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Honda Sets All-Time Production Record

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

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.

<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 and EXPORTS (March 2008)

Worldwide Production
  *Fiscal Year 2008 March Year-to-Date Total
(Jan.-Mar. 2008)
Units
vs.FY07
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 Outside of Japan
  *Fiscal Year 2008 March Year-to-Date Total
(Jan.-Mar. 2008)
Units
vs.FY07
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 Market Sales
Vehicle type *Fiscal Year 2008 March Year-to-Date Total
(Jan.-Mar. 2008)
Units
vs.FY07
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 2008 March Year-to-Date Total
(Jan.-Mar. 2008)
Units
vs.FY07
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

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Honda Sets All-Time Production Record
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