., Ltd. announced a summary of automobile production, Japan domestic market sales, and export results for the fiscal year ended March 31, 2008 (Fiscal Year 2008), as well as for the month of March 2008. Honda set new all-time fiscal year records for production in North America, the U.S., Europe, Asia, and China, resulting in the 11th consecutive all-time fiscal year record for production in regions outside Japan and worldwide.

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Production

Fiscal Year 2008 (fiscal year ended March 31, 2008):

Production in Japan for the Fiscal Year 2008 experienced a year-on-year decrease for the first time in two years (since Fiscal Year 2006).

Production in regions outside of Japan experienced a year-on-year increase for the 11th consecutive year (since Fiscal Year 1998), setting an all-time fiscal year record. This includes fiscal year record production in North America, the U.S., Europe, Asia, and China.

Worldwide production also experienced a year-on-year increase for the 11th consecutive year (since Fiscal Year 1998), setting an all-time fiscal year record.

March 2008:

Production in Japan for the month of March 2008 experienced a year-on-year decrease for the seventh consecutive month (since September 2007).

Production in regions outside of Japan experienced a year-on-year increase for the 32nd consecutive month (since August 2005), setting an all-time record for the month of March. This includes an all-time record for any month for production in Asia and China.

Worldwide production experienced a year-on-year decrease for the first time in 32 months (since July 2005).

Japan Domestic Market Sales

Fiscal Year 2008 (fiscal year ended March 31, 2008):

Total Japan domestic market sales for Fiscal Year 2008 experienced a year-on-year decrease for the sixth consecutive year (since Fiscal Year 2003).

New vehicle registrations experienced a year-on-year increase for the first time in two years (since Fiscal Year 2006).

Sales of mini-vehicles experienced a year-on-year decrease for the first time in two years (since Fiscal Year 2006).

-Vehicle registrations - excluding mini-vehicles-

Fit was the industry's best-selling car among new vehicle registrations for the Fiscal Year 2008, with sales of 148,253 units.

-Mini-vehicles - under 660cc-

Life was the industry's fifth best-selling car among mini-vehicles for Fiscal Year 2008, with sales of 94,302 units. Zest was the industry's tenth best-selling car among mini-vehicles, with sales of 47,276 units.

March 2007:

Total Japan domestic market sales for the month of March 2008 experienced a year-on-year decrease for the first time in three months (since December 2007).

New vehicle registrations in March experienced a year-on-year increase for the fifth consecutive month (since November 2007).

Sales of mini-vehicles in March experienced a year-on-year decrease for the first time in three months (since December 2007).

-Vehicle registrations - excluding mini-vehicles-

Fit was the industry's best-selling car among new vehicle registrations for the month of March 2008, with sales of 25,933 units.

-Mini-vehicles - under 660cc-

Life was the industry's fifth best-selling car among mini-vehicles for the month of March 2008, with sales of 14,820 units.

Exports from Japan

Fiscal Year 2008 (fiscal year ended March 31, 2008):

Total exports from Japan for Fiscal Year 2008 experienced a year-on-year increase for the fourth consecutive year (since Fiscal Year 2005).

March 2008:

Total exports from Japan in March 2008 experienced a year-on-year decline for the third consecutive month (since January 2008).

Production, Sales, Exports (March 2008)

Production
----------------------------------------------------------------------
                      Fiscal Year          March         Year to date
                          2008              2008        (Jan-Mar 2008)
----------------------------------------------------------------------
                      Units   vs'07    Units   vs'07     Units  vs'07
----------------------------------------------------------------------
Japan              1,296,682  -3.8%  103,168  -17.6%    309,640 -10.2%
Outside of Japan   2,658,801 +12.9%  242,367   +4.6%    709,220 +12.5%
Worldwide Total    3,955,483  +6.8%  345,535   -3.2%  1,018,860  +4.5%
----------------------------------------------------------------------

Production by Region
----------------------------------------------------------------------
                      Fiscal Year          March         Year to date
                          2008              2008        (Jan-Mar 2008)
----------------------------------------------------------------------
                      Units   vs'07    Units   vs'07     Units  vs'07
----------------------------------------------------------------------
North America      1,441,265  +3.4%  119,380  -10.5%   379,980  +2.3%
(USA)              1,019,135  +3.9%   83,713  -11.9%   268,893  +1.4%
Europe               247,189 +29.7%   21,171   -3.2%    67,402 +16.2%
Asia                 819,251 +22.0%   86,554  +31.5%   215,963 +23.2%
(China)              492,008 +30.0%   56,040  +46.6%   127,254 +28.2%
Others               151,096 +52.6%   15,262  +42.8%    45,875 +79.0%
Overseas Total     2,658,801 +12.9%  242,367   +4.6%   709,220 +12.5%
----------------------------------------------------------------------

Japan Domestic Sales
----------------------------------------------------------------------
                      Fiscal Year          March         Year to date
                          2008              2008        (Jan-Mar 2008)
----------------------------------------------------------------------
                      Units   vs'07    Units   vs'07     Units  vs'07
----------------------------------------------------------------------
Registrations        416,276  +2.0%   59,933  +8.5%   129,954  +16.4%
Mini - Vehicles      223,782 -21.0%   29,565 -14.2%    61,753   -0.1%
Honda Brand Total    640,058  -7.4%   89,498  -0.2%   191,707  +10.5%
----------------------------------------------------------------------

Export from Japan
----------------------------------------------------------------------
                      Fiscal Year          March         Year to date
                          2008              2008        (Jan-Mar 2008)
----------------------------------------------------------------------
                      Units   vs'07    Units   vs'07     Units  vs'07
----------------------------------------------------------------------
North America        413,914  +13.0%  30,288   +1.6%   98,505   -0.3%
(USA)                391,115  +15.7%  29,118   +3.4%   94,258   +0.7%
Europe               101,653  -21.5%   7,657  -30.3%   18,131  -48.3%
Asia                  36,068  +87.9%   3,787 +125.8%   11,469 +130.3%
Others               144,043  +10.6%  11,320   +5.2%   33,419   -1.8%
Total                695,678   +7.8%  53,052   -0.3%  161,524   -6.6%
----------------------------------------------------------------------
                                              *(April 2007-March 2008)

About Honda Motor Co., Ltd.

Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com .


Contact:Honda Motor Co., Ltd.
Media Inquiries
corporate_pr@hm.honda.co.jp
+81-3-5412-1512
Japan Corporate News Network. All rights reserved.

 
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