Honda North American Production to Reach 100% in August for Most Models

TORRANCE, Calif., May 26, 2011 - Honda
today announced plans for the accelerated recovery of auto production
in North America following the March 11 earthquake and tsunami in
Japan. Honda will increase production volume at its North American
automobile plants to a rate of 100 percent of the original production
plan in August, for all models except the 2012 Civic.

As the supply of parts from Japan
improves, production will ramp up in August on a step-by-step,
plant-by-plant, and model-by-model basis, with production returning
to 100 percent of the original plan for models including the
4-cylinder Accord, CR-V and Acura RDX, as well as all V-6 models
including the Accord, Accord Crosstour, Odyssey, Pilot, Ridgeline,
and the Acura TL, MDX and ZDX.

Production of the all-new 2012 Civic
lineup will continue at a reduced rate of approximately 50 percent
due to the limited supply of key components. However, this situation
continues to be evaluated and full production is expected to resume
sometime in the fall, with plans to meet anticipated strong demand
for the fuel efficient new Civic lineup.

"The light at the end of the
tunnel is glowing brighter for us, represented by this significant
improvement in our production situation," said John Mendel,
executive vice president of American Honda Motor Co., Inc.
"Throughout this crisis, Honda has been fighting to achieve a
speedy recovery, while maintaining a focus on our longer-term plans
for continued growth in sales and production in order to meet the
growing needs of our customers."

Honda has managed the unprecedented
parts supply issues that resulted from the devastating impact of the
March 11 earthquake and tsunami in Japan with no layoffs at any of
its 14 production plants in North America.

"I am quite proud of the efforts
of our manufacturing team and the steps they have taken to keep our
team of associates together during this difficult period, while
maintaining their normal, outstanding focus on quality for the
customer," said Mendel. "We still have challenges to
overcome, but once we have normalized operations we will owe them a
great debt of thanks."

About Honda

In 2010, 87 percent of the Honda and
Acura automobiles sold in the United States were produced in North
America. Honda purchased more than $17.5 billion in parts and
materials from OEM suppliers in 2010, putting the average domestic
content of Honda automobiles at 80 percent. Honda has 14 Honda plants
in North America with the capacity to produce more than three million
Honda and Acura products each year, including Honda and Acura
automobiles, automobile engines and automatic transmissions, Honda
all-terrain vehicles, and Honda power equipment products such as lawn
mowers, mini-tillers and general purpose engines. Honda products are
made in North America using domestic and globally-sourced parts.

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