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European exports drive Honda to new record

Honda Motor Company has set a worldwide production record for the first half of the financial year.

Domestic production for the month of September increased 11% compared to the same month a year ago.

Total domestic production for the first six months of the year exceeded 600,000 units, a 9% increase from the same period a year ago.

Overseas production in September increased 9.5% led by increased production in Asia, South America and Europe – while total overseas production for the fiscal first half reached 970,231 units, a 9.3% increase from the previous year.

Significantly, Honda set all-time records for the first half of a fiscal year for worldwide production (1,570,623 units) and overseas production (970,231 units), as well as all-time production records in Europe (91,465 units) and Asia (239,144 units).

Total domestic sales in September increased 9.5% compared to the same month last year. Total exports in September increased by 27.2% due mainly to a 191.6% increase in exports to Europe.

Strong sales of the Jazz and Accord diesel, as well as the introduction of the new FR-V contributed to this major increase. For the first half of FY2005, total exports increased 5.3% compared to the same period in the previous fiscal year. Strong sales of the Jazz and Accord diesel in Europe and increased sales in other areas including the Middle East were the major contributors to the increase in exports.

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