American Honda Posts Record July Results: 2003 Up 9.7%
Highlights:
* American Honda record car, light truck and total vehicle sales for July
* American Honda ninth consecutive record and 3rd best month ever
* Honda and Acura divisions set new July records
* Honda Pilot, Odyssey and Acura MDX set new July records
* Acura TSX posts best month since March introduction
TORRANCE, Calif., Aug. 1 -- American Honda Motor Co., Inc. posted record results for the ninth consecutive month on July sales of 128,433 Honda and Acura vehicles, a new July best and a 9.7 percent rise over last year's record performance. Year-to-date sales for the company are up 12.8 percent to 797,466 units through the end of July.
"Consumers continue to flock to the new car market as the economic picture improves," 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."
Honda Division posted the third best month in its history on record July sales of 112,651 cars and light trucks, a 10.3 percent rise over year-ago results. Year-to-date sales for the brand are up 15.5 percent to 700,316 on the strength of the new Accord and Honda light truck models.
Honda light truck sales for the month rose 35.4 percent to 47,738 units, while year-to-date results grew by 39.3 percent over year-ago totals. Odyssey and Pilot recorded best-ever July results while the all-new Element continues to outstrip initial sales projections.
Acura Division posted a new July record on sales of 15,782 units, a 5.9 percent increase over last year's record results. MDX set a new July record with sales of 4,604 units, up 17.5 percent for the month, while the all-new TSX sports sedan posted its best month since its introduction in March, 2003.
Additional information and downloadable high-resolution images are available at www.hondanews.com and www.acuranews.com.
American Honda Vehicle Sales For July 2003
Month-to-Date Year-to-Date
July July DSR** July July DSR**
2003 2002 % Chg. 2003 2002 % Chg.
American Honda
Total 128,433 112,542 9.7% 797,466 707,245 12.8%
Total Car
Sales 80,695 78,646 -1.3% 486,583 484,023 0.5%
Total Truck
Sales 47,738 33,896 35.4% 310,883 223,222 39.3%
Import Car Sales 15,633 12,108 24.1% 107,895 81,679 32.1%
Honda Division 9,157 7,999 10.1% 78,761 56,745 38.8%
Acura Division 6,476 4,109 51.5% 29,134 24,934 16.8%
Import Truck
Sales 14,179 14,596 -6.6% 84,565 88,209 -4.1%
Honda Division 14,179 14,596 -6.6% 84,565 88,209 -4.1%
Domestic Car
Sales * 65,062 66,538 -6.0% 378,688 402,344 -5.9%
Honda Division 60,360 60,087 -3.4% 342,736 357,013 -4.0%
Acura Division 4,702 6,451 -29.9% 35,952 45,331 -20.7%
Domestic Truck
Sales * 33,559 19,300 67.2% 226,318 135,013 67.6%
Honda Division 28,955 15,531 79.3% 194,254 104,534 85.8%
Acura Division 4,604 3,769 17.5% 32,064 30,479 5.2%
MODEL BREAKOUTS
BY DIVISION
Honda Division
Total 112,651 98,213 10.3% 700,316 606,501 15.5%
Accord * 38,552 41,152 -9.9% 232,428 222,755 4.3%
Civic * 30,008 25,837 11.7% 183,017 181,393 0.9%
Prelude 1 53 -98.2% 10 1,905 -99.5%
S2000 860 911 -9.2% 5,155 6,275 -17.8%
Insight 96 133 -30.6% 886 1,430 -38.0%
FCX 0 1
Odyssey * 14,769 9,991 42.1% 93,981 87,193 7.8%
Passport * 1 179 -99.5% 61 3,242 -98.1%
Pilot * 8,309 5,361 49.0% 59,492 14,099 322.0%
CR-V 14,179 14,596 -6.6% 84,565 88,209 -4.1%
Element * 5,876 40,720
* Domestic
Vehicle Ttl 89,315 75,618 13.6% 536,990 461,547 16.3%
Accord 33,200 37,058 -13.9% 183,873 190,341 -3.4%
Civic 27,160 23,029 13.4% 158,863 166,672 -4.7%
Passport 1 179 -99.5% 61 3,242 -98.1%
Pilot 8,309 5,361 49.0% 59,492 14,099 322.0%
Odyssey 14,769 9,991 42.1% 93,981 87,193 7.8%
Element 5,876 40,720
Acura Division
Total 15,782 14,329 5.9% 97,150 100,744 -3.6%
Integra 0 0 0 19
RSX 2,856 3,044 -9.8% 15,824 19,194 -17.6%
CL * 600 1,021 -43.5% 4,902 7,829 -37.4%
TL * 4,102 5,430 -27.4% 31,050 37,502 -17.2%
TSX 2,938 8,970
RL 657 1,050 -39.8% 4,172 5,588 -25.3%
NSX 25 15 60.3% 168 133 26.3%
MDX * 4,604 3,769 17.5% 32,064 30,479 5.2%
Selling Days 26 25 178 178
* Honda and Acura vehicles are made of domestic and global sourced parts.
** Daily Selling Rate
