Honda

Honda Sets All-Time Record for Auto Production in the Month of April for Regions Outside Japan and Worldwide

TOKYO, Japan, May 27, 2008 – Honda Motor Co., Ltd. announced a summary of automobile production, Japan domestic sales, and export results for the month of April 2008.

Production in Japan experienced a year-on-year decrease for the eighth consecutive month (since September 2007).

Production in regions outside of Japan experienced a year-on-year increase for the 33rd consecutive month (since August 2005), setting an all-time record for the month of April. This includes record production for the month of April in North America, the U.S., Europe, Asia, and China.

LONDON, May 21, 2008 -- Honda is to launch an accessible hybrid car to allow more people around the world to adopt cleaner motoring technology and significantly reduce global car emissions. Going on sale early next year, Honda expects to sell 200,000 units globally of the new car annually.

The company will further accelerate hybrid sales by introducing a sporty hybrid based on its Honda CR-Z, Honda Civic Hybrid and the addition of a Honda Jazz Hybrid model. With all four of these models, Honda expects combined annual sales of its hybrid models to reach 500,000 units.

Dynamic and refined crossover SUV delivers 8-passenger seating, robust family SUV capabilities, and technology for safety and fuel efficiency

TORRANCE, Calif., May 21, 2008 -- The all-new, completely-redesigned 2009 Honda Pilot is set to debut at dealerships nationwide on May 22 with a Manufacturer's Suggested Retail Price(i) (MSRP) starting at $27,595, plus destination and handling, for the well-equipped Honda Pilot LX -- the same as the 2008 model's price entry point, American Honda Motor Co., Inc., announced today.

2009 Honda Pilot

Reduction in component size and manufacturing costs to improve hybrid affordability

05/20/2008, TORRANCE, Calif. -- Honda today announced additional details regarding its new small hybrid scheduled for introduction in early 2009, as part of Honda Motor Co., Ltd. CEO Takeo Fukui's mid-year address. An official name and full product details will be announced later this year.

Program marks first-ever large-scale retail initiative for a fuel cell vehicle

TORRANCE, Calif., 05/20/2008 -- Honda plans to deliver about 200 FCX Clarity hydrogen-powered fuel cell vehicles to customers in the first three years of production, with leases beginning in July, American Honda Motor Co., Inc., announced today.

Honda FCX Clarity Advanced Fuel Cell Vehicle

The lease program marks the world's first large-scale retail initiative for fuel cell vehicle technology, and Honda has begun the process of identifying customers from a group of over 50,000 individuals who have expressed interest in the FCX Clarity on the company's website.

TOKYO, Japan, May 21, 2008 – A new 3-year mid-term plan began in April of this year. The basic idea for this 3-year plan is to establish a corporate structure necessary to sustain our strengths and that will enable us to grow globally in the future, and begin such efforts initially under the leadership of our operations in Japan.

Two concrete directions are set as followings;

1) To create world-leading environmental technologies, bring them to life as products, and offer them to more customers.
2) To achieve a significant advancement toward the next generation of manufacturing systems which will enable Honda to create such advanced products.

BEIJING, 29 April 2008 – GKN Driveline plans to open a major new production facility in Wuhan, China, next year.

Haixiang Wang, business development director for GKN Group -- China, said the company will build a 144,000-square-foot plant scheduled to open during the first half of 2009.

Speaking at recent press briefings in Beijing, Wang said the Shanghai GKN (SDS) facility in Wuhan initially will supply driveshafts for Dongfeng and Dongfeng’s joint-venture programs with Honda and Citroen. Expected to provide more than 600 jobs, the plant will have an annual production capacity of more than 1,000,000 driveshafts.

The company also showcased technology from its 10 existing Chinese production facilities during the recent Beijing International Auto Show (April 20-28).

April 25, 2008 – Honda Motor Co., Ltd. (“Honda”) is currently being examined by the Tokyo Regional Taxation Bureau (“Bureau”) on matters related to a transfer pricing*1 issue. In the examination, the Bureau claims that the allocation of the total profit Honda and its Chinese joint venture companies earned from their automobile business in China was not an “arms’ length” allocation but rather that too much of this total profit was realized by the Chinese joint venture companies over the five-year period ended March 31, 2006.

Honda Achieved all-time record for consolidated revenue, operating income, income before income taxes, equity in income of affiliates, and net income, with increased income in all business areas

TOKYO, Japan, April 25, 2008 – Honda Motor Co., Ltd. announced that in the fiscal year ended March 31, 2008, it achieved an all-time record for consolidated net sales and other operating revenue (herein referred to as “revenue”) for the eighth consecutive fiscal year which amounted to JPY 12,002.8 billion (+8.3%) due to increased sales revenue in all business areas.

TOKYO, Japan, April 23, 2008– 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.

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).