| the second largest Japanese car manufacturer, | | | | slow sales. The reduced sale of these vehicles played |
| announced recently the number of vehicles that they | | | | a major part as per why Honda suffered its first |
| have produced all over the world last month as well | | | | decline in new vehicle registrations since March of this |
| as the number of vehicles that they have sold. The | | | | year. |
| reports showed that the company has achieved a | | | | The mini-vehicles Honda Zest and Life are also slow |
| record breaking number of vehicles produced outside | | | | sellers. The reduced sale for the Zest and the Life |
| of Japan and all over the world in general. | | | | attributed to the third consecutive month of reduced |
| The company’s production in both domestic | | | | new mini-car registration for Honda. |
| and overseas front has increased thus giving the | | | | Last month, the best selling vehicle for the Japanese |
| company its twelfth consecutive month of | | | | car manufacturer is the Honda Fit, the award-winning |
| production growth. The streak of record breaking | | | | five-door hatchback. The Fit is also named as the |
| productivity for Honda started in June of 2006. | | | | third best selling auto model in the industry. Last |
| The company pointed out that they are producing | | | | month, Honda sold 6,077 units of the Honda Fit. The |
| more cars and light trucks in their assembly facility in | | | | Honda Stream, on the other hand, is ranked as the |
| North America, Europe, and Asia. Aside from | | | | tenth best selling auto model. In May this year, Honda |
| recording the twelfth consecutive month of | | | | sold 4,434 units of the Stream. |
| production growth, last month also marked the 22nd | | | | As for exports, Honda posted an increase last month |
| consecutive month that Honda has increased | | | | over May of 2006. The increase in export marks May |
| production outside of Japan. Last month, Honda | | | | 2007 as the twelfth consecutive month that Honda |
| posted the highest production ever in North America, | | | | has increased its exports. The most notable market |
| the United States, Europe, Asia, and China. | | | | that Honda increased its export to is the United |
| Because of increased production in North America, | | | | States. |
| Asia and Europe, as well as in Japan, overall | | | | The Honda Motor Co. Ltd does not only produce |
| production for Honda increased for the 22nd straight | | | | Honda branded cars such as the Fit and the Stream. |
| month. The streak started in August of 2005. | | | | The company’s luxury division Acura is also |
| As far as sales is concerned, the company reported | | | | included in the production and sales report. The Acura |
| that they have recorded a reduced sale for the | | | | Division offers various luxury vehicles as well as |
| month of May in Japan. Last month marked the fifth | | | | performance enhancing parts such as the Acura RSX |
| consecutive month that the company saw its sales | | | | coil over suspension kit to their customers. |
| decline in its home market. The company is yet to | | | | Honda has more than 120 assembly facilities |
| record an increased sale in Japan this year. | | | | scattered in 30 countries around the world. This |
| In the Japanese auto market, the compact | | | | number of assembly facilities has helped the Japanese |
| multi-purpose vehicle Honda Stream and the | | | | car manufacturer achieve another increase in |
| crossover SUV Honda Crossroad still suffer from | | | | production. |